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RFL starts exporting electronic bicycles


Published : 03 Mar 2024 10:57 PM

RFL, country's leading business conglomerate, has started exporting electronic bicycle (e-bike). Recently, a consignment of e-bike has been sent to Germany from its factory of Rangpur Metal Industries Limited, a concern of RFL Group, located in Habiganj Industrial Park at Shayesta­ganj in Habiganj.

Mahmudur Rahman, Chief Operating Officer at Rangpur Metal Industries Limited, said, “E-bike has steadily gained popularity around the world as a convenient and environmentally friendly alternative to traditional bicycle and motorized vehicle. 

As a result, it is in great demand all over the world, especially in European countries. The global market size for e-bikes is USD 40 billion and it is gradually growing. In this context, we have started exporting e-bike. ”

He also said, “We are in talks with buyers from different countries including Brazil and the UK for e-bike export. We hope that RFL's e-bikes will be able to establish a strong position in the global market and contribute to the diversification of Bangladesh's export products.”

RFL started manufacturing and marketing of electronic bicycle (e-bike) for the country’s market for the first time in February.