Singapore startup Charged aims to sell 2 million electric motorcycles a year

SINGAPOREAN startup Charged plans to sell 10 million electric motorcycles (e-motos) in the region over the next 10 years, ramping up to annual sales of two million units by the end of that period, said co-founder Joel Chang.

While Indonesia is its biggest market today, the company aims to take its bikes further in South-east Asia and beyond, he said in an interview with The Business Times (BT).

Founded in March 2022, Charged has three bike models so far, with its zero-emissions production facility having delivered “more than 1,000 motorcycles” to clients in Indonesia, Malaysia and Vietnam.