Indonesia EV supplier VKTR looks to raise $45m from domestic IPO

CEO says company eyeing November listing

20220830 VKTR Teknologi Mobilitas

Indonesia's VKTR is gearing up to launch electric buses in 2023. (Source image from VKTR website)

GITA ROSSIANA, DealStreetAsia

JAKARTA -- VKTR Teknologi Mobilitas Indonesia (VKTR) -- a unit of Indonesian conglomerate Bakrie & Brothers -- is looking to raise $45 million through a listing on the Indonesia Stock Exchange (IDX) in November, a top executive told DealStreetAsia.

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