Indonesia's Indika Energy readies 'affordable' e-motorbike venture

President of coal miner also in talks with Foxconn for electric buses, trucks

20220729 ALVA

Indika Energy President Arsjad Rasjid says making the Alva electric motorbike brand affordable is essential for attracting consumers. (Source photo by screenshot from ALVA auto's YouTube page) 

WATARU SUZUKI, Nikkei staff writer

TOKYO -- Affordability will be key to Indonesian coal miner Indika Energy's foray into electric vehicles, company President Arsjad Rasjid said, as it races to diversify beyond its core business.

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