Indonesia’s largest taxi operator PT Blue Bird will turn to BYD Co for 80 percent of its electric-vehicle (EV) fleet while reviewing its Tesla Inc orders as lower-cost models win out in the country, Bloomberg reported on Tuesday.

Most of the 500 EVs to be delivered to Blue Bird this year will be filled by BYD, especially the E6 and T3 models, as the vehicles are a better fit for the Indonesian market, said president director Sigit Priawan Djokosoetono in an interview, according to Bloomberg.

Blue Bird is the largest taxi operator in Indonesia, according to earlier media reports. Bluebird Group has various types of services, such as taxis (regular and executive), car rental, bus charters and logistics. It has 14,391 regular taxis, 735 executive taxis, 5,006 limousines and rental car, 528 buses and 170 shuttles in 2022, its annual report showed.

Blue Bird has been listed at the Indonesia Stock Exchange since November 5, 2014. Blue bird is committed to using 10 percent of electric vehicles by 2030, according to its latest annual report.

“If the price is too expensive, it would be unreasonable for us to then charge it to customers, so we need to consider this,” he reportedly said. “We use a lot of imported BYD models as the price is supportive for us to operate in Indonesia.”

BYD, the world’s second-largest EV producer, is gaining ground in Southeast Asia’s largest economy. It recently signed a deal to explore potential investments in Indonesia, while also considering building EV plants in the neighbouring Philippines or Vietnam, according to Bloomberg.

Meanwhile, Tesla has had to cut prices to stoke demand in Asia, even after earlier markdowns took a toll on profitability. Blue Bird is still reviewing its orders for Tesla based on the return on investment, the report added.

Indonesia close to finalize EV deals with BYD Group & Tesla – report