[🇧🇩] Automobile Industry of Bangladesh including parts

[Saif]

PRAN to invest Tk 500cr in motorcycle, e-scooter venture

PRAN-RFL Group, a leading conglomerate in Bangladesh, is set to invest Tk 500 crore over the next three years to manufacture and market motorcycles and electric scooters.

www.thedailystar.net

PRAN to invest Tk 500cr in motorcycle, e-scooter venture

PRAN-RFL Group, a leading conglomerate in Bangladesh, is set to invest Tk 500 crore over the next three years to manufacture and market motorcycles and electric scooters.

The group aims to produce its own eco-friendly electric scooter brand, RYDO, while also taking over the manufacturing and distribution of the renowned Indian brand TVS in the local market, according to a press release.

The move is expected to create direct and indirect employment for 5,000 people.

A motorcycle assembly and manufacturing plant will soon be established at the Habiganj Industrial Park.

“Today, motorcycles and bicycles are not just modes of transportation for young people; they have become lifestyle products,” said RN Paul, managing director of RFL Group.

Under a recently signed memorandum of understanding (MoU), PRAN-RFL will invest Tk 400 crore in phases to produce “Made in Bangladesh” TVS motorcycles.

Mahmudur Rahman, chief operating officer of RFL’s bike business, said that marketing of TVS motorcycles will commence by the end of February, with full-scale production at the Habiganj factory starting within this year. The initial target is to produce 5,000 units a month.

RFL has already begun assembling RYDO scooters, which are electric vehicles, with an initial investment of Tk 50 crore.

“By 2027, we aim to offer high-quality RYDO electric scooters at around Tk 50,000,” Paul said, adding that the group plans to manufacture almost all components locally within the next year to ensure affordability.

To address charging infrastructure challenges, the group is installing fast-charging stations at its retail outlets in partnership with Glafit Bangladesh Limited.

The country’s motorcycle market is currently valued at Tk 7,000-Tk 8,000 crore, with annual growth of 16-17 percent. Industry experts expect national production capacity to reach one million units by 2027.​

 

[Saif]

Runner Automobiles ties up with China's BYD in EV push

Runner Automobiles has approved a landmark supply and manufacturing agreement with China's electric vehicle giant BYD Auto Industry Company, a move widely seen as a turning point for Bangladesh's evolving automobile industry. The decision came at a meeting of the board of directors of Runner Autom

thefinancialexpress.com.bd

Runner Automobiles ties up with China's BYD in EV push

FE REPORT
Published :
Mar 25, 2026 11:39
Updated :
Mar 25, 2026 11:39

Runner Automobiles has approved a landmark supply and manufacturing agreement with China's electric vehicle giant BYD Auto Industry Company, a move widely seen as a turning point for Bangladesh's evolving automobile industry.

The decision came at a meeting of the board of directors of Runner Automobiles on March 20, where the board also reviewed the prevailing business climate and charted the company's strategic priorities.

"The partnership is expected to mark a significant milestone for Bangladesh's automotive sector, creating opportunities for local manufacturing and technology transfer," reads a stock exchange filing on Tuesday.

The board expressed strong confidence in the long-term strategic value of the partnership.

The agreement will enable Runner Automobiles to collaborate closely with BYD in supply, manufacturing, and potentially assembly operations.

The agreement marks one of the most high-profile collaborations in Bangladesh's automotive sector to date. For Runner Automobiles, it represents a strategic leap toward advanced manufacturing and technological integration.

The deal would facilitate technology transfer, allowing Runner to gain access to advanced EV platforms, battery systems, and manufacturing expertise-areas where BYD has established global dominance.

The partnership is also expected to accelerate the development of Bangladesh's domestic automobile manufacturing capabilities, which have so far remained limited compared to regional peers.

Following the news, Runner Automobiles' stock jumped 9.97 per cent to Tk 37.5 per share on Tuesday on the Dhaka Stock Exchange.

The Chinese firm, headquartered in Shenzhen, is a global leader in electric vehicles (EVs), batteries, and clean energy solutions.

BYD's expertise in battery technology and EV ecosystems positions the partnership as a potential catalyst for Bangladesh's transition toward greener mobility solutions.

The deal comes at a time when Bangladesh is exploring pathways to cleaner and more sustainable transportation. With global pressure mounting to reduce carbon emissions, electric vehicles are gaining traction as a viable alternative to traditional fossil fuel-powered cars.

Runner's business performance

Runner Automobiles returned to profit in FY25, driven by robust sales growth, particularly in the three-wheeler segment, after enduring losses for the previous two years.

The motorcycle manufacturer made a consolidated profit of Tk 102 million in FY25 against a loss of Tk 61 million in FY24. Runner also suffered a loss of Tk 880 million in FY23.

Returning to profit, the company declared a 10 per cent cash dividend for FY25, compared to the 11 per cent paid for the previous year.​