Green SM Indonesia has signed a five-year investment loan agreement worth IDR 600 billion with Bank Central Asia (BCA), marking a significant step in their long-term financial partnership. This agreement, announced on April 3, 2026, aims to support Green SM’s operational readiness and service continuity in Indonesia’s urban mobility sector.

The collaboration between Green SM and BCA began with Green SM’s market launch in Jakarta in December 2024. Since then, both parties have worked on initiatives to enhance service accessibility and promote environmentally responsible transportation solutions. The transition to a formal financing arrangement underscores the maturation of their partnership and BCA’s confidence in Green SM’s operational model and governance standards.

Denny Haryanto, SVP Corporate Banking at BCA, stated, “This agreement reflects our approach to supporting businesses with a long-term outlook. Sustainable transportation is increasingly important to Indonesia’s urban development.” Deny Tjia, Managing Director of Green SM Indonesia, added that the agreement strengthens the company’s financial foundation, supporting stable service delivery across its urban operations.

Green SM operates all-electric taxi services in major Indonesian cities, including Jakarta, Makassar, Bekasi, Surabaya, and Bali, addressing complex urban mobility needs with a focus on reducing emissions and noise. The investment loan agreement is seen as a practical step towards advancing sustainable urban mobility in Indonesia, requiring not only electric vehicle technology but also sound financial structures and responsible governance.