KONTAN.CO.ID - JAKARTA. PT Mandiri Utama Finance (MUF) recorded a double-digit increase in electric and hybrid vehicle financing in 2025. Acting President Director of MUF, Dapot Parasian Sinaga, stated that MUF recorded electric and hybrid vehicle financing reaching IDR 2.49 trillion throughout 2025.

"The value grew 99% compared to the same period last year," he said when met in South Jakarta on Thursday (March 5).

Dapot explained that this financing accounted for 10% of the company's total financing disbursement in 2025. He said this growth is in line with the trend of increasing public interest in electric vehicles.

Dapot estimates that electric vehicle financing still has the potential for double-digit growth this year.

"It's still increasing. The increase has been double-digit for the past two to three years," he said.

To boost overall vehicle financing performance, MUF will implement several strategies this year. He explained that the company will consistently strengthen synergies with dealers and strategic partners, including optimizing collaboration within the Mandiri Group ecosystem. This is being done to expand market access and improve the quality of service to consumers.

Furthermore, MUF will also offer increasingly competitive and tailored financing products, while continuing to optimize its digital services.

In 2026, MUF will remain focused on financing all vehicle segments, including cars and motorcycles, new and used, cash financing, and electric vehicles, which are increasingly popular.

Regarding performance, MUF's vehicle financing disbursement reached IDR 24.2 trillion in 2025, representing 11.6% year-on-year (YoY) growth.