Indonesia's Electric Motorcycle Market Potential Pegged at USD 170 Billion
Jakarta – Minister of Investment and Downstreaming/Head of BKPM and CEO of Danantara, Rosan Perkasa Roeslani, estimates the market potential for electric motorcycles in Indonesia at 170 billion US dollars, or approximately Rp3,036 trillion (at an exchange rate of Rp17,858.70).
“We also see the market size at around 170 billion US dollars,” Rosan said at the launch and inauguration of MOLINAS and its supporting ecosystem in Cikarang, Bekasi Regency, West Java, on Thursday (13/8/2026).
Rosan noted that the current number of motorcycles in Indonesia is around 140 million units, with annual purchases reaching 6 to 7 million units. However, he pointed out that electric motorcycle buyers number only around 60,000 to 70,000 units per year.
“So, the share of electric motorcycles is only 1 per cent. If we look at the future potential, the upside could be exponential,” he said.
Based on this potential, Rosan stated that there are approximately 10 national companies that already meet the Domestic Component Level (TKDN) criteria set by the Ministry of Industry.
To develop the national electric motorcycle industry, Rosan also highlighted the involvement of PT Len Industri, ensuring that domestically produced electric motorcycles meet international standards. “Not only to become a champion in Indonesia, but also a champion in the region, and even a champion in the world,” Rosan remarked.
He emphasised that Indonesia possesses all the necessary components to manufacture national electric motorcycles. For batteries, Rosan explained that Indonesia uses nickel-based batteries, as 46 per cent of the world’s nickel reserves are located in the country. Furthermore, he added, Indonesia has the technology and capability to develop its own electric motorcycles.
“So that this creation of the nation’s children can grow. Molinas can be affordable and of high quality, especially as we can carry out the downstreaming of nickel into batteries, which can then be used in the future production of Molinas,” Rosan concluded.