[🇧🇩] Automobile Industry of Bangladesh including parts

[Saif]

Chinese EV maker urged to invest in Bangladesh

Bangladesh interim government’s foreign affairs adviser Md Touhid Hossain during a bilateral visit to China on Thursday urged an electric vehicle manufacturer to consider establishing a plant in Bangladesh.

www.newagebd.net

Chinese EV maker urged to invest in Bangladesh
Staff Correspondent 23 January, 2025, 21:12

Bangladesh interim government foreign affairs adviser Md Touhid Hossain delivers a keynote address at a seminar in the Shanghai Institutes for International Studies. | BSS photo

Touhid stresses China’s role in resolving Rohingya crisis

Bangladesh interim government’s foreign affairs adviser Md Touhid Hossain during a bilateral visit to China on Thursday urged an electric vehicle manufacturer to consider establishing a plant in Bangladesh.

He made the request while visiting a high-tech electric vehicle manufacturing plant on the outskirts of Shanghai where he was given a tour of the plant’s production line manufacturing around 500 EV units a day, said a foreign ministry press release issued from Shanghai.

The adviser urged the Chinese company to consider establishing such a plant in Bangladesh, it added.

Earlier on the day, he delivered a keynote address on ‘Our shared vision for peace, stability and prosperity’ at a seminar in the Shanghai Institutes for International Studies.

Referring to the Rohingya crisis, Touhid Hossain in the keynote address stressed creating a congenial atmosphere in the Rakhine state for return of the Rohingyas.

‘Both Bangladesh and China have vital interests in resolution of the conflict, and we must cooperate wholeheartedly in bringing about the resolution,’ the foreign affairs adviser said.

In order to realise the shared vision, he underscored the need for working towards strengthening multilateral institutions, expanding investments, deepening people-to-people exchange and championing global trade system, according to the release.

The event commenced with a welcome address by Chen Dongxiao, president of Shanghai Institutes for International Studies, highlighting the historic and evolving partnership between Bangladesh and China.

He expressed optimism about the event’s contribution to enhancing academic and research collaborations between the two countries and their role in furthering global peace and stability.

In his keynote address, Touhid outlined a forward-looking vision for global peace, emphasising the significant role of economic cooperation as a cornerstone for sustainable development and stability.

Highlighting the deep historical ties between Bangladesh and China that dated back to ancient times, he said that that relationship evolved into a dynamic partnership through different mechanisms, including the Belt and Road Initiatives.

The Bangladesh foreign adviser also underscored the transformative role of China’s development assistance and investments in Bangladesh’s various sectors significantly contributing to the country’s socio-economic development.

He also drew attention to the importance of narrowing trade gaps and fostering regional connectivity to promote equitable growth.

Reflecting on global challenges, the adviser noted that peace and security were collective responsibilities that demand inclusive economic frameworks and greater emphasis on empowering underrepresented groups, particularly the youth and women.

The seminar brought together scholars, diplomats, government officials, young researchers, media representatives, senior leadership and experts of the institute and officials from the Shanghai Foreign Affairs Office.

Touhid Hossain also exchanged views with a delegation from the Shanghai Federation of Industry and Commerce on Wednesday evening.

During the discussion, they focused on relocation of Chinese manufacturing plants to Bangladesh, particularly to the Chinese SEZ in Chattogram, establishing air connectivity between Chattogram and Shanghai, and exchange and collaboration between the two chambers.

The foreign affairs adviser is scheduled to return home today concluding his five-day official visit at the invitation of his Chinese counterpart.​

 

[Saif]

Deepal S07, L07 to debut in Bangladesh soon as EV market expands

DHS Autos Limited, the official distributor of Changan Automobiles in Bangladesh, is set to introduce the Deepal S07 and L07 models into the local market. This move signifies Changan's commitment to expanding its electric vehicle (EV) lineup in Bangladesh. On Saturday, these attractive car models

thefinancialexpress.com.bd

Deepal S07, L07 to debut in Bangladesh soon as EV market expands
UNB
Published :
Mar 01, 2025 20:01
Updated :
Mar 01, 2025 20:01

DHS Autos Limited, the official distributor of Changan Automobiles in Bangladesh, is set to introduce the Deepal S07 and L07 models into the local market.

This move signifies Changan's commitment to expanding its electric vehicle (EV) lineup in Bangladesh.

On Saturday, these attractive car models were unveiled at a lavish event in Purbachal in the capital.

DHS Autos CEO Imran Zaman Khan, General Manager Arman Rashid, Head of Sales Farhan Samad, Bangladesh's first female FIA-certified racing driver Kashfia Arfa etc along with members of the Dhaka automotive community, were present at the event.

The Deepal S07, a mid-size SUV, is produced by Changan's electric vehicle subsidiary, Deepal. Designed in Turin, Italy, by a multinational team of designers previously involved with leading European and Japanese brands, the S07 boasts a sleek exterior and a lavish interior inspired by luxury yachts. It features a smart infotainment system, smart cabin controls, integral seating, and ample space for a comfortable and luxurious ride.

DHS CEO Imran Zaman Khan said, the Deepal L07, a mid-sized sedan from the same team of designers, boasts an award-winning, eye-catching exterior alongside a similarly luxurious interior. It also comes with a more powerful motor, which would appeal to performance enthusiasts.

DHS Head of Sales Farhan Samad stated that to ensure consumer peace-of-mind, DHS Autos is providing extensive after-sales service, including roadside assistance, and a comprehensive industry-leading warranty package with up to 8 years' coverage on EV battery and motor.

DHS GM Arman Rashid said, "We are proud to be one of the frontrunners in the EV market of Bangladesh". More exciting models from Deepal are expected to land in Bangladesh in the near future. DHS are also at the forefront of the development of the charging infrastructure in Bangladesh, paving the way for an electrified future.

With the upcoming launch of the Deepal S07 and L07, Bangladeshi consumers will have access to advanced electric vehicles that combine innovative technology with modern design, catering to the growing demand for sustainable transportation solutions in the country, which is in-line with the government's plans for environmentally friendly transportation.

The Deepal S07 and L07 available for viewing and purchase from today at the DHS Autos showroom at 246 Bir Uttam Mir Shawkat Sarak, Dhaka-1208.​

 

[Saif]

ACI Motors unveils two new models of Sonalika tractors

In a continued stride towards mechanising Bangladesh’s agriculture sector with modern solutions, ACI Motors officially launched two new models of Sonalika tractors — the Sonalika 35RX and Sonalika All Rounder SS-55 (12F+3R) — on the occasion of Pohela Boishakh. The nationwide lau

thefinancialexpress.com.bd

ACI Motors unveils two new models of Sonalika tractors
FE Online Desk
Published :
Apr 15, 2025 19:26
Updated :
Apr 15, 2025 19:26

In a continued stride towards mechanising Bangladesh’s agriculture sector with modern solutions, ACI Motors officially launched two new models of Sonalika tractors — the Sonalika 35RX and Sonalika All Rounder SS-55 (12F+3R) — on the occasion of Pohela Boishakh.

The nationwide launch took place across 15 locations, with the main event held in Manikganj, according to a media release.

The newly introduced Sonalika 35RX features power steering for improved ease and control, making it suitable for both farming and agricultural transport.

The Sonalika All Rounder SS-55, on the other hand, comes with a high-low-medium gear system and a turbocharged engine, ensuring better performance on uneven terrain and while carrying heavy loads.

The event saw participation from customers, farmers, dealers, and well-wishers of ACI Motors.

Attendees had the opportunity to experience live demonstrations of the new models, providing hands-on insights into their capabilities.

The launch event was also accompanied by various Pohela Boishakh celebrations, making it an engaging experience for all.

Alongside the new tractors, ACI Motors also showcased a range of modern agricultural machinery, including harvesters, transplanters, power tillers, diesel engines, irrigation pumps, as well as Foton commercial vehicles, tires, and Yamaha motorcycles.

Deputy Managing Director of ACI Motors, Mr. Subrata Ranjan Das, along with senior officials from various government and private organisations, attended the event.

ACI Motors reaffirmed its commitment to introducing innovative agricultural solutions while ensuring strong after-sales support to maintain customer trust.

By aligning this launch with the spirit of Pohela Boishakh, ACI Motors once again highlighted its dedication not just to providing machinery but to driving long-term progress in Bangladesh’s agriculture sector.​

 

[Saif]

দেশেই তৈরি হচ্ছে মিতসুবিশি আর প্রোটন গাড়ি (Rancon, a Bangladeshi automobile company, is producing Mitsubishi and Proton cars in their factory)

 

[Bilal9]

Deepal S07, L07 to debut in Bangladesh soon as EV market expands

DHS Autos Limited, the official distributor of Changan Automobiles in Bangladesh, is set to introduce the Deepal S07 and L07 models into the local market. This move signifies Changan's commitment to expanding its electric vehicle (EV) lineup in Bangladesh. On Saturday, these attractive car models

thefinancialexpress.com.bd

Deepal S07, L07 to debut in Bangladesh soon as EV market expands
UNB
Published :
Mar 01, 2025 20:01
Updated :
Mar 01, 2025 20:01

View attachment 15033
DHS Autos Limited, the official distributor of Changan Automobiles in Bangladesh, is set to introduce the Deepal S07 and L07 models into the local market.

This move signifies Changan's commitment to expanding its electric vehicle (EV) lineup in Bangladesh.

On Saturday, these attractive car models were unveiled at a lavish event in Purbachal in the capital.

DHS Autos CEO Imran Zaman Khan, General Manager Arman Rashid, Head of Sales Farhan Samad, Bangladesh's first female FIA-certified racing driver Kashfia Arfa etc along with members of the Dhaka automotive community, were present at the event.

The Deepal S07, a mid-size SUV, is produced by Changan's electric vehicle subsidiary, Deepal. Designed in Turin, Italy, by a multinational team of designers previously involved with leading European and Japanese brands, the S07 boasts a sleek exterior and a lavish interior inspired by luxury yachts. It features a smart infotainment system, smart cabin controls, integral seating, and ample space for a comfortable and luxurious ride.

DHS CEO Imran Zaman Khan said, the Deepal L07, a mid-sized sedan from the same team of designers, boasts an award-winning, eye-catching exterior alongside a similarly luxurious interior. It also comes with a more powerful motor, which would appeal to performance enthusiasts.

DHS Head of Sales Farhan Samad stated that to ensure consumer peace-of-mind, DHS Autos is providing extensive after-sales service, including roadside assistance, and a comprehensive industry-leading warranty package with up to 8 years' coverage on EV battery and motor.

DHS GM Arman Rashid said, "We are proud to be one of the frontrunners in the EV market of Bangladesh". More exciting models from Deepal are expected to land in Bangladesh in the near future. DHS are also at the forefront of the development of the charging infrastructure in Bangladesh, paving the way for an electrified future.

With the upcoming launch of the Deepal S07 and L07, Bangladeshi consumers will have access to advanced electric vehicles that combine innovative technology with modern design, catering to the growing demand for sustainable transportation solutions in the country, which is in-line with the government's plans for environmentally friendly transportation.

The Deepal S07 and L07 available for viewing and purchase from today at the DHS Autos showroom at 246 Bir Uttam Mir Shawkat Sarak, Dhaka-1208.​

ACI should start a JV with one of the Chinese tractor mfrs. with more modern product instead of continuing with Indian Sonalika brand which has mostly older technology back-dated legacy products attuned to Indian market.

Some of the Chinese mfrs. may even be amenable to local parts mfg. and ToT while that is unthinkable with Indian companies.

Trade war may precipitate a banning of Indian imports, and yes, tractors as well.

 

[Saif]

BYD launches Bangladesh’s first plug-in hybrid EV with exclusive customer delivery ceremony

CG Runner BD Limited, the official distributor of BYD vehicles in Bangladesh, hosted a landmark customer delivery ceremony on Friday to unveil the BYD Sealion 6 — the country’s first DM-i Super Plug-in Hybrid Electric Vehicle (PHEV). The exclusive event took place at the BYD Flagship Sh

thefinancialexpress.com.bd

BYD launches Bangladesh’s first plug-in hybrid EV with exclusive customer delivery ceremony

FE ONLINE DESK
Published :
May 30, 2025 19:07
Updated :
May 30, 2025 19:07

CG Runner BD Limited, the official distributor of BYD vehicles in Bangladesh, hosted a landmark customer delivery ceremony on Friday to unveil the BYD Sealion 6 — the country’s first DM-i Super Plug-in Hybrid Electric Vehicle (PHEV). The exclusive event took place at the BYD Flagship Showroom on Shaheed Tajuddin Ahmed Avenue in Tejgaon, Dhaka.

The ceremony marks a major milestone in Bangladesh’s transition towards smarter, more sustainable mobility solutions. As part of its broader mission to promote environmentally responsible transportation, BYD Bangladesh continues to pave the way for greener alternatives in the automotive sector.

The BYD Sealion 6 represents a new era of hybrid technology, combining the convenience of electric driving with the extended range of a traditional fuel engine. Noted for its impressive fuel efficiency and cutting-edge features, the model is poised to set new standards in the country’s hybrid vehicle market.

Speaking at the event, Mr Fahmid Ferdous, Head of Sales at CG Runner BD Ltd, said, “The BYD Sealion 6 brings together efficiency, cutting-edge technology, and bold design — making it an ideal choice for drivers ready to embrace smarter, future-ready mobility. This successful delivery milestone highlights our dedication to bringing world-class automotive innovation to the Bangladeshi market in a way that’s both practical and aspirational.”

The event was attended by customers, media representatives, industry stakeholders, and automotive enthusiasts, all gathered to witness the introduction of this innovative new vehicle to Bangladesh’s evolving car market.

The delivery ceremony not only celebrated the launch of a new vehicle but also reinforced BYD Bangladesh’s commitment to shaping a cleaner, smarter future through technological advancement and sustainable transportation.​

 

[Saif]

Electric vehicle makers get VAT, duty waivers

In a bid to accelerate the shift to cleaner transport and promote domestic manufacturing, the interim government plans to roll out a series of tax benefits focusing on electric vehicles, including electric bicycles (e-bikes), and lithium and graphene batteries.

www.thedailystar.net

Electric vehicle makers get VAT, duty waivers

In a bid to accelerate the shift to cleaner transport and promote domestic manufacturing, the interim government plans to roll out a series of tax benefits focusing on electric vehicles, including electric bicycles (e-bikes), and lithium and graphene batteries.

The move signals a strategic push to reduce excessive reliance on fossil fuels, cut import dependency, and promote sustainable urban mobility through the growth of the domestic e-vehicle industry.

Google News LinkFor all latest news, follow The Daily Star's Google News channel.
Finance Adviser Salehuddin Ahmed announced the measures while presenting the national budget for FY26 on June 2.

These include a five-year value-added tax (VAT) exemption, alongside customs and other duty reductions of up to 60 percent, for key components, according to a separate notification issued by the National Board of Revenue (NBR).

For example, all VAT on e-bikes has been cut to 5 percent until June 2030.

For manufacturers of lithium and graphene batteries, the entire VAT at the manufacturing stage has been waived until June 30, 2027.

Afterwards, from July 1, 2028 to June 30, 2030, all VAT will be limited to 5 percent.

Moreover, all import taxes on key raw materials have been limited to 1 percent, subject to conditions.

Currently, customs duties range from 26 percent to 42 percent for lithium batteries and 26 percent to 60 percent for e-bikes, depending on the components, according to the NBR.

"The government has significantly reduced duties, but it is not for encouraging any form of assembling. Our focus is on true manufacturing and that's a critical distinction," said Mokitul Hasan, second secretary (Customs Policy) at the NBR.

"To make these projects viable, we've separated the lithium battery policy from the e-bike policy. A company can use some batteries for its own bikes and sell the rest in the market. This flexibility ensures financial sustainability," he said.

"Producing lithium batteries requires massive investment. We've made it clear that the cell, which makes up a significant portion of the battery's value, must be manufactured locally," said Hasan.

"Importing cells and assembling the rest isn't true manufacturing. We want full-scale production from raw materials," he said.

Furthermore, although an environmental surcharge is applicable if an individual owns multiple vehicles, a provision has been kept exempting electric vehicles from this surcharge to promote the use of environmentally friendly vehicles.

An official of the NBR pointed out that though some companies utilised duty structures under statutory regulatory orders to set up assembly units, it did not necessarily build up an industry.

"The NBR has consciously avoided the issue," he said.

"Our goal is to attract real investors with capital and technology, not mere assemblers. Even partial local production of lithium batteries would be a major step forward for Bangladesh," he said.

He also said major foreign companies were already considering shifting their battery manufacturing operations to Bangladesh. "This is a strategic opportunity."

However, the NBR has set various conditions to access the tax benefits.

Companies must employ at least 250 Bangladeshi workers, obtain International Organization for Standardization (ISO) certifications, and meet environmental and safety standards.​

Besides, they must submit a detailed declaration for NBR vetting, register with Bangladesh Economic Zones Authority or similar agencies, get approval from Bangladesh Road Transport Authority, and set up dedicated manufacturing units with advanced machinery like CNC machines and molding systems.

Welcoming the move, Hafizur Rahman Khan, chairman of Runner Automobiles, said the new notifications have addressed several "unnecessary" conditions for accessing the benefits.

"Any automobile industry is always vendor-dependent. Industries don't manufacture everything themselves; they source components and assemble the vehicles," he said.

The notification that has been issued is beneficial only for industries that are established with the required machinery. However, many of the machines listed are unnecessary for the automobile industry, he said.

It seems like the focus is now more on electric vehicles and lithium battery production, but this approach needs to be more carefully considered, he said.

The policy should focus on facilitating industry growth, not creating hurdles. It needs to be more thought out, with feedback from the industries that will be directly impacted, he added.

"We will soon raise our concerns with the government," he said.

 

[Saif]

Why is EV infrastructure investment crucial to Bangladesh’s green future?

To accelerate the goal towards zero net carbon emissions, we must realise the full potential of the EV (Electric Vehicle) industry, which can promise far-reaching benefits from decreasing dependency on fossil fuels, reducing greenhouse gas emissions, and enhancing public health.

www.thedailystar.net

Why is EV infrastructure investment crucial to Bangladesh’s green future?

Photo: Michael Fousert/Unsplash

Bangladesh has slowly been steering towards a sustainable and energy-efficient future. Chief Adviser Professor Muhammad Yunus has already called world leaders to build a 'World of Three Zeros', meaning zero poverty, zero unemployment, and zero net carbon emissions. He also added that people's lifestyles should be based on zero-carbon; thus, there is no fossil fuel but only renewable energy. To accelerate the goal towards zero net carbon emissions, we must realise the full potential of the EV (Electric Vehicle) industry, which can promise far-reaching benefits from decreasing dependency on fossil fuels, reducing greenhouse gas emissions, and enhancing public health.

However, without an adequate, affordable, accessible, and reliable charging ecosystem, EV adoption will stay confined to niche markets. According to the Bangladesh Energy Regulatory Commission (BERC), only 14 EV charging stations are across Bangladesh. Such a low number of charging stations is grossly inadequate to charge the influx of EVs in the coming years. In urban cities like Dhaka and Chattogram, where air pollution and traffic congestion are significant issues, an immediate rollout of charging stations can serve both public health and environmental goals.

In fact, the problem is not just having an inadequate number of charging stations nationwide, but also their strategic placement and interoperability. Charging points must be located at high-traffic urban centres, commercial districts, highways, residential areas, hotels, and tourist destinations. Thus, multiple companies are collaborating to establish EV charging stations in precisely important locations nationwide. Companies like BYD, Ekhon Charge, and Crack Platoon are actively setting up EV charging stations nationwide, targeting premium locations such as hotels, tourist spots, highways, and commercial areas to support EV users. Even though these efforts are commendable, they still need to be scaled rapidly and supported by a broad national infrastructure plan.

A significant adjuvant for progress lies in collaboration among all stakeholders – EV manufacturers, power companies, technology providers, and government agencies. Through these partnerships, EV sectors can standardise charging technologies, lower infrastructure costs through shared investments, and ensure seamless customer experiences. A high level of coordination would boost customer confidence, which might play a vital role in accelerating the EV uptake.

Moreover, PPPs (public-private partnerships) can also play a critical role in the ecosystem because private industries would bring innovation, agility, and capital investment. In contrast, the government side will enable policy frameworks, land use rights, and incentives. A noteworthy example: in 2023, the Nepal Electricity Authority (NEA) installed 51 fast-charging stations across the nation, including urban centres, transportation hubs, and major highways. NEA has also supported initiatives from the private sector through grid line extensions and transformer installations of up to 200kVA capacity.

In Bangladesh, we can do something similar. The Nepal government took such an initiative due to the Paris Agreement. Bangladesh is also part of the Paris Agreement, under which they have committed to decrease carbon emissions by 21.85% by 2030. Encouraging EV adoption directly will support Sustainable Development Goals (SDGs), such as SDG 13 (Climate Action), SDG 7 (Affordable and Clean Energy), and SDG 11 (Sustainable Cities and Communities).

The more we can decrease our reliance on imported fossil fuels, the closer we move to high energy usage, which will be a strategic priority for Bangladesh. In FY 2022-23, Bangladesh spent over $7 billion on fuel imports and procured 1.4 million tons of fuel from seven countries in the first half of 2025, costing $9.6 million. By investing in robust EV infrastructure, we are encouraging local EV manufacturing, curbing outflow, and building a future-ready industrial base that is aligned with global sustainability goals.

Moreover, building a robust EV infrastructure along with charging stations requires stronger power capacity; thus, this creates additional opportunities to invest more in grid modernisation, renewable energy integration, and smart energy management. A combination of such investments will support both the growth of the EV industry and improve the resilience of the power sector. Furthermore, the development of the EV sector will have a substantial economic impact as it will create both direct and indirect employment in the installation, operations, manufacturing, and maintenance of charging stations. It will also vitalise growth in related industries like software development, energy services, and battery technology. According to Goldman Sachs Research, EVs will make up about half of new car sales globally by 2035.

Besides being economically beneficial, a cleaner transport sector will have direct public health implications. Air pollution, which is primarily caused by petrol-powered vehicles and diesel, is one of the leading causes of respiratory illness in Bangladesh. Increasing dependency on EVs instead of internal combustion engine vehicles can significantly improve air quality, lower the societal burden of diseases, and decrease healthcare costs.

So, now is the time to take bold and coordinated actions. We are urging the government to lead the development of a national EV infrastructure roadmap backed by fiscal incentives and innovative policy instruments. It also includes access to low-cost land for station construction, favourable financing for investors, and import duty relief on charging equipment. Simultaneously, we call on all the EV manufacturers and service providers to combine their knowledge, resources, and networks to create a unified charging ecosystem. Together, we can build a transportation sector that is efficient, inclusive, clean, and economically vibrant.

The author is the Head of Business Development at BYD Bangladesh.​

 

[Bilal9]

Maiden electric vehicle plant in Chattogram at Tk 14b investment

The EV manufacturing plant is under construction in Chattogram, with an investment of Tk 14.4 billion.

en.prothomalo.com

Maiden electric vehicle plant in Chattogram at Tk 14b investment
View attachment 1858

The country’s very first electric vehicle (EV) manufacturing plant is under construction in Chattogram, with an investment of Tk 14.4 billion.

The Bangladesh Auto Industries Limited (BAIL) is implementing the project in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, and planning to launch the locally produced electric vehicles in the market by next March.

Of the investment, an amount of Tk 7.9 billion is funded by ten banks, while the remaining fund will come from private entrepreneurs. The authorities have already completed the factory construction works on a portion of 100 acres of land in the BSMSN economic zone and are now installing the machinery.


The factory will manufacture key components of electric vehicles, including the main body, battery, motor, and charger. The productions will account for approximately 75 per cent of the total investment, while the remaining 25 per cent will be spent to import the interior designs.

The vehicles will go through rigorous testing before being released to the market. There is a plan to add charging facilities to petrol pumps across the country.

The BAIL is a subsidiary of Mango Teleservices. Its chairman A Mannan Khan, who has been running the technology business for 30 years, said it is a global trend that the tech companies spearhead EV manufacturing industries and they followed the suit.

It is the time to manufacture eco-friendly vehicles in the country. The space for conventional automotive industry is shrinking and, at the same time, being replaced by electric vehicles, he added.


Big investments in three factories

The total fund will be divided among three factories, each responsible for manufacturing different components of the electric vehicles. With an investment of Tk 5.5 billion, the BAIL will produce the main body of the vehicles, including sedans, SUVs, microbuses, trucks, covered vans, and buses. A consortium of banks, including Agrani Bank, BDBL, BIFFL, Islami Bank, and First Security Islami Bank, will contribute Tk 2.4 billion to the venture.

When contacted, the managing director (MD) of Agrani Bank did not make any comments over the investment.

Islami Bank MD Mohammed Monirul Moula said cost-effective electric vehicles are gaining popularity globally. “We got engaged in the project in the consideration of the country’s betterment. We intend to participate in more projects that fall into the line.”

Apart from that, the lithium batteries will be produced in the factory of Bangladesh Lithium Battery Limited, a subsidiary of BAIL. The batteries will be used in electric vehicles consisting of two, three, or four wheels, in addition to some other machinery.

The factory will cost Tk 7.5 billion to be constructed, where Tk 5.5 billion will be funded by different banks. The Eastern Bank has reached a consensus with the BDBL, Sonali Bank, Rupali Bank and Mercantile Bank to collectively provide Tk 3.5 billion as the first installment of the Tk 5.5 billion fund, with the remaining Tk 2 billion planned for the second installment.

The managing director of Rupali Bank, Mohammad Jahangir, said, “We have been with the project due to its unique and promising aspect. We hope Bangladesh will enter the era of eco-friendly electric vehicles thanks to the project.”

The remaining parts, including motors, motor controlling and charging systems, will be produced in a factory of Mango Technologies Limited. The entrepreneurs are investing Tk 1.4 billion to set up a factory in this regard.

And, the interior designs will be imported through the Mutual Trust Bank.

A Mannan Khan, an entrepreneur, said the good banks express interest in this type of projects across the world and the situation here is nothing different.

He disclosed that equipment for the projects has already been imported, and installation is set to commence in October, while the trial run is scheduled for January. They are planning to launch the vehicles in the market next March.


How will the EVs cost?

The electric cars will be branded as a locally manufactured product. The BAIL will have an annual manufacturing capacity of 60,000 2-wheelers, 40,000 3-wheelers, and 30,000 4-wheelers.

The project will create employment opportunities for around 1,500 people, with the potential for further expansion that could employ up to 5,000 people at a time.

The vehicles are designed with user comfort in mind, featuring modern facilities. There will be inside charging and Wi-Fi facilities, allowing passengers to conduct business or work while on the move.

The price will vary based on the vehicles’ charging capacity and range. A sedan car with a 250 km single-charge range will cost Tk 1.2 to 1.3 million, while that of 350 km single-charge range will cost Tk 1.6 to 1.7 million.

The price of a SUV or Jeep with a 350 km single-charge range will be Tk 2.3 to 2.5 million, while that of 400 km single-charge range is Tk 2.8 to 3 million.

A seven-seater microbus with a 250 km single-charge range will cost Tk 2 to 2.2 million and that of 350-km charge range will cost Tk 2.5 to 2.6 million.

Besides, a three-wheeler will be priced at Tk 400,000 to 500,000, while the prices of covered vans, trucks, and buses will range from Tk 1.5 to 3 million.

Going back now - over the disbursement of the loan, NBR and BIDA should review how the loans are being utilized. Both organizations should audit the investments and appoint a vehicle industry expert to provide independent scrutiny and reports. In Bangladesh loans are given will-nilly with people with complete lack of prior experience and lack of any collateral in setting up these industries, although in the subcontinent this is generally the norm. Result is "hai hai" company. Agrani Bank and Islami Bank CEOs were probably also paid off handsomely, I imagine.

 

[Bilal9]

Bangladeshi entrepreneur is building Hyundai car at an affordable price.

As I've mentioned many times, Bangladeshi companies should be discouraged from bringing in previously value-added sub-assemblies from countries like India via policy non-support. Broken-down discrete parts can be imported (as opposed to wholly assembled suspension or engine units) or better yet, assembled from local parts (at some point, if not already). There are gradual tariff schedules that NBR knows how to impose for this.

Hyundai Creta sub-assemblies from India are being screwed together in this factory to make Hyundai Creta vehicles which neither helps Tech-knowledge-transfer, neither adds barely any value, because Indian workers are adding majority of the value here and Indian Hyundai assembler gains most of the profit.

 

[Saif]

As I've mentioned many times, Bangladeshi companies should be discouraged from bringing in previously value-added sub-assemblies from countries like India via policy non-support. Broken-down discrete parts can be imported (as opposed to wholly assembled suspension or engine units) or better yet, assembled from local parts (at some point, if not already). There are gradual tariff schedules that NBR knows how to impose for this.

Hyundai Creta sub-assemblies from India are being screwed together in this factory to make Hyundai Creta vehicles which neither helps Tech-knowledge-transfer, neither adds barely any value, because Indian workers are adding majority of the value here and Indian Hyundai assembler gains most of the profit.

I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.

 

[Bilal9]

I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.

Some of our businessmen including these Fair Group idiots are RAW agents. They have secret connections with Indian companies (including Hyundai Motors India). This is the connection between HMIL and Fair Group. It mentions that HMIL India head was present in their factory inauguration which means production from Indian parts.

https://www.jagonews24.com/en/business/news/66353

I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.

These Fair Group idiots import parts (sub-assemblies) from Hyundai Motors India (HMIL). They should easily change source to Hyundai Motors Indonesia but they won't. A Hyundai Creta costs 17~19 Lakh rupees in India. Whereas same thing costs 37 Lakh Taka in Bangladesh (almost double). Talk about Highway Robbery! The govt. should shut down this idiot's operation (another India RAW agent), word is that he was a big Awami League cadre back in the day, which is how he made his money. I could wrong though. Here is his ugly fat overfed mug. Ruhul Alam Al Mahbub, Chairman, Fair Group.

 

[Saif]

Some of our businessmen including these Fair Group idiots are RAW agents. They have secret connections with Indian companies (including Hyundai Motors India). This is the connection between HMIL and Fair Group. It mentions that HMIL India head was present in their factory inauguration which means production from Indian parts.

https://www.jagonews24.com/en/business/news/66353

These Fair Group idiots import parts (sub-assemblies) from Hyundai Motors India (HMIL). They should easily change source to Hyundai Motors Indonesia but they won't. A Hyundai Creta costs 17~19 Lakh rupees in India. Whereas same thing costs 37 Lakh Taka in Bangladesh (almost double). Talk about Highway Robbery! The govt. should shut down this idiot's operation (another India RAW agent), word is that he was a big Awami League cadre back in the day, which is how he made his money. I could wrong though. Here is his ugly fat overfed mug. Ruhul Alam Al Mahbub, Chairman, Fair Group.

View attachment 19232

The government should file a corruption case against this guy at the soonest. No Awami goons are allowed in Bangladesh. Bangladesh should buy Chinese EVs with tech transfer to build an automobile industry in the country.

 

[Saif]

‘Policy gaps weigh on auto industry’

Despite its potential to accelerate economic growth, Bangladesh’s automobile sector remains constrained by the absence of a conducive national policy, keeping logistics costs among the highest in the world.

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‘Policy gaps weigh on auto industry’

Despite its potential to accelerate economic growth, Bangladesh's automobile sector remains constrained by the absence of a conducive national policy, keeping logistics costs among the highest in the world.

"As Bangladesh aspires to become an upper-middle-income country and is set to graduate from Least Developed Country (LDC), a robust automobile industry policy is no longer optional. It is urgent," said M Masrur Reaz, chairman and CEO of Policy Exchange Bangladesh (PEB), a private sector economic and investment advisory platform, at a discussion on conducive automobile policies for green growth and a competitive economy.

The discussion was organised by the Economic Reporters' Forum (ERF) and PEB at the ERF auditorium in Dhaka yesterday.

He said Bangladesh stands to lose a lot of preferential market access after LDC graduation, making efficient logistics and competitive transport systems indispensable for its export sustainability.

Yet, logistics costs remain among the highest globally. In some key sectors, costs are up to 48 percent of sales.

"A vibrant automobile sector, backed by smart, inclusive policy, is essential not just for safer roads but for a greener, more resilient Bangladesh."

Commerce Adviser SK Bashir Uddin said Bangladesh must rethink its industrial policy.

Referring to the automobile sector, he said, "Placing foreign kits on local frames is not real manufacturing."

"Our economy needs productivity-driven investment, not vanity infrastructure," he added.

Bashir said Bangladesh pays $27 billion yearly for freight while local shipowners earn just $1 billion.

Anwar-ul-Alam Chowdhury Parvez, president of the Bangladesh Chamber of Industries, said they spend more on logistics than any other country. The logistics cost here even surpasses that of the United States.

Matiur Rahman, president of the Bangladesh Motorcycle Manufacturers and Assemblers Association, criticised authorities for the lack of implementation of the automobile policy.

This hinders the growth of the automobile industry, he said.

Rizwan Rahman, former president of Dhaka Chamber of Commerce and Industry, called for prioritising environment-friendly public transport over private vehicles.

ERF President Doulot Akter Mala chaired the event.​

 

[Saif]

Buet-designed battery-run rickshaws set to roll out in Paltan, Dhanmondi, Uttara

DNCC administrator said the newly designed rickshaws are expected to begin operating from early August

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Buet-designed battery-run rickshaws set to roll out in Paltan, Dhanmondi, Uttara

Photo: Collected

Battery-run auto-rickshaws, developed by Bangladesh University of Engineering and Technology (Buet), will soon hit the streets of Paltan, Dhanmondi, and Uttara in a pilot initiative aimed at streamlining urban transport.

LGRD Adviser Asif Mahmud Shojib Bhuyain made the announcement at a programme held at the Dhaka North City Corporation (DNCC) headquarters today.

Photo: Collected

The event marked the inauguration of a training programme for drivers of these electric rickshaws, organised by the DNCC.

Asif Mahmud said, "Unlike the current unregulated system, each area will have a designated number of rickshaws. We are committed to ensuring that drivers are not subjected to extortion or any form of harassment."

Photo: Collected

DNCC Administrator Mohammad Azaz said the newly designed rickshaws are expected to begin operating from early August.

"We aim to train and licence one lakh auto-rickshaw drivers under this initiative," he said.

He added that work is underway to set up charging stations, ensuring the vehicles are powered only at approved points.​

 

[Saif]

The first motor car on the streets of Dhaka

Before we delve into the story of the first motor car in Dhaka, it’s worth exploring an earlier question: When did four-wheelers first appear on the city’s roads?

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The first motor car on the streets of Dhaka

Nawab Salimullah’s motorcade in Dhaka with Lady Curzon and Lord Curzon in 1904 Photo: Fritz Kapp

Before we delve into the story of the first motor car in Dhaka, it's worth exploring an earlier question: When did four-wheelers first appear on the city's roads?

Back in 1790, the Collector of Dhaka noted that a group of soldiers stationed in the city had introduced a hired horse-drawn carriage service. It was likely established to transport goods from Begunbari in Tejgaon -- then an army quarters -- to the main city. However, this service did not last long.

Still, by the early 19th century, Dhaka did have at least one known horse-drawn carriage. During his visit in 1824, Bishop Heber of Calcutta noted that the Naib Nazim of Dhaka used an old landau carriage drawn by four horses of Shamsuddaula.

But for a more structured public transportation system, Dhaka had to wait a bit longer. The credit for this goes largely to an Armenian businessman named Shircore, who introduced thika gari (rental carriages) around 1856. His business, Harmony Carriage, quickly became profitable, inspiring other local businessmen to follow suit.

By 1867, about 60 rental carriages were operating in Dhaka; by 1878 this number had grown to 300, and a decade later, it had doubled.

As with horse-drawn carriages, the introduction of motor vehicles in Dhaka followed the lead of Kolkata. According to Radharaman Mitra's "Kolkata Darpan", the first passenger motor vehicle appeared on the streets of Kolkata in 1896, though some accounts suggest it was 1897. That vehicle, used during British rule, was made by the French company De Dion-Bouton. The De Dion model was first introduced in Kolkata by H H Reynolds, and the first Bengali to purchase a motor vehicle was C Basak.

Naturally, this leads to a key question: When did the first motor car appear in Dhaka?

Could it have been in 1904?

On February 18 of that year, the Viceroy Lord Curzon arrived in Dhaka with his wife, Lady Curzon. The Nawabs' garden house in Shahbagh was lavishly decorated for the occasion. To honour the visit, Nawab Khwaja Salimullah purchased several motor cars from Kolkata. In a historic photograph, Lady Curzon is seen with her hand on the steering wheel, Lord Curzon standing beside her, and four cars parked in front of the house.

However, a slightly different account is found in the autobiography of British car dealer Montague Grahame-White, "At the Wheel Ashore and Afloat: Reminiscences of Motoring, Yachting and Travel Over a Period of Forty Years".

According to him, the Nawab didn't buy the cars in haste for the Viceroy's visit. In fact, the decision came after a carefully considered plan.

In January 1903, Nawab Salimullah met Montague Grahame-White. Inspired by their meeting, the Nawab decided to purchase motor vehicles. By the end of that year, three cars ordered by him had arrived at Ahsan Manzil. According to "The Motor Magazine (1943)", these included a 10-horsepower and a 15-horsepower Mors, and an 8-horsepower Renault.

As mentioned earlier, in 1904, Nawab Khwaja Salimullah showcased his newly purchased automobiles at his Shahbagh garden house. This historic moment was captured by the renowned German photographer Fritz Kapp. These early automobiles thus became silent witnesses to Dhaka's evolving history. By 1915–16, the number of cars in Bengal had exceeded 1,000. Car manufacturers began organising roadshows, distributing flyers, and launching promotions to expand the market. Over time, the fascination with automobiles spread to other parts of the region.​

 

[Saif]

Made in Bangladesh Mitsubishi Xpander launched

Rancon Auto Industries has officially launched the Bangladeshi-manufactured Mitsubishi Xpander, a seven-seater family SUV powered by a 1.5L MIVEC engine.

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Made in Bangladesh Mitsubishi Xpander launched

Photos: Md. Zahidur Rabbi.

Rancon Auto Industries has officially launched the Bangladeshi-manufactured Mitsubishi Xpander, a seven-seater family SUV powered by a 1.5L MIVEC engine.

According to a press release, all units of the Mitsubishi Xpander are being manufactured at the 52-acre RANCON Industrial Park in Gazipur, which also houses production lines for global brands such as Suzuki, Mercedes-Benz bus chassis, Proton, JAC, LG, and Toshiba.

Takao Kato, CEO of Mitsubishi Motors Corporation, said, "This is just the beginning of a promising journey. With Dual AC, Xpander is engineered specifically for ASEAN markets and has received an overwhelmingly positive response across the region. Bangladesh has a proven track record. Together with RANCON, we look forward to building a future of excellence and reliability with the Bangladeshi-made Xpander."

Mentioning Rancon being the official distributor of Mitsubishi Motors in Bangladesh for the last 50 years, Romo Rouf Chowdhury, GMD of RANCON, said, "We've built the best-in-class paint shop, assembly lines, and a team of professionals trained directly by Japanese experts. Each Xpander has a 5-year warranty and 2 years of servicing included. With 11 after-sales service touchpoints, we want to ensure safety, quality, and value for the people of Bangladesh."

Mitsubishi SUV Bangladesh

The Bangladeshi-manufactured Mitsubishi Xpander is currently available at a special introductory price of BDT 34 lakh.​