NEFIN Group Partners With E-Mobility Start-Up Oyika To Accelerate EV Adoption In South-East Asian Markets

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Combining Oyika’s swappable smart batteries that power e-motorbikes with NEFIN’s clean energy

SINGAPORE – Media OutReach – 5 September 2022 – NEFIN Group (“NEFIN”), Asia’s leading green independent power producer and investor, signed a Memorandum of Understanding (MOU) today with Oyika Pte Ltd (“Oyika”), an electric mobility (“e-mobility”) start-up that builds battery swap and charging infrastructure starting with electric motorbikes (“e-motorbikes”), to drive the adoption of electric vehicle (“EV”) in South-east Asia, including Singapore, Cambodia, Malaysia, Thailand, and Indonesia.

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About Oyika

Oyika is an e-mobility start-up that aims to lower the barriers to EV adoption in South-east Asia, beginning with a battery swap service bundled with an electric motorbike, made available through affordable subscription plans. Oyika has rolled out its EV subscription plans successfully in Cambodia and Indonesia, and is ready to launch in Malaysia, Thailand, and Vietnam.

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