Transforming the state of a country’s transportation sector isn’t an easy task, but the introduction of electric vehicles has brought about revolutionary changes in Bangladesh’s transport facilities. The proliferation of battery-powered rickshaws -- the three-wheelers central in transporting the entire nation -- have brought about changes both economically as well as environmentally. Not only have they helped in curbing pollution in cities, less physical exertion has eased the lives of pullers of such vehicles. Confidence Batteries Ltd has stepped into one of the most crucial sectors in need for further development, and successfully brought Bangladeshi products of global standards in the hands of those who lead the nation to efficiency, in what was previously a market dominated by Chinese products.
The products of Confidence Batteries Ltd aim to add value to individual lives and livelihoods, reaching the heart of what the Bangladesh economy thrives on: The grassroots level. We strive to provide power to those individuals and entities which lift Bangladesh up and take it forward. With the proliferation of battery-operated power, especially in the transportation sector, Confidence Batteries Ltd has played a vital role in enhancing the way power is used in day-to-day lives. Our evident power solution nourished the life of rural society in Bangladesh. Thousands of people found a new source of earnings for their daily livelihood with a small and affordable investment, with millions other finding an affordable source of transportation. Our work reaches beyond with solar batteries, being supplied to help fulfill the basic electricity requirements of those in the most rural of areas.
Currently employing about 1000+ workers and standing at 275,000 sqft of land, we inaugurated our journey in 2011. The trial production was initiated in the factory in 2013 and its first product was commenced in the market shortly after. Later that year, we started providing batteries for rickshaws, helping to propel orward the agenda of development further to provide an opportunity for social and financial development of the society, specially in the sub-urban and rural regions.
As of today, CBL holds the largest market share among all electric tricycle battery manufacturers in Bangladesh. In its production line, currently we incorporate 14 models for passenger cars, 5 for commercial vehicles, 5 for N series (generators), 6 for storage power, 7 for renewable energy, 4 for three-wheelers, 6 for electric vehicles. To meet up the ever growing demand, our factory is in the process of doubling our capacity for both tubular and flat plate combined. In future, we are planning to expand by another 100,000 sq ft, which will generate further employment.
Increasing power distribution ultimately leads to an increased emancipation in the lives of people, keeping in line with our vision of enhancing and improving communities, by better the lives of those who comprise them. Our hope is that the products that we make can directly monetize power into someone’s life. Aside from consistent and sustainable revenue generation, Confidence Batteries Ltd aspires to be the dominant force in the market of all forms of storage power .Once the power provided in Bangladesh is unswerving and we solidify our footprint in the local market, the company will expand its export business and will spread from the Middle East to attain a strong hold in the SAARC nations.