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Indonesian Ride-Hailing Unicorn Gojek Aims to Go All Electric by 2030

Ding Yi / May 04, 2021 06:37 PM / Business & Tech

Tencent-backed Indonesian ride-hailing startup Gojek plans to make every vehicle it operates a battery-powered one by 2030, reflecting its commitment to achieving zero emissions as it seeks a public listing.

To reach the 2030 goal, Gojek will work with industry partners and the government to “reduce the cost of electric vehicles to about 30% lower than internal combustion engine vehicles” and accelerate the construction of battery swap and charging stations in Indonesia, Gojek’s co-CEO Kevin Aluwi said in a recent interview with Reuters.

Indonesia’s deputy head for investment and mining coordination, Septian Hario Seto, said that the government is helping Gojek in talks with China’s Contemporary Amperex Technology to supply batteries, according to Reuters.

In addition, the 11-year-old company, which also provides food delivery and payment services, is exploring leasing arrangements to help its cost-conscious drivers switch to electric vehicles, according to Aluwi.

Jakarta-based Gojek claims to have more than 2 million drivers across Indonesia, Vietnam, Thailand and Singapore.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Singapore’s Grab to List in U.S. in Record $40 Billion SPAC Deal

 


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