Palki Motors Limited is a pioneering initiative founded by Mustafa Al Momin and Jahid Hasan, committed to revolutionizing the transportation industry in Bangladesh and beyond. Established in October 2022, the company specializes in manufacturing mini electric cars tailored for commercial drivers, with a mission to empower them economically while mitigating the environmental impact of traditional fossil fuel vehicles.

Led by Mustafa Al Momin, an experienced engineer and serial entrepreneur, Palki Motors Limited combines innovation with a deep sense of social responsibility. With a background in electrical engineering and over seven years of industry experience, Mustafa aims to reduce carbon emissions and uplift underprivileged drivers by providing them with affordable ownership of electric vehicles.

Jahid Hasan, co-founder of Palki Motors Limited, brings extensive expertise in sales and marketing, coupled with a strong belief in the transformative power of locally produced vehicles. With a bachelor’s degree from the University of Dhaka and over seven years of experience in multinational corporations, Jahid is committed to advancing Bangladesh’s standing on the global stage through sustainable transportation solutions.

Palki Motors Limited’s innovative approach addresses the pressing challenges faced by commercial drivers, including high operating costs and environmental pollution. By manufacturing electric vehicles locally in Bangladesh, the company circumvents import duties and ensures affordability for drivers. Additionally, strategic partnerships with financial institutions and ridesharing companies enable drivers to access financing and secure a steady income source.

The company’s electric vehicles boast cutting-edge features, such as medium voltage drive trains and onboard chargers, offering superior mileage and convenience compared to fossil fuel alternatives. Palki Motors Limited’s commitment to sustainability extends beyond product design, encompassing eco-friendly manufacturing processes and community engagement initiatives aimed at promoting environmental awareness and social inclusion.

Driven by a long-term vision, Palki Motors Limited is poised to expand its market reach and impact in the coming years. With a focus on continuous innovation, transparency, and collaboration, the company aims to lead the transition towards sustainable mobility in Bangladesh and beyond, fostering economic empowerment and environmental stewardship for generations to come.