Opportunities in the Indonesian Electric Charging Market

Amid the global wave of new energy transformation and green mobility, Indonesia, as a significant economy in Southeast Asia, is witnessing the quiet rise of its electric charging market, with enormous potential. Senior executives from our company (Mr. Dai and Mr. Shuai) personally visited Indonesia for an in-depth survey, bringing back cutting-edge insights and profound observations on the local electric charging industry.

Market Status: Accelerating the Transition from Fuel Kingdom to Electric Hub

Indonesia, the world's largest archipelagic country with over 17,000 islands, faces a fragmented transportation network. The number of traditional fuel vehicles exceeds 120 million, but the shift towards electrification is rapidly progressing. By the end of 2024, the number of electric motorcycles in Indonesia has surpassed 500,000, with a year-on-year growth of over 300%. The government plans to achieve a large-scale adoption of 13 million electric motorcycles by 2030, with a highly promising market outlook.

Policy Incentives: Comprehensive Support for the Electric Motorcycle Industry Chain

The Indonesian government has positioned electric motorcycles as a key factor in reducing carbon emissions in transportation, offering unprecedented policy support to accelerate the market transition. Economic Coordinating Minister Airlangga Hartarto stated that by 2025, subsidies for electric motorcycles could be extended to IDR 7 million per unit, further lowering consumer purchase costs and stimulating market demand.

Meanwhile, Indonesia's ride-hailing giants Gojek and Grab are actively participating in the "fuel-to-electric" transition. They are collaborating with local electric motorcycle manufacturers (such as Gesits and Viar) to provide electric motorcycles for their drivers.

SRE Localization Strategy: Battery Swapping +Charging

Based on in-depth research into the Indonesian market, our company has extensive field experience and strong in-house R&D capabilities in the charging products field. We can precisely identify market needs and create customized products.

• Efficient Battery Swapping: Utilizing military-grade RFID technology to achieve "3-second battery identification + 10-second battery swapping," perfectly solving the issue of unstable network signals in the islands.
• Safety Assurance: The battery swapping cabinets are equipped with water-cooling fire protection systems and smoke detection modules, with IP65 waterproof and dustproof certification, making them suitable for high-temperature and high-humidity environments.
• Flexible Charging: Innovating a dual-mode solution combining "cabinet battery swapping + external charging" to meet the instant energy supply needs in various scenarios, such as gas stations, convenience stores, and residential areas.

According to field surveys and market analysis, the demand for battery swapping cabinets in Indonesia is expected to reach thousands of units within the next two years. We will customize products based on local conditions and steadily expand into the Southeast Asian market. Additionally, we plan to leverage localized software platforms to better serve small and medium-sized operators and follow the trend of electrification, building an integrated solution.

Indonesia is just the starting point; next, we will explore deeper into Africa, India, and Brazil, discovering more possibilities for our 'Born Global' mission.