Friday, July 12, 2024

Pertamina Partners with VKTR to Accelerate Electric Vehicle Transition in Indonesia

Reading Time: 2 minutes
Audina Nur


Mahinda Arkyasa



Pertamina New & Renewable Energy (NRE) has joined forces with PT VKTR Teknologi Mobilitas Tbk. (VKTR) to establish a sustainable mobility partnership for public transportation in Indonesia.

The formalization of this collaboration took place through the signing of a letter of interest to the US International Development Finance Corporation (US DFC) in Washington, DC, on Monday (11/13/2023).

With Indonesia boasting a substantial bus fleet of over 260,000 units, there is a significant opportunity for the integration of electric buses. The focus of this alliance is the introduction of an innovative e-MaaS (electric Mobility as a Service) model, which provides flexible financing options for the operation and maintenance of electric buses, ultimately reducing reliance on government funding.

CEO of VKTR, Gilarsi W. Setijono, emphasized that this partnership holds the potential to drive a transformation in both the public transportation and new renewable energy (EBT) sectors in Indonesia. In a press release on Tuesday (14/11/2023), Gilarsi stated, “We are committed to facilitating a comprehensive electric vehicle infrastructure, transitioning from the capex to opex model, and making a significant contribution to the Indonesian economy.”

Simultaneously, Pertamina NRE CEO Dannif Danusaputro expressed the company’s commitment to achieving emission reduction targets by 2060 or earlier. Danusaputro highlighted the company’s focus on challenging sectors through low-carbon solutions and the development of EBT.

“Building a future business that includes electric vehicles, batteries, green hydrogen, and carbon businesses. We believe that this collaboration will expedite our efforts,” Dannif remarked.

The primary objective of this partnership is to support entities like TransJakarta and IKN New Capital in establishing the necessary infrastructure for the widespread adoption of electric vehicles. The e-MaaS model extends beyond vehicles, encompassing critical infrastructure like charging stations and renewable energy sources.

This approach offers a comprehensive and cost-effective solution for major cities in Indonesia. The collaborative effort through e-MaaS is poised for implementation in various sectors, promoting environmentally friendly transportation projects and electricity transformation. Its scalability also sets the stage for expansion into other regions, fostering a robust and sustainable eco-friendly transportation ecosystem.

Audina Nur


Mahinda Arkyasa




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