Conglomerates, Start-ups Enter Electric Vehicle Industry
Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist.
Tri Saktir carrosserie director Andi Widodo (left), BYD Indonesia and Malaysia managing director Eagle Zhao (second left) and PT Bakrie and Brothers president director and CEO Anindya Novyan Bakrie (second right) stand in front of a VKTR electric bus parked in a warehouse in Magelang, Central Java, on Feb.17.(Courtesy of Vektr Mobiliti Indonesia (VKTR)/-)
Conglomerates and start-ups alike are strengthening their grip on the green transportation industry by engaging in the manufacture and procurement of electric vehicles (EV) for their businesses. PT Vektr Mobiliti Indonesia (VKTR) became the latest company to tap into the industry when it announced on Thursday that it would manufacture electric buses (e-buses) in collaboration with local carrosserie manufacturer Tri Sakti and top Chinese EV producer BYD Auto. “With this partnership, we are officially opening the first e-bus manufacturing facility in Indonesia,” said Anindya Novyan Bakrie, president director and CEO of Bakrie and Brothers (BNBR).
PT Vektr Mobiliti Indonesia (VKTR) became the latest company to tap into the industry when it announced on Thursday that it would manufacture electric buses (e-buses) in collaboration with local carrosserie manufacturer Tri Sakti and top Chinese EV producer BYD Auto.
Aoyama informed, “The growing Indian 2W market is top priority for Honda. To better meet dynamic market demand and to prepare for future opportunities, today Honda has inaugurated the fourth assembly line in Karnataka plant. With this, the Narsapura plant will now produce 24 lac two-wheelers annually. This makes Narsapura the world’s largest two-wheeler plant for Honda and also India the number one production base for Honda globally.”
Indonesia’s Bakrie Group sets up, anchors new VC fund
Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist.
VKTR Delivers 22 e-buses to Transjakarta operator Mayasari Bakti
Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist.