Signing a Contract Between Luyuan and Davigo in Marketing Electric Motorcycles

“For a long time, Zhejiang Luyuan Vehicle has dreamed of marketing electric motorbike products to people in Indonesia. That way, Indonesian people in the future will have many choices of electric motorcycle types to carry out various daily activities. And we are very confident that Luyuan products are in great demand by the Indonesian people. For that reason, we are very excited to collaborate with companies in Indonesia in marketing and selling Luyuan products here. And, the partner we have chosen is Davigo,” said Daniel Yu, International Marketing Director of Luyuan to IPO News on the sidelines of press conference on the signing of a contract between Luyuan and PT. Davigo Artha Luas.

Signing the contract between Layuan and Davigo occurred in the exhibition area : “ASEAN’s Largest International Trade Fair for Automotive, Electric Vehicle, Logistic and Mining Solution” in Jakarta recently.

Daniel Yu’s statement was confirmed by the CEO of Davigo, Aryo Tejo Handoko. “We chose Luyuan because Luyuan has the number one technology in China. In addition, Luyuan is one of the top three electric motorcycle manufacturers in China,” said Aryo.

Then, IPO News asked Aryo concerning Layuan products in relation with their use in oil palm industry in Indonesia.

Aryo enthusiastically answered that so far there have been two types of Luyuan electric motorcycles which will be marketed in the near future, of course, after meeting several type test requirements.

Both types are MTB-R and MKK2. From these two types, the MTB-R type seems suitable for us to market in the palm oil industry community. This type is indeed prepared for special terrain aka unusual terrain. The palm oil industry is included in this field.

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