Status : Published Published On : Dec, 2023 Report Code : VRAT4056 Industry : Automotive & Transportation Available Format : Page : 79

Indonesia Electric Three-wheeler Market – Analysis and Forecast (2025-2030)

Industry Insigts by Product (E-rickshaw, E-auto, Others) By Type (Passenger Vehicle, Load Carrier), by Motor Power (<1,000 W, 1,000-1,500 W, >1,500 W)

Industry Overview

The Indonesian Electric Three-Wheeler Market is predicted to grow at 13.5% CAGR during the forecast period, in terms of its fleet size.In year 2023 the electric three-wheelers market was USD 1.42 billion and expected to reach USD 3.24 billion by 2030. The Indonesian market is still unexplored and the government is yet to push the adoption of electric three-wheelers in the country. However, the increasing popularity of these vehicles is leading to increasing traction among manufacturers for revenue generation.

Indonesia Electric Three-Wheeler Market

Market Segmentation

Insight by Product

Based on product, the electric three-wheelers market is segmented into e-rickshaws, e-auto, and others. E-rickshaws are the most preferred three-wheeler category. E-rickshaws are the typical three-wheelers with a top speed of around 25km/hr. These are alternatives to conventional pull rickshaws with pedals and auto rickshaws. A typical e-rickshaw carries 4+1 or 3 passengers at a time.

Insight by Type

Based on type, the market is categorized into passenger vehicles and load carriers. Passenger vehicles hold a larger share of the market, whereas load carriers' electric three-wheelers are also anticipated to witness significant growth during the forecast period.

Insight by Motor Power

Based on motor power, the market is segmented into 1,500 W. Of all, 1,000-1,500 W powered three-wheelers hold the largest share in the Indonesian market. The highest share of the 1,000-1,500 W powered three-wheelers in the market is due to the optimum performance and cost of the vehicle at this power.

Indonesia Electric Three-wheeler Market Report Coverage

Report Metric


Historical Period

2018 - 2023

Base Year Considered


Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  1.42 Billion

Revenue Forecast in 2030

U.S.D.  3.24 Billion

Growth Rate


Segments Covered in the Report

By Product,By Type,By Motor Power

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report


Industry Dynamics

The electric three-wheelers market in Indonesia is yet to gain the expected traction and the government is yet to prepare a clear roadmap for the electric vehicle industry. The urban population in Indonesia prefers three-wheelers for their daily commute as it saves them time and cost. With the introduction of electric three-wheelers, these vehicles further, save the maintenance cost which creates traction among the masses. Moreover, the consumer finds these vehicles efficient, especially for intracity transport for low-distance travel.

Auto rickshaw provides cheaper and faster intracity transport in these countries; therefore, a large population depends on it for transport. Although the lower performance compared to conventional auto rickshaws, electric three-wheelers are still being preferred for their low maintenance rate.

In Indonesia, the government plans to collaborate with the manufacturers to increase the electric vehicle fleet size in the country. Mitsubishi Motors Corp. partnered with the Indonesian government on the use of electric vehicles to help the country reduce exhaust emissions and develop a greener environment. The government in the country plans to scrap a 40 percent luxury goods tax on sales of electric cars as well as reduce the import tax on these items from up to 40 percent to 5 percent. These initiatives are further anticipated to propel the demand for electric three-wheelers in the country.

Competitive Insight

The report offers competitive insight into the players offering electric three-wheelers, OEMs, or components manufacturers for these vehicles. Product and services, recent developments, and financial highlights for the players operating in the Indonesian electric three-wheelers market.

Clean Motion is a proven solution for the future of mobility. It is a transportation solution suited for daily use, with a vehicle somewhere between a conventional car and a scooter. Company's industrial design has been crafted over the years to meet the needs of a wide range of businesses with one common purpose - providing urban transport at scale.

Some of the key players of this market are :

  • Clean Motion India
  • Kinetic Green Energy and Power Solutions Ltd.
  • Terra Motors Corporation
  • Hero Electric Vehicles Pvt. Ltd.
  • Lohia Auto Industries

Recent Developments by Key Players

Clean Motion AB collaborated with EU Electric vehicle manufacturer. The project GIANTS (Green Intelligent Affordable Nano Transport Solutions) has a total of 23 project partners and a total budget of 15.1 million euros, of which 12 million euros are grants from the EU. Clean Motion has the third largest budget and shall be awarded a grant from the EU of 1.3 million euros.

Terra Motors (Japan) sets up EV chargers in India. 3-wheeler startup eyes 1,000 charging stations, starting near New Delhi. Terra, which formed a dedicated local company for the business, said it is the first Japanese installer and operator of EV chargers in India.

The Indonesia Electric Three Wheeler Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • Product
    • E-Rickshaw
    • E-Auto
    • Others
  •  Type
    • Passenger Vehicle
    • Load Carrier
  • Motor Power
    • <1,000W
    • 1,000-1,500W
    • >1,500W


Indonesia Electric Three-Wheeler Market Analysis

Frequently Asked Questions

Mitsubishi Motors Corp. has partnered with the Indonesian government on the use of electric vehicles to help the country reduce exhaust emissions and develop a greener environment.
On the basis of motor power, the highest share of the 1,000-1,500 W powered three-wheelers in the market.
Based on type, passenger vehicles hold a larger share in the market.
E-rickshaws are the most preferred three-wheeler category.
The Indonesian electric three-wheeler market is predicted to grow at 13.5% CAGR during the forecast period, in terms of its fleet size.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle