- CEO
- Stephen Mulyadi
- Full Time Employees
- 354
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Tangerang Selatan Indonesia
- IPO Date
- Feb 7, 2024
- Business
- PT Terang Dunia Internusa Tbk is an Indonesia-based manufacturer and distributor of two-wheeled mobility vehicles, specializing in non-motorized bicycles, electric bicycles, and electric motorcycles. Founded in 1975 and headquartered in Tangerang Selatan, Banten, Indonesia, the company operates manufacturing, assembly, and warehouse facilities across Tangerang and Bogor. PT Terang Dunia Internusa Tbk conducts its operations primarily through three business segments: Bicycles, Electric Vehicles, and Spare Parts and Accessories.
The company offers a comprehensive portfolio of mobility solutions marketed under its flagship proprietary brands, United Bike and United E-Motor, and serves as the manufacturing partner for brands including Genio and Avand. Its primary product offerings encompass mountain bikes designed for trail, cross-country, and sport disciplines; road, gravel, and hybrid bicycles; folding, city, and commuter bicycles; BMX, dirt jump, and youth bicycles; electric pedal-assist bicycles; urban electric scooters and mopeds; performance and dual-purpose electric motorcycles; light commercial electric cargo vehicles; and an extensive range of bicycle components, frames, replacement spare parts, and cycling accessories. The company serves individual consumers, commercial delivery operators, and institutional clients through an extensive distribution network of over 600 authorized dealers, dedicated retail stores, and official service centers across Indonesia, while maintaining export channels to international markets across Southeast Asia, Europe, and the Americas.
In recent developments, PT Terang Dunia Internusa Tbk completed its initial public offering on the Indonesia Stock Exchange in February 2024 under the ticker UNTD, raising capital to expand working capital, enhance production capabilities, and scale its electric mobility division. The company has aggressively accelerated its product development pipeline, launching multiple new electric two-wheelers including the RX6000 dual-purpose electric motorcycle, the C2000 and CS2000 neo-classic electric scooters, the MT1500, and the Avand series, which complement established models such as the TX3000, TX1800, T1800, and MX-1200. Geographically and operationally, PT Terang Dunia Internusa Tbk has expanded its regional presence through a strategic distribution and joint assembly partnership with Artroniq Bhd in Malaysia, while continuing to open new dedicated United E-Motor showrooms and expanding after-sales service infrastructure across major metropolitan hubs in Indonesia.