Volta
Volta Indonesia is an Indonesian electric motorcycle manufacturer and mobility ecosystem operator (subsidiary of PT NFC Indonesia) that sells LiFePO4 e-motorcycles through a dealer network and 300+ battery swap stations, targeting urban consumers, ride-hailing drivers, corporates, and tourists via direct sales and a rental-to-ownership program.
- Company typePrivate
- Founded2021
- HeadquartersJakarta, Indonesia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Volta does
Volta Indonesia (legally PT Volta Indonesia Semesta) is an Indonesian electric motorcycle manufacturer and mobility ecosystem operator, founded in 2021 in Semarang and headquartered in Jakarta as a subsidiary of publicly listed PT NFC Indonesia (IDX: NFCX). The company designs, manufactures, and sells a portfolio of nine LiFePO4-battery electric motorcycle models — spanning entry-level units such as the Volta eX Reguler (Rp 17.85 million) to premium models like the PatriotX (Rp 26.8 million) and GV1 (Rp 23.956 million) — supported by proprietary features including swappable dual-battery systems (120-150 km range), regenerative braking, traction control, IoT connectivity, and a Volta mobile application for fleet management. As of the latest disclosed data, Volta operates a network of 300+ battery swap stations (Stasiun Ganti Baterai/SGB) and paid charging stations (SCB) across Indonesia.
The core of Volta's business is an integrated ecosystem model rather than motorcycle sales alone. Revenue streams include one-time motorcycle sales (eligible for a Rp 7 million government subsidy on regular variants), usage-based battery charging (Rp 1,000-5,000 per 20% charge), transaction-fee battery swaps (Rp 7,500 per 60 km), and a subscription rental-to-ownership service (Semolis) priced at Rp 40,000-52,500 per day over a 660-day term, after which ownership transfers to the renter. Primary customer segments are individual urban consumers, online ride-hailing drivers (ojek online) operating on platforms such as Gojek and Grab, corporate fleet operators, and tourist-area end users. Distribution combines direct-to-consumer e-commerce (voltaindonesia.com), a dealer and showroom network including Alfamart/Alfamidi retail points, and Semolis pool locations across Jakarta, Bekasi, Depok, Tangerang, Bogor, Semarang, Bali (Denpasar), Surabaya, Medan, and Makassar.
Manufacturing is concentrated at a factory in Semarang's Kawasan Industri Candi (established 2021), with commercial operations, corporate sales, and rental fleet management run from the Jakarta headquarters in Mangkuluhur City. Volta has raised undisclosed funding from Twin Towers Ventures (TTV), Rigel Capital, LX Ventures, and SAIC Capital across two rounds in November 2023 and July 2024, and reports cumulative operational metrics of approximately 905 million km traveled by its motorcycles and 89,202 tons of CO2 emissions reduced. The company positions itself as a participant in Indonesia's national electric vehicle transition, with product economics dependent in part on continued government subsidy availability.
Volta firmographics
Firmographics- Name
- Volta
- Legal name
- PT Volta Indonesia Semesta
- Website
- https://voltaindonesia.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Volta Indonesia is an Indonesian electric motorcycle manufacturer and mobility ecosystem operator (subsidiary of PT NFC Indonesia) that sells LiFePO4 e-motorcycles through a dealer network and 300+ battery swap stations, targeting urban consumers, ride-hailing drivers, corporates, and tourists via direct sales and a rental-to-ownership program.
- Ownership category
- akta.pro rank
Volta industry classification
Industry- Product category
- Electric Motorcycles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991), Motorcycle, Boat, and Other Motor Vehicle Dealers (44122)
- SIC
- Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)
- akta.pro secondary industries
- E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG), E-Mobility Connectivity, Apps & Anti-Theft Tracking (consumer devices/services) (CRACASAM), Street & Standard Motorcycle Rentals (THADAHAA)
Keywords
Where Volta is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices10 records
Markets served
Volta business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Electric Motorcycle Sales: Direct sales of electric motorcycles to consumers through website and dealer network. Pricing ranges from Rp 17.85 million (eX) to Rp 26.8 million (PatriotX) for out-of-area (OTR) Jabodetabek pricing. Government subsidy of Rp 7 million available for regular variants.
- Battery Charging Services (SCB): Paid battery charging services at Stations Ganti Baterai (SGB). Pricing is tiered per 20% charge: Rp 1,000-5,000 at Volta SGB locations and Rp 1,200-6,000 at partner SGB locations. Deposit of Rp 5,000-6,000 required per transaction.
- Battery Swapping Services: Battery swap services at SGB stations. SEBALIS (electric battery rental) users receive 5 free swaps per day. Battery swap pricing at Rp 7,500 for 60 km range.
- Semolis Ownership Rental (Sewa Milik): Motorcycle rental-to-ownership program through subsidiary Semolis. Daily rental rates from Rp 40,000-52,500 over 660 days, after which the motor becomes property of the renter. Includes free maintenance and battery swapping.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Volta 401 Reguler - Rp 18,250,000 |
| One time/ perpetual license | Pay-as-you-go | Volta eX Reguler - Rp 17,850,000 |
| One time/ perpetual license | Pay-as-you-go | Volta Eagle Reguler - Rp 18,850,000 |
| One time/ perpetual license | Pay-as-you-go | Volta Cyrus Reguler - Rp 20,500,000 |
| One time/ perpetual license | Pay-as-you-go | Volta Virgo Reguler - Rp 19,100,000 |
| One time/ perpetual license | Pay-as-you-go | Volta Mandala Reguler - Rp 19,950,000 |
| One time/ perpetual license | Pay-as-you-go | Volta MandalaX - Rp 23,900,000 |
| One time/ perpetual license | Pay-as-you-go | GV1 - Rp 23,956,000 |
| One time/ perpetual license | Pay-as-you-go | Volta PatriotX - Rp 26,800,000 |
| Usage-based | Pay-as-you-go | Battery Charging (SCB) - Rp 1,000-5,000 per 20% |
| Subscription | Monthly | Semolis Daily Rental (New 401) - Rp 40,000/day |
| Subscription | Monthly | Semolis Daily Rental (New Eagle) - Rp 50,000/day |
| Subscription | Monthly | Semolis Daily Rental (New Mandala) - Rp 52,500/day |
| Other | Pay-as-you-go | Government Subsidy - Rp 7,000,000 discount |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Volta product offering
Product offeringCore offering
Volta manufactures and sells electric motorcycles in Indonesia, offering nine models across price tiers (Rp 17.85M–Rp 26.8M) for individual commuters, ride-hailing drivers, and corporate fleets. The business is anchored by an integrated ecosystem including 300+ battery swap stations (Stasiun Ganti Baterai / SGB), a Semolis rental-to-ownership program targeting online ride-hailing drivers over 660 days, and an IoT-enabled mobile application for vehicle and battery management.
Product overview
Volta is an Indonesian electric vehicle brand that manufactures and sells electric motorcycles through its parent company PT Volta Indonesia Semesta (a subsidiary of PT NFC Indonesia Tbk, IDX: NFCX). The product portfolio consists of nine electric motorcycle models: Volta 401 Reguler, GV1, eX Reguler, PatriotX, MandalaX, Eagle Reguler, Cyrus Reguler, Virgo Reguler, and Mandala Reguler, ranging from entry-level to premium performance variants. The ecosystem is supported by Stasiun Ganti Baterai (SGB), a battery swapping infrastructure network with over 300 stations across Indonesia, and the Semolis ownership-rental service that enables customers to rent motorcycles with eventual ownership transfer. Volta Application provides IoT-integrated mobile access for vehicle management and services.
Differentiator
Problem solved
Functional benefit
Brands
- Semolis: A rental-to-ownership program for Volta electric motorcycles, offering daily rental with a path to ownership after a specified period, integrated with battery-swap (SGB) stations and a mobile application.
- SGB (Stasiun Ganti Baterai)
Products and services
- Volta 401 Reguler Electric Motorcycle
- Volta GV1 Electric Motorcycle
- Volta eX Reguler Electric Motorcycle
- Volta PatriotX Electric Motorcycle
- Volta MandalaX Electric Motorcycle
- Volta Eagle Reguler Electric Motorcycle
- Volta Cyrus Reguler Electric Motorcycle
- Volta Virgo Reguler Electric Motorcycle
- Volta Mandala Reguler Electric Motorcycle
- Semolis Sewa Milik (Rental-to-Ownership) Program
- Stasiun Ganti Baterai (SGB) Battery Swap Service
- Stasiun Cas Baterai (SCB) Battery Charging Service
- Volta Mobile Application
Quantifiable outcome
- 905,400,153 km traveled by Volta motorcycles
- +2 more outcomes
Companies that use Volta
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Volta technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Volta partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Sentral CargominorSentral Cargo is a logistics partner for Semolis, supporting fleet operations and cargo transportation services.
- SiCepatminorSiCepat is a logistics partner for Semolis, supporting delivery and transportation operations.
- AlfamartminorAlfamart serves as retail partner locations for Volta dealers and Semolis pool points, providing physical store presence across Indonesia.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Volta competitors and assessment
Company assessmentDirect peers
- NIU Technologies: Listed Chinese manufacturer of smart electric scooters with global distribution; comparable on IoT-enabled e-scooters with mobile app integration, premium design, and similar urban commuter positioning. Operates in Southeast Asia and competes for the same customer demographic.
- ECGO (Electrum): Indonesian electric motorcycle and battery-swap infrastructure company (now operating as Electrum) developed with Gojek and Pertamina backing. Directly comparable battery-swap business model targeting the same ride-hailing driver segment in Indonesia.
- Viar Motor Indonesia: Indonesian motorcycle manufacturer with established electric motorcycle line (Viar New e), sold through Indonesian dealer networks. Direct competitor in the same product category with similar price points and distribution to Volta.
- Selis (PT Sinar Elok International): Indonesian electric motorcycle and e-bike brand with LiFePO4 battery technology and established dealer network across Indonesia. Comparable product category, customer segment, and Indonesian market positioning to Volta.
- Gesits (PT Gesits Technologies Indonesia): Indonesian electric motorcycle manufacturer partnering with Gojek and government agencies to deploy e-motorcycles nationwide. Targets the same ride-hailing and commuter segments as Volta with comparable vehicle specifications and Indonesian distribution.
- Alva (Astra International): Indonesian electric motorcycle brand launched by Astra International, offering multiple e-motorcycle models aimed at urban commuters and ride-hailing drivers with battery-swap infrastructure. Direct competitor to Volta in the same product category, customer segment, and Indonesian market.
Peers
Broad incumbents
- Astra Honda Motor: Dominant Indonesian motorcycle manufacturer (Honda brand) controlling majority of Indonesia's motorcycle market; has launched electric motorcycle models (EM1 e:) and is building its own dealer/service infrastructure. Largest incumbent threat and benchmark for Volta on scale, distribution, and customer base.
- Yadea Group: World's largest electric two-wheeler manufacturer by volume, listed in Hong Kong, with broad product range and global distribution including Southeast Asia. Larger incumbent offering overlapping capabilities in e-scooters and e-motorcycles across multiple price tiers.
Regional players
- Hero Electric (India): One of India's largest electric two-wheeler manufacturers with extensive product range, battery-swap pilots, and large installed base. Regional peer with similar product/market fit challenges in a comparable emerging-market regulatory environment, though not directly competing in Indonesia.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Volta social profiles
Digital presenceVolta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Volta leadership team
Management profileNumber of profiles
Volta funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Volta M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Volta
What does Volta do?
Volta manufactures and sells electric motorcycles in Indonesia, offering nine models across price tiers (Rp 17.85M–Rp 26.8M) for individual commuters, ride-hailing drivers, and corporate fleets. The business is anchored by an integrated ecosystem including 300+ battery swap stations (Stasiun Ganti Baterai / SGB), a Semolis rental-to-ownership program targeting online ride-hailing drivers over 660 days, and an IoT-enabled mobile application for vehicle and battery management.
Is Volta a public or private company?
Volta is a private company. It is classified as corporate owned and is currently operating.
When was Volta founded?
Volta was founded in 2021. It employs 101 to 250 people.
Where is Volta based?
Volta is headquartered in Jakarta, Indonesia, in the Asia region.
How does Volta make money?
Four revenue lines are on record. Electric Motorcycle Sales are the primary driver. The others are battery Charging Services (SCB), battery Swapping Services and semolis Ownership Rental (Sewa Milik).
Who are Volta's main competitors?
Direct peers on record are NIU Technologies, ECGO (Electrum), Viar Motor Indonesia, Selis (PT Sinar Elok International), Gesits (PT Gesits Technologies Indonesia) and Alva (Astra International). Gogoro is listed as a peer. Broad incumbents are Astra Honda Motor and Yadea Group. Hero Electric (India) is listed as a regional player.
Does Volta have an API?
No public API is recorded for Volta.
What industry is Volta in?
Volta's product category is Electric Motorcycles. Its primary akta.pro industry code is IMACAEAB, Electric Motorcycles & Electric Scooters Manufacturing, with a secondary code of CRACASAG, E-Mopeds & Light Electric Motorbikes (Consumer). Its NAICS code is 336991 and its SIC code is 3751.