Akij Motors
Akij Motors Limited is a Bangladeshi automotive company and subsidiary of Akij Group that manufactures and sells commercial vehicles, electric motorcycles, electric vehicles, spare parts, and garage equipment to individual consumers and commercial businesses across Bangladesh via a nationwide dealer and service network.
- Company typePrivate
- Founded2010
- HeadquartersDhaka, Bangladesh
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Akij Motors does
Akij Motors Limited, incorporated in Bangladesh and headquartered at Akij Center, Tejgaon I/A, Dhaka, is the automobile division of Akij Group, one of Bangladesh's largest private diversified conglomerates with origins dating to the 1940s. The company manufactures and sells a broad automotive portfolio in Bangladesh organized into three pillars: (1) commercial vehicles including mini trucks/pickups (Ponkhiraj 1000 KG Diesel, Bijoy 1.5 Ton), light-duty trucks (Rajdut 4.0 Ton), medium-duty trucks (Kamla Plus, Pahloan 16 CBM), and heavy-duty Sinotruk-branded cargo trucks assembled with Japanese technology engines (Isuzu, Suzuki, Yuchai); (2) electric motorcycles and electric vehicles (Ponkhiraj, Duronto, Durbar, Durdanto v6, Bondhu, Romeo, Dorian, Zenith, Neo, Delivery Van, Golf Cart, and three-wheeled Sathi/Sathi Plus), offered with lithium-ion or lead-acid battery options; and (3) aftermarket and services including genuine spare parts, garage workshop equipment (scanners, lifts, paint booths, tire inflators), motor servicing (transmission overhauling, 3D wheel alignment, engine scanning), and CNG/LPG refueling station equipment.
Akij Motors operates a sales-led go-to-market through a nationwide authorized dealer and showroom network covering every district in Bangladesh, with three service centers in Dhaka, direct showroom sales at headquarters, online ordering with home delivery for EVs, and a financing program requiring a 30% down payment with 12-48 month terms. Revenue is generated across hardware sales (vehicles, spare parts, CNG/LPG equipment, garage equipment) and professional services (motor repair and maintenance). Primary customer segments are individual consumers seeking affordable electric mobility and small-to-medium commercial businesses purchasing trucks and cargo vehicles for goods transportation, with delivery professionals as a secondary segment. The company employs 251-500 people and positions itself as the largest automotive brand in Bangladesh, with Akij Group having applied for a Bangladesh digital bank license in November 2025 as a diversification move.
Akij Motors firmographics
Firmographics- Name
- Akij Motors
- Legal name
- Akij Motors Limited
- Website
- https://akijmotors.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Akij Motors Limited is a Bangladeshi automotive company and subsidiary of Akij Group that manufactures and sells commercial vehicles, electric motorcycles, electric vehicles, spare parts, and garage equipment to individual consumers and commercial businesses across Bangladesh via a nationwide dealer and service network.
- Ownership category
- akta.pro rank
Akij Motors industry classification
Industry- Product category
- Automotive Manufacturing
- NAICS
- Motor Vehicle Manufacturing (3361), Motor Vehicle Parts Manufacturing (3363), Commercial and Service Industry Machinery Manufacturing (333310), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)
- SIC
- Motor Vehicle Parts & Accessories (3714), Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)
- akta.pro primary industry
- Specialty Truck Manufacturing (Fire/Rescue/Military-Commercial/Expedition) (IMACABAG)
- akta.pro secondary industry
- Heavy-duty truck, trailer & commercial vehicle parts distribution (CRAOANAJ)
Keywords
Where Akij Motors is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices2 records
Markets served
Akij Motors business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Vehicle Sales: Sales of commercial vehicles (mini trucks, light duty trucks, medium duty trucks, heavy cargo trucks, dump trucks, prime movers, microbuses), private vehicles, and electric vehicles/motorcycles.
- Spare Parts: Sales of genuine auto parts including engine mountings, bearings, clutch plates, spark plugs, and other components.
- Motor Servicing: Repair and maintenance services including transmission overhauling, engine servicing, brake system services, and diagnostic services.
- CNG/LPG Equipment: Sales of CNG compressors, dispensers, cascade storage, and daughter stations for refueling stations.
- Garage Equipment: Sales of automobile workshop equipment including scanners, tire inflators, paint booths, and lift systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Electric Motorcycles - Entry Level |
| Unit Pricing | Pay-as-you-go | Electric Motorcycles - Premium Level |
| Other | Monthly | Vehicle Financing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Akij Motors product offering
Product offeringCore offering
Akij Motors manufactures and sells commercial vehicles (mini trucks, light, medium, and heavy duty trucks, dump trucks, microbuses, prime movers), electric motorcycles and electric vehicles, automobile workshop equipment, CNG/LPG refueling station equipment, and genuine spare parts. The company operates a nationwide network of showrooms, authorized dealers, and service centers across Bangladesh, providing direct sales, after-sales servicing, and financing options with Japanese-technology (Isuzu and Suzuki) engine platforms.
Product overview
Akij Motors operates as a diversified automobile company in Bangladesh offering a broad portfolio of commercial vehicles, electric vehicles and motorcycles, garage equipment, motor servicing, spare parts, and CNG/LPG products. The product portfolio is organized into three interconnected pillars: (1) Commercial Vehicles — including mini trucks/pickups (Ponkhiraj 1000 KG, Bijoy 1.5 Ton), light duty trucks (Rajdut 4.0 Ton), medium duty trucks (Kamla Plus, Pahloan 16 CBM), and heavy duty cargo trucks (Rustom Plus, Sinotruk RofRof 7 Ton, Sinotruk Rajdolut 4 Ton, Sinotruk Kamla Plus 4 CBM) — all manufactured in China with Japanese technology Isuzu/Suzuki/Yuchai engines; (2) Electric Vehicles & Motorcycles — a growing lineup of electric bikes and vehicles including Ponkhiraj, Duronto, Durbar, Durdanto v6, Durjoy, Bondhu, Romeo, Dorian, Zenith, Neo, Electric Vehicle Songi, Golf Cart/Club Car, Recreation/Sightseeing Car, Delivery Van, plus three-wheeled electric models Sathi and Sathi Plus, available with lithium-ion or lead-acid batteries; and (3) Aftermarket & Services — a full range of garage workshop equipment (diagnostic scanners, lifts, paint booths), motor servicing and repair (transmission, engine, wheel alignment), genuine spare parts (mirrors, bearings, clutch plates, spark plugs), and CNG/LPG refueling station equipment. Akij Motors is a subsidiary of Akij Group, one of Bangladesh's leading private industrial groups.
Differentiator
Problem solved
Functional benefit
Brands
- Akij Electric Mobility: Electric vehicle and electric motorcycle brand under Akij Motors for eco-friendly transportation solutions
- Akij Motors (Bangla: আকিজ মটরস)
Products and services
- Ponkhiraj Electric Motorcycle
Quantifiable outcome
- Warranty coverage of 60,000 km or 2 years for engine, differential, and gearbox
- +2 more outcomes
Companies that use Akij Motors
Customer profileSegments3 records
Ideal customer profiles4 records
Akij Motors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Akij Motors partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Dhaka Chamber of Commerce & Industry (DCCI)minorDCCI organized a seminar on EV sector development with Akij Motors stakeholders. The seminar focused on energy policy, innovation, and market development for sustainable EV industry growth.
- Bangladesh Sustainable and Renewable Energy Association (BSREA)minorBSREA collaborated with DCCI and Akij Motors stakeholders on a seminar about EV sector challenges and opportunities, emphasizing public-private collaboration for sustainable energy development.
- Bangladesh BankminorAkij is among 13 applicants for establishing a digital bank in Bangladesh, indicating potential diversification into financial services.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Akij Motors competitors and assessment
Company assessmentBroad incumbents
- Hero MotoCorp: World's largest two-wheeler maker by volume with distribution in Bangladesh, competing with Akij Motors' electric and ICE motorcycle portfolio through dealer networks.
- TVS Motor Company: Indian two- and three-wheeler major with established Bangladesh presence; competes with Akij Motors across commuter motorcycles, electric two-wheelers, and three-wheelers.
- Tata Motors: India's largest commercial vehicle OEM with passenger vehicle and EV divisions; overlaps with Akij Motors in commercial trucks and the broader South Asia automotive market.
- Bajaj Auto: India's largest three-wheeler and motorcycle manufacturer with strong export presence in Bangladesh; competes broadly with Akij Motors across two-wheelers, three-wheelers, and small commercial vehicles.
Direct peers
- Bengal Commercial Vehicles: Bengal Group's automotive arm is a domestic truck and commercial vehicle assembler in Bangladesh that competes with Akij Motors on mini trucks and light commercial fleet vehicles.
- IFAD Autos: IFAD Autos assembles commercial vehicles in Bangladesh using Chinese and Japanese technology platforms, directly competing with Akij Motors' mini trucks, pickups, and light-duty trucks.
- Runner Automobiles Limited: Runner is one of Bangladesh's leading motorcycle manufacturers and a direct rival in the electric motorcycle / three-wheeler segment where Akij Motors competes with its Ponkhiraj, Bondhu and Sathi lines.
- Nitol Motors: Nitol Motors is a Bangladesh-based commercial vehicle assembler with overlapping truck and pickup lineups, placing it in direct competition with Akij Motors' commercial vehicle range.
- Walton Motors (Walton Hi-Tech Industries): Walton is a Bangladesh electronics and appliance conglomerate that has expanded into motorcycles and EVs, mirroring Akij Motors' conglomerate-rooted, multi-product automotive strategy and competing head-to-head in two-wheelers and light commercial.
Emerging players
- Euler Motors: Indian electric commercial vehicle startup focused on light commercial EVs and charging — comparable emerging EV-CV thesis to Akij Motors' electric delivery van and EV truck expansion plans.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Akij Motors social profiles
Digital presenceAkij Motors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Akij Motors leadership team
Management profileNumber of profiles
Profiles3 records
Akij Motors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Akij Motors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Akij Motors
What does Akij Motors do?
Akij Motors manufactures and sells commercial vehicles (mini trucks, light, medium, and heavy duty trucks, dump trucks, microbuses, prime movers), electric motorcycles and electric vehicles, automobile workshop equipment, CNG/LPG refueling station equipment, and genuine spare parts. The company operates a nationwide network of showrooms, authorized dealers, and service centers across Bangladesh, providing direct sales, after-sales servicing, and financing options with Japanese-technology (Isuzu and Suzuki) engine platforms.
Is Akij Motors a public or private company?
Akij Motors is a private company. It is classified as family owned and is currently operating.
When was Akij Motors founded?
Akij Motors was founded in 2010. It employs 251 to 500 people.
Where is Akij Motors based?
Akij Motors is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Akij Motors make money?
Five revenue lines are on record. Vehicle Sales are the primary driver. The others are spare Parts, motor Servicing, CNG/LPG Equipment and garage Equipment.
Who are Akij Motors's main competitors?
Broad incumbents on record are Hero MotoCorp, TVS Motor Company, Tata Motors and Bajaj Auto. Direct peers are Bengal Commercial Vehicles, IFAD Autos, Runner Automobiles Limited, Nitol Motors and Walton Motors (Walton Hi-Tech Industries). Euler Motors is listed as an emerging player.
Does Akij Motors have an API?
No public API is recorded for Akij Motors.
What industry is Akij Motors in?
Akij Motors's product category is Automotive Manufacturing. Its primary akta.pro industry code is IMACABAG, Specialty Truck Manufacturing (Fire/Rescue/Military-Commercial/Expedition), with a secondary code of CRAOANAJ, Heavy-duty truck, trailer & commercial vehicle parts distribution. Its NAICS code is 3361 and its SIC code is 3714.