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In 2023, the number of motorcycles in Indonesia reached around *** million units. Indonesia has one of the highest numbers of motorcycles in the world, with Honda being the most popular motorcycle brand in the country.

The Indonesian motorcycle industry

In dense urban areas of Indonesia with heavy traffic and limited door-to-door mobility when using public transportation, motorcycles have become the most practical way to get around for many people. Each year, millions of motorcycles are sold within the country, and revenue in this market has seen relatively consistent growth. By 2029, the motorcycle industry in Indonesia is expected to generate around *** billion U.S. dollars in revenue.

The rise of electric motorbikes

Unquestionably, motorcycles also lead the electric vehicle (EV) market in Indonesia, with over ** percent of registered EVs being electric two-wheelers. In 2023, the Indonesian government introduced a subsidy program for certain electric motorbike models, resulting in a notable increase in the sales volume of electric motorbikes. Although the overall penetration rate of EVs in the country is still low, the government has shown optimism, aiming to have ** million electric motorbikes on Indonesian roads by 2030.