Through its subsidiary PT VKTR Teknologi Mobilitas, PT Bakrie & Brothers is the latest Indonesian conglomerate to enter the country’s nascent electric vehicle industry, collaborating with two state-owned enterprises.
VKTR will work with heavy equipment manufacturers PT Industri Kereta Api (INKA) and PT Barata Indonesia to make components for electric vehicles (EVs).
VKTR is a start-up focusing on the transportation, electrification, and telematics ecosystem. It has collaborated with global EV manufacturers such as BYD Auto and battery producer Britishvolt.
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