Indonesia2

Wk 8 2025 - Talking to Marko Lehtimaki of Donut Lab; Damon's Financials are Hogwash; Indonesian Startups wake-up

Marko Lehtimaki of Donut Lab designed Verge Motorcycles' most torque and power-heavy motor. Now, he wants to be the go-to for anyone seeking performance, BoM cost reduction, and shortening development periods, all at the same time.

An Electric Dawn in Indonesia?

The E2W startup scene in Indonesia is slow, with penetration levels still at <2%. Most volumes are cornered by traders who import Chinese IP, cheap scooters. However, we saw plenty of startup action at the Indonesia International Motor Show (IIMS)