#Greenway #Indonesia #Lithium Batteries #Surabaya

Greenway Indonesia Subsidiary Opening: A New Horizon in Global Expansion

On November 22, 2024, the grand opening event of PT GREENWAY ENERGY INDONESIA marked a pivotal moment in the strategic expansion of Greenway, a renowned name in micromobility lithium battery solutions. The ceremony, held in Surabaya, Indonesia, welcomed key figures from the company alongside notable representatives from the electric vehicle industry. The factory's establishment signals a new chapter, focusing on localized production of batteries for various applications, including light vehicles, home energy storage, and portable energy solutions.

Amidst a global shift towards sustainable technology, Greenway's latest venture underlines its commitment to cater to the growing demands of the Southeast Asian market. The company’s chairman, Mr. Zhang Zhiping, reflected on Greenway's growth from its inception in 2006, which began with traditional notebook batteries and progressively advanced into electric bicycles and energy storage systems. This enlightening retrospective set the stage for the vision of Greenway in Indonesia.

With the goal of significantly impacting the Indonesian and Southeast Asian markets, Chairman Zhang outlined three ambitious targets: “0,” “10,” and “100.” The “0” symbolizes the determination to launch overseas manufacturing from the ground up; “10” embodies confidence in the future regional market; and “100” expresses full commitment to the development of the Indonesian sector. This strategic perspective encapsulates Greenway's ambition to thrive and innovate within the competitive landscape of the local economy.

Another notable figure at the event, Mr. Yanto, Chairman of Polygon, applauded Greenway's advanced technology and the promising partnership between the two firms. With Indonesia positioned as China's largest trading partner in the region and an emerging hub for investment, Greenway and Polygon’s collaboration promises to leverage local strengths and market insights effectively.

The growing economic ties between China and Indonesia also received attention during the opening, referencing how recent cooperation agreements worth over $10 billion pave the way for enhanced collaboration in electric vehicles and lithium battery technology. This partnership will not only strengthen the capabilities of both companies but also propel Indonesia towards becoming a pivotal player in sustainable transportation.

In the coming months, Greenway aims to inject significant technological advancements into the Indonesia factory. The production facility secured its operational license on October 20, 2024, setting a robust foundation for its launch and future scalability. Greenway’s vision of leading the lithium battery sector globally has been the driving force behind its consistent innovation and commitment to environmentally friendly solutions since its establishment.

As Greenway embarks on this new journey, the company anticipates accelerating the adoption of lithium batteries in Indonesia’s two-wheeler market. This is part of a broader mission to meet the rallying demand for high-quality, sustainable energy solutions on a global scale. Greenway is intent on elevating its commitment to net-zero emissions through enhanced partnerships, technological innovation, and local production capabilities.

In conclusion, the opening of Greenway's Indonesian factory is not just a local achievement; it is a significant step in the broader narrative of global sustainability and technological advancement in the micromobility sector. With a dedicated focus on charging forward in energy transitions, Greenway aims to contribute meaningfully to sustainable development worldwide. As the company grows, so too does its potential to influence industry standards and consumer practices in promoting green energy solutions effectively.

About Greenway
Founded in 2006, Guangdong Greenway Technology Co., Ltd. has carved a niche in the micromobility lithium battery field. With a successful IPO in June 2021, the company stands as a leader in the sector, specializing in ODM and OEM services for the two-wheeler market, striving for innovation and sustainable practices.