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Electric auto parts refer to the components and systems used in electric vehicles (EVs) or hybrid electric vehicles (HEVs). These parts are specifically designed to support the operation and functionality of electric or hybrid powertrains. Unlike traditional internal combustion engine vehicles, EVs and HEVs rely on electric motors and batteries for propulsion.
The best exhibition organizer Eco Expo said that, Bangladesh imports various electric auto parts to support its growing electric vehicle industry. Some of the commonly imported electric auto parts in Bangladesh include:
- Lithium-Ion Batteries
- Electric Motors
- Power Electronics
- Charging Infrastructure
- Electric Vehicle Components
- Electric vehicle control units etc.
The market size of automotive components was about Tk 1,300 crore to Tk 1,400 crore last year with an annual growth rate of 10 to 12 percent in the last one decade, said Mosharraf Hossain Manik, one of the major importers. The market size was not more than Tk 500 crore 10 years ago. So, the best event organizer Eco Expo believes that, this sector will be the most demanding sector in the upcoming years.
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