Oyika wants to help 30,000 Indonesian riders switch to electric motorcycles

© Oyika

With unlimited battery swaps and round-the-clock service, the Singapore startup is targeting ride-hailing and delivery drivers in Indonesia, a market with a growing appetite for electric motorcycles

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Electric vehicles (EVs) are becoming popular worldwide, and the boom is spreading to Southeast Asia. In Indonesia, the government is preparing charging infrastructure and tax incentives to encourage EV buyers and manufacturers. However, most EVs are still more expensive than their gas-guzzling counterparts, and charging stations remain sparse even in Jakarta.Singaporean startup Oyika wants to tackle both problems. Working with electric motorcycle manufacturers, the company offers a weekly subscription plan that bundles a motorcycle with unlimited battery swaps. Since the company entered the In...
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