How to unlock the USD 23 Bn Electric 2W opportunity in Indonesia?
Indonesia’s electric two-wheeler (2W) market is poised for growth, with government support and rising consumer interest driving momentum. However, key challenges—such as pricing concerns, range limitations, and resale uncertainties—are slowing widespread adoption. Addressing these factors will be crucial for realizing the market’s full potential. In this update, we focus on the primary barriers to adoption […]
Switching Gears: Unlocking the Potential of EV Leasing in India
The moment you spot a sleek and stylish electric vehicle (EV) silently running on Indian roads, thoughts like ~ “Is this the right time to transition to EVs? How high is the maintenance cost?” ~ is quite common. While many think EVs to be fancy stuff for tech enthusiasts or eco-warriors, there is a new […]
Plug and play: Charging up part 5!
First up on the consumer side: Is SEA all about two-wheelers (2W) when it comes to EVs? Well, you might be surprised to find out that it is the 4W market that is surprising us more. Then, let’s talk business – Do EV opportunities in SEA exist on the B2B front? And finally ranking the countries the […]
Sparking Change: Navigating the Crossroads of India’s EV Revolution
India’s 2W story has driven the electrification wave in India and continues to show high adoption rates. FY 24 has been a defining year for E2Ws, particularly as the penetration crossed 6.8% in the last quarter, well above the inflection point of 3-5%. It will be interesting to see how E2W adoption plays out over […]
Indonesia Electric Vehicle: Charging Up Part 4
Indonesia’s Electric Vehicle (EV) sector faces a chicken-first-or-egg situation. Buyers want better ownership options (financing, resale, etc.) before coming in droves, and manufacturers are waiting for higher sales volumes before ramping up production. The good news is demand is rising, and the government is stepping in to help. We see the EV ecosystem is charging […]
MENAT Powers Ahead with EVs
We are excited to share with you some remarkable insights into the automotive landscape in the MENAT region. In this article, we focus on the growing preference for electric vehicles (EVs) and the potential for significant market growth in the coming years. 1. Turkey’s consumers are embracing EVs as their car of choice with 40% […]
Indonesia Electric Vehicle: Charging Up Part 3
Indonesia is fast emerging as a destination for Electric Vehicle (EV) development and deployment. It could be an essential player in the global EV supply chain. The government is playing a supportive role, and the local market conditions are suitable for building solid domestic capabilities. Further, EV batteries present an exciting opportunity to invest in […]
SEA Electric Vehicles – Charging Up Part 2
The Southeast Asia region’s growing middle class and urbanization are driving demand for sustainable transportation. Government policies such as tax breaks and reduced registration fees are promoting adoption as well. The entry of new Electric Vehicle manufacturers and development of charging infrastructure are offering favorable tailwinds too. These factors present opportunities for investment in EV […]
India’s Roadmap to 80% Electrification of Two-Wheelers by 2030
Electrification of vehicles in India is still at a nascent stage compared to countries such as Norway and China. While the four-wheeler electrification has been slow, the spotlight of the consumer EV revolution in the country is on two-wheelers (2W) at the moment. Ownership cost savings of electric 2W ranging from 20-70% over petrol 2Ws […]
Two-Wheelers Electric Vehicles Outlook in India | Report
It is unsurprising that the world is slowly but steadily encouraging a green planet amid heightened concern over climate change and pollution. Working along the same lines, governments all over the world are pushing the Electric Vehicles industry through subsidies and regulations. Further, consumers demand low-emission commuting instead of fossil fuel-driven vehicles, which endangers our […]
Indonesia Electric Vehicles: Charging Up
1. Indonesia possesses the macro tailwinds needed to stimulate the growth of the Electric Vehicles sector Indonesian government wants to invest for a green economy, hence has launched a roadmap to convert fuel engine vehicles to BEVs (Battery Electric Vehicle) and hybrid electric vehicles (HEVs).It possesses the largest nickel (an important component of Li-ion battery) […]
Customer Perception of online 2W rental & taxi players
The objective was to help a major fund assess the customer perception of online 2W rental platforms in India.
