MA
Mustafa Al Momin
CEO & Founder
Palki Motors Limited · Dhaka, Bangladesh
Zayed Sustainability Prize Winner
About
I invested $200,000 of my personal savings to build Bangladesh's first electric car. Since 2022, Palki Motors has delivered 26 vehicles across 8 districts, won the $1 million Zayed Sustainability Prize (Energy category), and partnered with Launch Automotive Technology (China) for CKD assembly. We're now scaling with the Palki X27 — bringing affordable EVs to South Asia.
At a Glance
26
Cars Delivered
$1M
Zayed Prize
2022
Founded
4
EV Models
Awards & Recognition
Zayed Sustainability Prize 2025
$1 Million — Energy Category, Abu Dhabi
EBL Climate Change Action Award 2025
Recognition for environmental impact in Bangladesh
Accelerating Asia — Cohort 10
$100K equity investment from SE Asia's leading impact VC
Startup Bangladesh Grant
৳1 Crore (~$85K) equity-free grant from ICT Division
Shark Tank Bangladesh
Featured on national television — 2 episodes
Our Vehicles
Cityboy V2
100km | 4 Seats | AC | From $10,000
In Production
Palki X27 SUV
301km | 5 Seats | 120km/h | From $33,000
Pre-Order Open
Partnership Interests
We are actively seeking CKD supply partners for our X27 electric SUV program. We assemble vehicles in Dhaka, Bangladesh and are looking for reliable OEM component suppliers, battery pack manufacturers, and complete CKD kit providers.
Interested in:
CKD Kits
LFP Batteries
EV Motors
BMS Systems
Chassis & Body
AC Systems
DC Fast Charging
Media Coverage
46+
Media Mentions
18+
Countries
2.5M
km Driven
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