Case 1 Overview
This report is the outcome of a paid overseas market research assignment conducted for a Korean company to identify importers in Bangladesh's mobility and energy sectors. It maps and profiles importers of electric vehicles (EVs), secondary batteries, solar panels, and energy storage systems (ESS).
Bangladesh's mobility and energy market is emerging as a high-potential segment, with annual growth exceeding 20%, supported by government green-transition policies, urgent power-supply needs, and rising demand for improved urban transport.
$200M+
EV Market
2025 estimate
$300M+
Solar Market
Annual imports
$150M+
Battery Market
Import market
$50M+
ESS Market
Early-stage market
50,000+
EV Registrations
Cumulative
1GW+
Solar Capacity
Installed base
85+
Importers
Registered firms
20%+
Growth Rate
Sector-wide
Profiles of Major Importers
Major Mobility and Energy Importers in Bangladesh
| Company | Segment | Annual Imports | Main Sources | Notes |
|---|---|---|---|---|
| Runner Motors | EVs and electric motorcycles | $30M+ | China and India | Leader in electric motorcycles |
| Akij Motors | EVs and electric three-wheelers | $20M+ | China | Strong in Dhaka three-wheeler EVs |
| Rahimafrooz | Batteries and solar | $50M+ | China, Korea, India | Large energy conglomerate |
| Energypac | Solar and ESS | $25M+ | China and Germany | Major solar EPC player |
| Navana Solar | Solar panels | $15M+ | China and India | Active in IDCOL projects |
| Green Delta | EV imports and distribution | $10M+ | China | New market entrant |
Mobility and Energy Segment Analysis
Mobility Segment
Electric MotorcyclesFastest growth, 15,000+ units/year
Electric Three-WheelersDhaka urban use, 5,000+ units/year
EV BusesGovernment pilot, 100+ units
E-BicyclesEarly market, 2,000+ units/year
Energy Segment
Solar Panels1GW+ installed, 200MW+/year
Lithium BatteriesRapid growth for EV and ESS use
ESSIndustrial and residential, early stage
LED LightingEnergy-saving segment, $100M+
Buyer Engagement Strategy
01
Prioritize the Rahimafrooz Group
Rahimafrooz is Bangladesh's largest battery, solar, and energy player, importing more than $50 million annually. It is a strong premium buyer candidate for Korean secondary battery products from suppliers such as Korea SDI and Korea Energy Solution. Because Rahimafrooz already imports some Korean batteries, the potential for volume expansion is meaningful.
02
Export Components for Electric Motorcycles
Target EV manufacturers and importers such as Runner Motors and Akij Motors with key components including motors, controllers, and battery management systems. While Chinese complete vehicles dominate the market, persistent concerns over battery life and motor efficiency are increasing interest in higher-quality Korean components.
03
Join Solar Project Supply Chains
Supply Korean solar panels and inverters to projects backed by IDCOL, the state-supported infrastructure financing institution. Partnerships with EPC firms such as Energypac and Navana Solar can open project-based supply opportunities. Korean panels retain a clear advantage over many Chinese alternatives in efficiency and durability.
04
Capture the ESS Market Early
Bangladesh's ESS market remains at an early stage, estimated above $50 million, but is growing quickly due to power shortages and industrial demand for peak-load management. Korean ESS technologies from Korea SDI, 코리아디스플레이, and 코리아SK are globally competitive and well positioned to establish an early lead. Rahimafrooz and Energypac are both moving into this segment.
Importer Contact Flow
Buyer Outreach to Transaction Flow
Buyer Identification
Screen importer profiles
→↓
Initial Contact
Email and phone outreach
→↓
Sample Offer
Product testing stage
→↓
Commercial Negotiation
Price, MOQ, and payment terms
→↓
Trial Order
PO issuance and L/C opening
Bangladesh's mobility and energy sectors are expanding at more than 20% annually, driven by green-transition demand and continued investment in power infrastructure. Korean companies should use their strengths in batteries, solar, and ESS technologies to build partnerships with high-value buyers such as Rahimafrooz and Runner Motors.
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