Bangladesh Auto Industries Ltd (BAIL)

Sales of electric vehicles rising gradually

Electric vehicles (EVs), including plug-in hybrids, will one day dominate the automobile market in Bangladesh as the demand for cars run on alternative fuel is slowly gaining ground, according to importers and distributors.

Local firm to set up $200m plant to make electric vehicle

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