In Indonesia, a concerted effort to get motorcycle riders to switch to electric

[JAKARTA] Singapore companies are looking to muscle their way into the Indonesia market to take advantage of what is expected to be a boom in sales of electric motorbikes. There are some 120 million motorbikes in Indonesia, but it’s estimated that only 1 per cent of these are electric.

According to latest available industry data, Indonesia sold fewer than 40,000 electric motorbikes between 2019 and last year, even though the country’s total motorbike sales in 2022 alone reached 5.22 million units.

The government has said it wants the take-up rate to go up, with a target of having at least 1.2 million electric motorbikes and 35,000 electric cars on the roads by 2024.