Our Story
About
Palki Motors
Bangladesh's first electric vehicle manufacturer. Building affordable EVs for 600,000+ ride-sharing drivers.
Our Mission
We're making electric mobility accessible for Bangladesh's 600,000+ ride-sharing drivers. Our vehicles cost 52% less to operate over 5 years compared to CNG alternatives.
We are not just building cars — we are building an ecosystem. This includes innovative EVs, accessible financing, a robust charging network, and data-driven insights to optimize performance and earnings.
"We started with $200,000 — money that could have bought a house. Instead, we invested it in building Bangladesh's first electric car. Because we believed that if we could make it work for one driver, we could make it work for 600,000."
— Mustafa Momin, CEO
Our Journey
From a bold idea in 2022 to winning the world's most prestigious sustainability prize — our journey has been anything but ordinary.
Our Leadership
Led by a young Bangladeshi entrepreneur with a vision to transform urban mobility across South Asia.
Mustafa Momin
CEO & Founder
Young Bangladeshi entrepreneur who invested $200,000 of personal savings to build the country's first electric car. Winner of the Zayed Sustainability Prize 2025 and featured on Shark Tank Bangladesh.
Investors who believe in sustainability
Backed by organizations that share our vision for a greener future.
Accelerating Asia
Southeast Asia's leading impact-focused venture capital firm. Invested $100K through Cohort 10.
Startup Bangladesh
Government-backed venture capital fund. Invested $100K after Shark Tank Bangladesh.
Y Combinator
World's most prestigious startup accelerator. Palki Motors is a graduate of YC's Startup School.
Zayed Sustainability Prize
Awarded $1 million in the Energy category at Abu Dhabi Sustainability Week 2025.
Join the Revolution
Be part of Bangladesh's
electric future
Whether you want to drive, invest, or build — there's a place for you at Palki Motors.