KONTAN.CO.ID - JAKARTA. PT Adira Dinamika Multi Finance Tbk (Adira Finance) recorded growth in electric vehicle financing throughout 2024.

Adira Finance Business & Portfolio Director Harry Latif said that until December 2024, Adira Finance's electric vehicle financing was recorded at IDR 380 billion.

"That value has increased by about 2 times, compared to the same period the previous year," he told Kontan, Monday (13/1).

Also Read: Adira Finance: Electric Vehicle Incentives Will Have a Positive Impact on Multifinance

Furthermore, Harry said that the increase in Adira Finance's electric vehicle financing was in line with the availability of various brands of electric vehicles on the market. Plus there are incentives from the government for the purchase of electric vehicles.

Harry explained that the proportion of electric vehicle financing was still relatively small, compared to the company's total financing in the same period.

Adira Finance recorded a total distribution of new financing reaching IDR 36.6 trillion in 2024.

For 2025, Adira Finance targets an increase in new financing for electric vehicles to reach 30% of the achievement in 2024.

Based on industry performance, the Financial Services Authority (OJK) noted that the distribution of electric vehicle financing by multifinance companies as of November 2024 reached IDR 16.69 trillion.