Jakarta, Volta Teams Up with PETRONAS
Electric Vehicle (EV) solutions provider Volta, a part of the MCASH Group, has announced a significant collaboration with global energy giant PETRONAS and its affiliates, Gentari Sdn Bhd (Gentari) and Twin Towers Ventures (TTV). This strategic partnership aims to introduce 900,000 Volta electric motorcycles, equipped with PETRONAS’ graphene technology ProCharge+ batteries, to Indonesian roads over the next five years.
Innovative Battery-Swapping Model
Volta’s battery-swapping model is set to revolutionize electric vehicle mobility in Indonesia. This model addresses one of the critical barriers to EV adoption in developing markets by eliminating the need for lengthy charging times. PETRONAS’ ProCharge+ batteries, infused with graphene, promise extended battery life and superior thermal management, making EVs more efficient and affordable for consumers.
Competitive Edge in a Growing Market
Indonesia’s EV market is poised for intense competition. However, Volta’s innovative service model combined with PETRONAS’ advanced battery technology gives it a unique advantage. The ProCharge+ batteries not only offer superior performance but also cater to the budget-conscious Indonesian market, setting Volta apart in the quest to dominate the electric vehicle (EV) sector.
“We are thrilled to collaborate with PETRONAS on various initiatives, including developing groundbreaking graphene-based batteries and expanding Indonesia’s electric vehicle fleet. At Volta, MCASH Group, our goal is to establish ourselves as the leading provider of competitive two-wheeler electric vehicle solutions,” said Suryandy Jahja, Managing Director of MCASH.
Strategic Partnership for Sustainable Growth
The partnership between Volta and PETRONAS is expected to drive significant growth in Indonesia’s electric vehicle infrastructure. By integrating cutting-edge ProCharge+ batteries, Volta aims to deliver innovative and affordable solutions to its customers. This collaboration underscores both companies’ commitment to fostering sustainable mobility and advancing the EV ecosystem in Indonesia.
PETRONAS’ Commitment to Sustainability
Dr. Mahpuzah Abai, Head of Technology Digital Business at PETRONAS, emphasized the importance of dynamic partnerships in building a sustainable mobility ecosystem. “The growing electric vehicle landscape demands dynamic stakeholder partnerships to build a seamless and sustainable mobility ecosystem. Our collaboration with Volta exemplifies this commitment, combining PETRONAS’ expertise in advanced materials with Volta’s innovative battery-swapping-as-a-service model to accelerate electric vehicle adoption in Indonesia.”
Aligned with PETRONAS’ goal of achieving Net Zero Carbon Emissions by 2050, this partnership is a step towards providing products that integrate seamlessly into consumers’ lives, enabling them to embrace a more sustainable lifestyle.
Shaping a Sustainable Future
Volta’s collaboration with PETRONAS highlights its dedication to creating a sustainable future. By fostering strategic partnerships and developing innovative technologies, Volta is not only driving Indonesia’s EV revolution but also setting a benchmark for collaborative innovation in the global mobility landscape.