China-backed EvMoto Enters Indonesian Ride-hailing Market with Electric Fleet

Strategic Partnership for Electric Vehicle Supply

EvMoto, a China-backed ride-hailing platform, has formed a significant partnership with PT Bangun Karya Perkasa Jaya (KRYA) to supply electric motorcycles for its Indonesian operations. According to Brigitta Natoatmodjo, Director of KRYA, the company will supply 50,000 electric motorcycles through its subsidiary KRYA-ECGO starting next year.

All-Electric Ride-hailing Platform

EvMoto is launching its ride-hailing service in Indonesia with a unique selling proposition - a 100% electric vehicle fleet. Jason, CEO of EvMoto Teknologi Indonesia, explained that the company's primary business activity is renting electric motorcycles to ride-hailing drivers. This strategic decision aligns with Indonesia's national electric vehicle adoption policies.

Market Impact and Future Prospects

The entry of EvMoto into Indonesia's competitive ride-hailing market brings new dynamics, particularly with its focus on electric vehicles. This development is expected to accelerate the adoption of electric motorcycles in the country and potentially influence other ride-hailing operators to consider similar transitions. The partnership between EvMoto and KRYA demonstrates growing investor confidence in Indonesia's electric vehicle ecosystem.