Key insights and market outlook
PT Bangun Karya Perkasa Jaya Tbk (KRYA) has secured a significant contract worth Rp 240 billion through its subsidiary ECGO with EVMoto for the supply of 10,000 electric motorcycles. The deal, valued at Rp 24 million per unit, is set to boost KRYA's presence in Indonesia's growing electric vehicle (EV) sector. Deliveries are scheduled to begin in March 2026, marking a strategic expansion into sustainable mobility solutions.
PT Bangun Karya Perkasa Jaya Tbk (KRYA), through its subsidiary ECGO, has signed a significant commercial contract with EVMoto for the supply of 10,000 electric motorcycles, valued at Rp 240 billion. This strategic move marks KRYA's entry into Indonesia's rapidly growing electric vehicle (EV) market.
The agreement involves the delivery of 10,000 electric motorcycles at Rp 24 million per unit, with deliveries scheduled to commence in March 2026. This contract not only diversifies KRYA's business portfolio but also strengthens its position in the sustainable mobility ecosystem.
According to William Teng, President Director of Bangun Karya Perkasa Jaya, this initiative is part of the company's strategic efforts to expand into the EV sector and build a long-term presence in the sustainable mobility market. The move is expected to contribute positively to KRYA's financial performance and enhance its market standing in the evolving automotive industry.
Electric Motorcycle Supply Contract
Strategic Business Diversification