Bangladesh is the way of Adopting Electric Car | Electric Car Bangladesh

Introduction

Bangladesh Auto Industries Ltd (BAIL), a Local automobile company, is all set to make electric vehicles from 2020 with an initial investment of $200 million. 

The facilities, civil work and utility connection of the proposed plant on a 100-acre of land at the Mirsarai economic zone in Chattogram. The company install the manufacturing equipment by March this year and the manufacturing will begin in June. Foreign partners from the US, China, India and Italy will provide technical and expert support for the facility. The plant will manufacture almost 60 percent of the component of the vehicles, including lithium battery, motor, controller, software platform, chassis and body. Internationally acclaimed designers have designed the initial EV models for The Company. A team of the company will lead the initiative and carry out future research and development together with foreign experts, expatriate Bangladeshis and local talents. The team will also create web-based portal for co-creation and suggestion for product and ecosystem development in order to ensure inclusive and participatory environment for the nation. 

Global View

Globally, the electric car’s share in the total automobile industry is on the rise.

At the end of 2018, it stood at 4.6 percent, almost double from what it was in 2017, according to the Centre of Automotive Management (CAM), a research and consultancy institute based in Germany.

China is leading the countries in electric car use, followed by the US, Norway, Japan and the UK. By 2025, electric cars will account for one-fourth of all new registrations, according to CAM.

Within the next 25 years all fossil fuel cars would be replaced by the EVs.

Product Line

The Company is going to manufacture two-wheelers, three-wheelers, sedan, hatchback and sport utility vehicle (SUV) and has plans to produce pick-ups, mini-trucks and multipurpose vehicles.

Pricing

The company will sell an SUV at Tk. 25 lakh, sedan at Tk. 12 lakh to Tk. 15 lakh, hatchback at Tk. 8 lakh or even less. The price of the motor cycles will be Tk. 50,000 to Tk. 1.5 lakh.

Advantages

👉 EVs (Electric Vehicle) would cut fuel cost by 90 percent and per kilometer energy cost will be less than Tk. 2.

👉The battery capacity will be 50 kilowatt hour and it will cost Tk. 400 to fully charge an EV each time as per the existing electricity tariff.

👉With a twenty-minute charge, our EVs can run 400km. The car can be charged at home with a regular connection or at a quick charging station.

👉Quick charging stations will be set up on the highways, at refueling stations, parking spaces and convenient stores. There will be provision for charged battery swap too.

👉The battery’s lifetime will be around 10 years, he said.