Through mobile app integration, the company has enhanced the parking process, enabling seamless parking space booking, early check-out, digital payment, and now on-location services such as EV charging.
The company is led by Kenneth Darmansjah as chief executive officer, Andru Wijaya as chief business officer, and Unggul Depirianto as chief technology officer.
With half the Indonesian population owning personal vehicles, motorcycles are the primary choice in the country, totaling 125.3 million units (85% of all users) as of 2022. This far outnumbers that nation’s 17 million cars.
This situation has transformed the motorcycle industry into a significant contributor to the country’s overall carbon emissions, threatening the environment with daily emissions from two-wheelers reaching 300 million kilograms.
In response, the government, has launched an initiative to transition traditional motorcycles into electric ones, targeting conversion of 50,000 units in 2023 and 150,000 by 2024.
Indonesia’s EV two-wheeler penetration currently sits at 0.2% of the market, with an opportunity to exceed 10% over the next five years, provided that public and private stakeholders work together to build a conducive local EV sector.
The management team at Soul Parking are (from left) Wijaya, Darmansjah and Depirianto.
This is where Soul Parking comes in.
In a bid to help catalyse mass-market EV adoption in Indonesia, Soul Parking has also begun transforming into a nationwide hub for EV charging, offering essential infrastructure along with battery charging and storage facilities for electric motorcycles.
The launch of Soul Parking’s "Hardware-as-a-Service" model exemplifies its commitment to providing accessible and cost-effective parking solutions.
Backed by AC Ventures, it offers hardware, software, and mobile tech to help
landowners optimise profits from parking lots while solving common pain points for riders and drivers in urban areas.
As part of its services, it also rents out its space-saving, mechanised, vertical storage for motorcycles.
By offering the rental of its parking equipment and systems, the company has minimised upfront payment for landowners, creating a more flexible and appealing option in the market.
Soul Parking's focus on the B2B market catered to landowners and
parking service providers across sectors such as healthcare and hospitals, government agencies, modern retail, and various other types of properties.
In a statement today, Soul Parking said it has achieved a 100x growth in its topline revenue over the past three years.
