Bakrie-backed EV firm VKTR raises $16m loan facility from Indonesian lender BCA

Bakrie-backed EV firm VKTR raises $16m loan facility from Indonesian lender BCA

PT VKTR Teknologi Mobilitas Tbk, an Indonesia-listed electric vehicle firm backed by conglomerate Bakrie Group, has secured a 250-billion-rupiah ($16 million) financing from Indonesian lender PT Bank Central Asia Tbk (BCA).

Edited by: Joymitra Rai