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View all search resultsWith the inauguration of the facility, operated by PT VKTR Sakti Industries, a subsidiary of publicly listed PT VKTR Teknologi Mobilitas, Indonesia now has the capacity to assemble up to 10,000 electric buses.
resident Prabowo Subianto inaugurated on Thursday the country’s first electric vehicle assembly plant for large commercial vehicles in Magelang, Central Java, as Southeast Asia’s largest economy steps up efforts to localize production and reduce fuel imports.
With the inauguration of the facility, operated by PT VKTR Sakti Industries, a subsidiary of publicly listed PT VKTR Teknologi Mobilitas, Indonesia now has the capacity to assemble up to 10,000 electric buses.
“We must move toward clean, renewable energy. Electrification is one way to reduce reliance on fossil fuels,” Prabowo said during the inauguration ceremony.
Regional administrations, including Jakarta and Central Java, have placed orders for dozens of electric buses for public transit systems, he said, providing early demand for the plant’s output.
“This is something we should be proud of, that we already have a bus and truck industry. Regional leaders who are not ordering domestic products should do so, and the military must also prioritize local purchases,” Prabowo added.
“If Japan has Isuzu and Hino, and Korea has Hyundai and Daewoo, I hope that in the coming years we will see VKTR emerge as one of Indonesia’s champions.”
Read also: Electrification drive needs stronger political will, ‘long-term strategy’
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