Logistics & Supply Chain - Manufacturing - Technology (Core Tech) / Asset-heavy / Industrial - Wholesale / Distributors - Recurring / Subscription-like - Software / Core Tech

EV motorcycle manufacturer and distributor for sustainable mobility in Indonesia

Subscription-based e-motorcycle fleets for Indonesia’s ride-hailing and delivery economy

About the Business

This Singapore-based company specializes in manufacturing and distribution of electric motorcycles in Indonesia. The company offers five models tailored for diverse applications—from heavy cargo deliveries to high-speed military use. The company operates vertically, encompassing everything from R&D to production and software for fleet management, and utilizes a unique subscription model that has cemented its leadership in the ride-hailing and delivery segments in Indonesia. With exports to Vietnam, Malaysia, and Singapore, the company achieved EBITDA breakeven in 2024 and continues to solidify its market presence.

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Tags
Automobiles & ComponentsElectric VehiclesGrowth EquityMinority SaleMotorcyclesSE Asia

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