Indonesia's largest taxi company, PT Blue Bird, expects the upcoming production facility by BYD to significantly reduce electric vehicle (EV) prices. PT Blue Bird's executive, Noni Purnomo, has outlined the company's goal to have EVs make up 3% of their fleet by next year, with a gradual increase to 20% by 2030.
Purnomo expressed enthusiasm for BYD's investment in Indonesia, hoping for a swift and substantial drop in EV prices. PT Blue Bird introduced its first electric taxi in 2019. According to their latest annual report, as of the end of 2023, the company operated nearly 23,000 vehicles, with EVs comprising about 1% of their fleet. The high cost of EVs has been a major barrier to expanding their electric fleet.
Purnomo noted that the company has lagged in EV implementation, with current EV prices being approximately 3.5 times that of internal combustion engine vehicles. PT Blue Bird has previously announced plans to source most of its EVs from BYD, the world's largest EV manufacturer, to benefit from lower prices.
The Indonesian government announced in March that BYD would commence commercial production at its local factory at the beginning of 2026. This factory is part of a $1.3 billion investment.
