The Indonesian starting company Gojek intends, by 2030 through partnerships with manufacturers and favorable leased arrangements, to make every vehicle and motorcycle on their Electric Vehicle (EV) platform, Co-chair Kevin Aluwi said to Reuters.
On Friday, Gojek announced the plan on a zero-emission undertaking, which analysis companies generally view as an initiative to bring the company closer to a public listing, in its first annual sustainable development assessment.However, analysts anticipate that Indonesia will have high electricity costs as the country requires related infrastructure, which has only around 100 charging plants.
“Our target is to work with various different players within the industry and government to reduce the cost of EVs to about 30per cent lower than internal combustion engine vehicles,” prioritising Gojek’s home market, Aluwi said in an interview ahead of the report’s release.
He said the Jakarta-based firm is in talks to help Indonesia’s electric vehicle industry develop, including how to construct infrastructure like battery swap and charging stations. Gojek claims to have over 2 million drivers in Indonesia, Vietnam, Thailand, and Singapore, and is backed by major investors such as Alphabet Inc’s (GOOGL.O) Google and Tencent Holdings Ltd.Aluwi, co-founder of Gojek, has stated that in Indonesia the company has EV pilot programs for Pertamina and Perusahaan Listrik Negara, the scooters Gesits, Viar, NIU Technologies and Honda Motor Co Ltd and Toyota Motor Corp and Mitsubishi Motor Corp. Mitsubishi have been involved in this project.
Strom and infrastructure, as well as cost, were the main concerns for drivers changing to EVs, said alouwi. Gojek explores leasing arrangements, possibly by means of the financial services branch, to help fund the project.
“We do know that the building of this electric vehicle ecosystem from raw materials to battery production to vehicle production is something that many in the government see as a big part of the future in Indonesia,” Aluwi said.
The world’s fourth-most populous nation has battled choking air pollution in cities, with Jakarta’s congested capital regularly ranking among the region’s most polluted. As part of its long-term goal of becoming a global EV centre, Indonesia plans to begin processing its abundant nickel laterite ore for use in lithium batteries.Tanah Sullivan, Gojek’s sustainability director, said the company has also started programs to eliminate single-use plastic in food distribution, which will help the company meet its zero waste and zero emission targets by 2030.
Grab, a regional competitor, pledged in December to have 26,000 electric vehicles in Indonesia by 2025.
“Gojek and Grab’s driver base is quite big. This should help to reach economies of scale for electric motorcycle development and sales,” said Septian Hario Seto, deputy head of investment and mining coordination at the coordinating ministry of maritime and investment.
Septian said Gojek is assisting Gojek to supply electricity batteries in discussions with Chinese battery manufacturer Contemporary Aamperex Technology Co Ltd (CATL) (300750.SZ). Reuters reported in April that, in 2021, Gojek and Tokopedia, Indonesia’s e-commerce platform are near completion of a $18 billion merger which would include both the $35 billion to $40 billion worth of the Jakarta-based e-commerce platform.