The Chicken and the Egg Situation

Green financing for both industries and electric vehicle credits remains low. Capital owners are waiting for the electric car and motorcycle markets to grow.

Fery Firmansyah

November 21, 2022

GILARSI Setijono has a series of big plans in mind. The VKTR Teknologi Mobilitas Chief Executive Officer (CEO) designed an ecosystem of electric vehicles, from constructing electric bus and motorcycle factories, processing facilities for nickel and raw materials of electric vehicle batteries, to factories producing batteries for electric cars and motorcycles. All these clearly require very large funding.

Based on Gilarsi’s calculation, VK...

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