Indonesia-based B2B trucking company Kargo Technologies has entered the electric vehicle (EV) segment, providing electric trucks for commercial use as part of its push to advance greener logistics practices, the company announced on Tuesday.
Under its road map, Kargo plans to deploy more than 500 electric trucks in 2025, scaling to 2,500 units next year—an effort it claims will position the company as the operator of Southeast Asia’s largest commercial EV fleet.
The rollout also aligns with Indonesia’s broader decarbonisation push.
Kargo founder and CEO Tiger Fang said the shift to EVs will fundamentally change how logistics infrastructure is managed and optimised. “Electric vehicles allow us to see logistics not merely as transportation but as an integrated system that can be analysed, measured, and continuously improved,” Fang said at the launch event in Jakarta.
Kargo represents a fundamental shift in the region’s logistics model, combining marketplace dynamics with strategic EV asset ownership to build Southeast Asia’s first integrated logistics and clean transportation platform. The company argues that owning core assets and controlling infrastructure can unlock two to three times higher profitability compared with asset-light marketplace operators.
Some of the firm’s largest enterprise clients—including SPX, Astro, Teleport, and Modena—have already begun integrating electric trucks into select transport routes. Kargo said these pilots are designed to measure operational impact, energy consumption, cost benefits, and infrastructure readiness ahead of broader adoption.
Alongside the fleet programme, Kargo unveiled a new visual identity featuring a lightning bolt positioned between converging arrows—symbolising the shift towards electrification and regional logistics interoperability.
To secure vehicle supply, Kargo has signed agreements with EV manufacturers, including Foton, JAC, Wuling, and PT VKTR Teknologi Mobilitas Tbk, all of which have established commercial vehicle production in Indonesia. The firm expects localisation to support job creation and reinforce the country’s position as a key node in the regional EV supply chain.
Financing support for the transition will be provided by institutions such as HSBC, Indomobil Finance, and Chailease. Meanwhile, Kargo will offer flexible procurement structures—including rentals, structured financing, and phased transitions—to ease the shift for transporters reliant on diesel fleets. Participants in the programme will also gain access to exclusive routes requiring EV deployment.
Established in 2018, Kargo began as a digital freight marketplace and now positions itself as a full-stack logistics platform integrating hardware, software, and electrified fleet assets. Its Kargo Nexus transport management system connects with EV telematics to enable real-time visibility across shipments—from loading to final distribution, which addresses the efficiency challenges faced by logistics organisations of all sizes. It said has served over 40,000 clients on its platform.
In the long term, the company aims to develop interoperable, AI-enabled logistics corridors linking manufacturers, brands, and transport operators across emerging markets—laying the groundwork for the company’s proposed Electrified Silk Road—connecting Indonesia with Southeast Asia, China, and the Gulf. It aims to transition all 40,000 vehicles operating on its network to electric models by 2035.
