Adira Finance Sees Significant Growth in Electric Vehicle Financing

Surge in Electric Vehicle Sales Drives Financing Growth

PT Adira Dinamika Multi Finance Tbk (Adira Finance), a leading multifinance company in Indonesia, has reported a substantial increase in electric vehicle (EV) financing. By October 2025, the company recorded a 157% surge in new EV financing to Rp 624 billion. This remarkable growth is directly attributed to the booming sales of electric vehicles in Indonesia, which rose by 243% during the same period, as reported by the Indonesian Motor Vehicle Industry Association (Gaikindo).

Key Factors Driving Growth

The significant increase in EV financing by Adira Finance can be linked to several key factors:

1. Government Support: The Indonesian government's initiatives to promote electric vehicle adoption have played a crucial role in driving sales and, consequently, financing demand.
2. Environmental Awareness: Growing environmental consciousness among Indonesian consumers has contributed to the increased interest in electric vehicles.
3. Expanding EV Infrastructure: Improvements in EV charging infrastructure have made electric vehicles a more viable option for consumers, thereby boosting sales and financing.

Implications for Adira Finance and the Indonesian Automotive Sector

The substantial growth in EV financing positions Adira Finance as a major player in Indonesia's automotive finance market, particularly in the electric vehicle segment. This trend is expected to continue as the demand for electric vehicles is likely to remain strong, driven by both government policies and consumer preferences. For the broader automotive sector, this shift towards electric vehicles signifies a significant transformation, with implications for manufacturers, financiers, and other stakeholders.