Oyika, Singapore-based Battery Technology Solutions Leader, Unveils Clean Energy Innovation, Aiming to Expand Battery Swapping Cabinet Business for Electric Motorcycle Market in Thailand
Oyika (Thailand) Co., Ltd., a company focused on cutting-edge technology solutions, particularly in developing batteries for electric motorcycles, has officially kicked off its operations in Thailand. Originating from Singapore back in 2018, Oyika has quickly risen to prominence across the region as a frontrunner, advocating for a more eco-friendly world powered by electric vehicles.
Mr. Lionel Lee, CEO of Oyika (Thailand) Co., Ltd., highlighted the company’s commitment to promoting clean energy and sustainability across Southeast Asia. Already in countries like Cambodia, Indonesia, and Malaysia, Oyika aims to revolutionize the battery swap and Direct Fast Charge technology in the electric motorcycle industry, contributing to the global effort to combat environmental challenges outlined by the United Nations Sustainable Development Goals (SDGs).
At the launch event, three seminars addressed pivotal issues concerning the transition to electric two-wheelers and battery swapping systems. Notable discussions included insights on the electric motorcycle industry’s evolution, led by executives from prominent manufacturers in the field. Additionally, Oyika’s own senior executives shed light on the future of battery swapping and direct charging systems, underscoring the company’s technological prowess.
To support its expansion in Thailand and Southeast Asia, Oyika has forged a strategic partnership with Banpu Next Company Limited, a leading provider of clean energy solutions in the Asia-Pacific region. This collaboration aims to bolster the production of batteries for the electric vehicle market and promote the adoption of clean energy, aligning with sustainability goals and fostering a carbon-free society.
In a significant move towards industry leadership, Oyika introduced their swappable and direct fast charge 60v and 72v batteries through its OPUS (Oyika Power Up Station) project. This initiative, aimed at establishing over 300 battery swapping stations and direct fast charge throughout Thailand, has already commenced with 70 installations in Bangkok and Phuket.
The project’s expansion will cater to delivery services and general customers, offering both battery swapping and electric charging systems for maximum convenience. Oyika’s innovative approach extends to its Platform as a Service concept, presenting consumers with a comprehensive ecosystem for electric motorcycle usage. The OPUS battery swapping stations, touted as a time-saving alternative, allow users to switch batteries within minutes via a simple smartphone-operated process.
Furthermore, Oyika offers rental battery swap services (Battery-as-a-Service: BaaS) and electric charging systems, accommodating electric motorcycles from various brands, including TAILG, OKLA, Yadea, and NIU. With three models currently available for rent—Warrior, Es-1, and MX Plus—Oyika caters to diverse consumer preferences and needs.
In February, Oyika showcased its latest electric motorcycle models at the Electric Vehicle Expo held at the Queen Sirikit National Convention Center. Among the highlights was the MX Plus model, distinguished by its striking design and agile performance, exemplifying Oyika’s commitment to redefining the electric motorcycle landscape.
As Oyika (Thailand) Co., Ltd. embarks on its journey in the Thai market, its innovative solutions promise to shape the future of sustainable transportation, driving towards a cleaner and greener tomorrow.
