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The Current Shape of EV and Hybrid Vehicle Ecosystem in Bangladesh

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Electric, Fossil Fuel, and Hybrid Vehicles Electric Vehicles (EV) are vehicles that are totally or partially fueled with electricity. EVs are usually cost-efficient and greener compared to Internal Combustion Engine (ICE) vehicles, which run on fossil fuels such as gasoline that heat the internal combustion engine of the vehicle. Hybrid vehicles are a combination of […]
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Full Throttle Ahead: The Automobile Industry of Bangladesh at a Crossroads
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Policy incentives have had a transformative effect on the manufacturing sector of Bangladesh. Due largely to progressive manufacturing, over 90% of all motorcycle sold and 85% of all smartphones sold in Bangladesh are locally assembled or manufactured. Now, with the Draft Automobile Policy 2020, the government has set its sights on the automobile sector with […]

  • Published on: May 31, 2021

Gearing up for an Automobile Future

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LightCastle Partners collaborated with Auto Rebellion to conduct a study on the automotive industry of Bangladesh, with a particular focus on the passenger vehicle segment, which encompasses sedans or private cars, sports utility vehicles (SUVs), and microbuses or multi-purpose Vehicles (MPVs). LightCastle conducted a number of interviews with exclusive automobile importer-dealers which covered brands that […]

Dissecting the Draft Bangladesh Automobile Industry Development Policy

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LightCastle Partners collaborated with Auto Rebellion to conduct a study on the automotive industry of Bangladesh, with a particular focus on the passenger vehicle segment, which encompasses sedans or private cars, sports utility vehicles (SUVs), and microbuses or multi-purpose Vehicles (MPVs). LightCastle conducted a number of interviews with exclusive automobile importer-dealers which covered brands that captured […]

Draft Automobile Industry Development Policy: Address issues to reap full benefits

With the growth of the economy and rising purchasing power of people, sales of automobiles have been increasing in Bangladesh. However, the country still needs to depend on imports of foreign vehicles to meet its ever-growing demand. Inspired by the success of the domestic two-wheeler motorbike industry, the government has developed the draft “Automobile Industry […]
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LightCastle COVID 19 Series – 2020
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The Covid-19 pandemic is having a major impact on the world we live in. The virus has not only wreaked havoc on our healthcare system, but has devastated the global economy. Amid the economic maelstrom, the Bangladesh economy finds itself in a precarious state, especially due to sagging apparel sales, declining remittances, soaring job losses, […]

  • Published on: June 11, 2020
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