After nickel and nickel mining contractors, we might see listing of more companies involved in electric vehicle (EV) ecosystem in the coming years. Coal and energy producer Indika Energy (INDY), which is now valued way below equity, is considering the opportunity for its subsidiary, PT Ilectra Motor Group (IMG), the manufacturer of the Alva electric motorbike, to list on the Indonesia Stock Exchange (IDX) through an initial public offering (IPO) of shares.To subscribe please click here
