Highest in Indonesia! This Electric Motorcycle Achieves 75% Local Content
National electric motorcycle manufacturer Savart Motors has revealed that the Domestic Component Level (TKDN) of its latest product has surpassed 75%. This figure serves as a primary asset for the company in developing electric vehicles with high local content.
CEO of Savart Motors, William Ekaputra Taifan, stated that this achievement was reached in their newest model targeting the middle segment. Previously, Savart had also recorded high TKDN in its more premium models.
“Our first type launched in 2023 was in the premium class, which reached a TKDN of 74.27%. Now, we have just entered the middle segment with 75.03%. Therefore, our TKDN is indeed the highest,” William told CNBC Indonesia on Friday.
Consequently, he expressed openness to participating in the government’s national electric motorcycle ecosystem programme, which is currently being implemented.
“With the highest TKDN, if being defined as a national electric motorcycle, it could be possible. We would certainly welcome joining the ‘Molinas’ (National Motor) initiative, although there have been no specific discussions regarding that direction so far,” said William.
Meanwhile, Chief Operating Officer (COO) of Savart, Garry Surya Putra Taiment, noted that the difference in value is quite significant when looking at the cost structure. The process of converting battery cells into battery packs creates substantial added value for the company.
“The value addition from the battery cell to the battery pack is almost double when we discuss costs,” Garry told CNBC Indonesia.
From the outset, the company chose to develop core technologies internally. The team was built by recruiting engineering talent from several Indonesian universities, subsequently developing production capabilities gradually.
This technological development resulted in the Savart S1-P product. Although it still utilises some imported components, the company stated that the core vehicle technology remains under Savart’s control, ensuring the company is not entirely dependent on specific suppliers.
“If we are talking about the category of national electric motorcycles, we are arguably the most national. This is because we absorb labour, and our multiplier effect and supply chain involve many MSMEs (Micro, Small, and Medium Enterprises),” said Garry.