Terang Dunia Internusa (UNTD) Prepares Rp 400 Billion Investment
PT Terang Dunia Internusa Tbk (UNTD) is preparing a total investment of around Rp 400 billion, allocated for land and factory facility purchases amounting to Rp 250 billion as well as factory development of Rp 150 billion. The funding for this expansion will come from third parties, either through banking or strategic investors.
Currently, UNTD’s production capacity stands at 50,000 units per month for bicycles and electric bicycles, with a composition of 40,000 bicycle units and 10,000 electric bicycle units. “Meanwhile, the electric motorcycle production capacity reaches 5,000 units per month,” said UNTD President Director Stephen Mulyadi in his statement on Tuesday (7 April 2026).
In line with the expansion plans, the company continued, it targets a significant surge in production capacity. Bicycle capacity will remain at 40,000 units per month, while electric bicycles will be increased to 40,000 units per month and electric motorcycles will jump to 20,000 units per month.
Rising Demand
Amid increasing issues related to fuel oil (BBM) prices, PT Terang Dunia Internusa Tbk (UNTD) sees an acceleration in societal behaviour changes towards more fuel-efficient and environmentally friendly vehicles. This momentum is expected to drive a surge in electric vehicle demand starting from the second quarter of 2026.
Through the Annual General Meeting of Shareholders (AGMS) held on 7 April 2026 at United Grand Hall Alam Sutera Tangerang, the company reaffirmed its commitment to capture this opportunity through aggressive expansion steps in the production sector.
UNTD President Director Stephen Mulyadi stated that the current BBM issues serve as a key catalyst for the growth of electric vehicles in Indonesia.
“We see a more evident shift in society, and UNTD wants to be at the forefront in addressing this need through greater and more integrated production capacity readiness,” he said.
UNTD Director Andrew Mulyadi added that the company projects the second quarter of 2026 to be the starting point for more significant demand increases.
Therefore, this expansion is not only about capacity enhancement but also a long-term strategy to strengthen UNTD’s position in the national electric vehicle industry. Support from banking and investors becomes a crucial foundation in realising this plan.
“With a measured expansion strategy and increasingly strong market momentum, UNTD is optimistic about accelerating business growth while promoting wider adoption of electric vehicles in Indonesia,” he concluded.