Kuala Lumpur: Ramsol Group Bhd, a solutions and licensing technology provider through its subsidiary RAMS Autotech, unveiled Rider Gate, a transformational digital platform set to redefine the used motorcycle market in Malaysia.
The launch event, held at Lanai@MATIC, was presided over by Transport Minister Anthony Loke Siew Fook alongside key industry players and motorcycle enthusiasts.
Rider Gate addresses the urgent need for a secure, reliable and comprehensive digital platform to facilitate the buying and selling of pre-owned motorcycles. By bridging the gap between buyers and sellers, the application ensures a seamless and secure transaction process while providing Malaysians with easy access to a variety of motorcycles. It enhances the market by providing services like ownership transfer, inspection, insurance, extended warranty, smart financing and reducing fraudulent activities.
Receiving support and endorsement from the Malaysia Motorcycle and Scooter Dealers Association, Rider Gate enters the market with over 150 registered dealers and expands its network to over 800 dealers and 3,000 outlets nationwide within the first year of its launch. Aims to increase. The ambitious expansion will make RiderGate the largest online platform for used motorcycles in Malaysia.
“Rider Gate plays an important role as a digital platform for the used motorcycle market in Malaysia, solving key challenges such as unclear ownership records, mechanical risks and transaction security,” Loke said. This innovation not only meets the needs of our motorcycling communities but also increases market confidence and efficiency, which is an important step in the adoption of digital transformation within the transportation sector. I encourage all stakeholders to explore and use Rider Gate, experience its benefits first-hand while supporting innovative initiatives that boost our country’s transportation landscape.
A significant highlight of Rider Gate is the entry into an MoU with eAuto Sdn Bhd to simplify and enhance ownership transfer services, ensuring compliance and a hassle-free process.
Ramsol Group Bhd Group Managing Director and CEO Datuk Seri Clement Tan Chee Seng said: “At Ramsol, we are dedicated to improving lives through innovation. Rider Gate is designed to revolutionize the process of buying and selling used motorcycles by making it easier, faster and safer. The application provides access to high-quality motorcycles, transparent services and free inspections, ensuring a seamless and safe experience for all users. The global used bike market was valued at US$38.7 billion (RM174 billion) in 2021 and is projected to reach US$66.2 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. With the increasing demand for gig economy services especially in food and parcel delivery, pre-owned motorcycles have become the preferred choice for riders associated with online platform services due to their affordability and low insurance. Premium. Ryder Gate is well positioned to meet these market dynamics. Our collaboration with eAuto Sdn Bhd further enhances the functionality of Rider Gate, facilitating seamless ownership transfer and offering a comprehensive solution to meet market needs.
Future plans for Rider Gate include the sale of accessories, auto parts and EV motorcycles, as well as technical training courses for mechanics and advanced riding skills training for users.
