Innovative EV Solutions Oyika offers a comprehensive battery swapping platform with Battery-as-a-Service (BaaS) compatible with most e-w Bike brands, presenting a scalable opportunity for partners seeking to integrate electric mobility solutions and expand their product portfolios.
Strong Industry Partnerships Recent collaborations with NEFIN Group and strategic hires, such as the appointment of a vice president of investments, demonstrate Oyika's active efforts to strengthen its market presence and attract investment, making it a promising partner for investors and infrastructure developers.
Expanding Market Reach With initiatives across Southeast Asia including Singapore, Cambodia, Malaysia, Thailand, and Indonesia, Oyika is positioned to tap into rapidly growing EV markets, offering localized solutions that can be tailored to regional needs and accelerate adoption.
Funding and Growth Having secured US$10 million in funding and operating with revenues in the range of 1-10 million dollars, Oyika is transitioning from early-stage innovation to a more established offering, which may present upselling and partnership opportunities for tech providers and investors.
Technological Integration Utilizing a diverse tech stack including PHP, MySQL, and Nginx, Oyika emphasizes scalable infrastructure to support its battery swap networks, providing opportunities for technology providers to offer complementary solutions or upgrades to enhance operational efficiency.