For lead-acid, Rahimafrooz is the undisputed market leader — largest plant in South Asia, 70+ export countries; Panna and Navana are solid value alternatives. For lithium swapping and BaaS, Tiger New Energy leads with ADB Ventures backing and Forbes Asia recognition. Walton Digi-Tech is building the largest local lithium assembly line (targeting 80,000 units/year, mid-2026). BASE Technologies and SARBS are the established telecom lithium pioneers, Norban focuses on LiFePO4, and Eastern Battery is the go-to for IPS/UPS tubular batteries with 50+ years of specialization.
Bangladesh's battery market is evolving rapidly as rising production costs and growing demand for energy storage reshape the industry. Lead-acid batteries still dominate the market due to strong demand from the automotive and backup power sectors, but the Bangladesh lithium-ion battery market is expected to grow at a CAGR of 7–11% and is projected to reach USD 435 million by 2030, driven by telecom tower operators switching from lead-acid backup, rising consumer electronics demand, and the gradual electrification of the three-wheeler fleet. The June 2025 duty cut on battery raw materials further accelerated local assembler activity.
One structural reality applies to every lithium-ion company on this list: no manufacturer in Bangladesh produces battery cells domestically — all import cells from China, South Korea, or Japan. The real differentiators are BMS engineering depth, thermal management, application expertise, and service network reach.
Main content:
- Quick Answer
- Quick Comparison: Top 10 Battery Manufacturers
- 3 Common Mistakes When Buying Batteries in Bangladesh
- Top 10 Battery Manufacturers in Bangladesh (2026)
- Final Thought
-
FAQs
- Do any manufacturers in Bangladesh produce their own lithium battery cells?
- What is the real difference between a full lead-acid manufacturer and a lithium-ion assembler?
- Is Tiger New Energy a good fit for every buyer in the EV segment?
- How do I properly evaluate a local assembler's BMS?
- Is it better to buy batteries imported from China or from a local assembler?
Quick Comparison: Top 10 Battery Manufacturers in Bangladesh
| No. | Company | Type | Core Segment | Key Strength |
|---|---|---|---|---|
| 1 | Rahimafrooz Batteries Ltd. | Lead-acid (full) | Automotive, solar, industrial, inverter | Largest in South Asia; ~74% local share |
| 2 | Tiger New Energy | Li-ion startup (BaaS) | EV swapping, telecom | 100+ swap stations; ADB Ventures backed; Forbes Asia 100 to Watch |
| 3 | Walton Digi-Tech | Li-ion assembler (strategic supply & manufacturing tech contract with Huawei) | Telecom BTS, solar IPS | 80,000 units/year; production started Feb 2025 |
| 4 | Panna Battery Limited | Lead-acid (full) | Automotive, solar, industrial | Vertically integrated; Superbrands Award |
| 5 | BASE Technologies Ltd. | Li-ion assembler | Telecom backup, solar ESS | Pioneer in local Li-ion; cited in Mordor reports |
| 6 | SARBS Communications Ltd. | Li-ion assembler + in-house BMS | Telecom BTS, EV packs | In-house BMS R&D; custom configuration |
| 7 | Navana Battery | Lead-acid | Automotive, IPS, EV rickshaw | Navana Group conglomerate backing |
| 8 | Saif Powertec Limited | Lead-acid | Solar, UPS, industrial, EV | DSE-listed; tall tubular 100–200Ah series |
| 9 | Norban Altilium Ltd. | Li-ion assembler (LiFePO4) | Telecom, solar, custom packs | LiFePO4 chemistry; dedicated assembly infra |
| 10 | Eastern Battery | Lead-acid (tubular specialist) | IPS/UPS, solar | 50+ years in tubular batteries |
Data sourced from Mordor Intelligence, DataInsightsMarket, ADB Ventures, EDOTCO Group, The Business Standard, Daily Sun, and PR Newswire. Figures are accurate as of June 2026 — verify with manufacturers directly, as details may change. For informational purposes only; not professional advice or endorsement.
3 Common Mistakes When Buying Batteries in Bangladesh
Mistake 1: "All lithium-ion batteries are the same — just buy the cheapest."
Reality: Cheap packs often use low-grade or recycled cells, lack a proper Battery Management System (BMS), and fail quickly in Bangladesh's hot climate.
What to check: Ask the supplier for the cell brand (e.g., CATL, EVE, Lishen, BYD — these are reputable) and confirm the pack includes a BMS with temperature cutoff. Tiger New Energy, SARBS, and BASE Technologies all publicly emphasize BMS integration.
Mistake 2: "A long warranty automatically means quality."
Reality: A warranty is only as good as the company's service network. Several assemblers have come and gone after one production batch.
What to check: Visit the service center in person. For lead-acid, Rahimafrooz and Panna have nationwide networks. For lithium, Tiger's swap stations (100+ locations) and Walton's retail presence are verifiable.
Mistake 3: "I can just replace my e-rickshaw's lead-acid battery with any lithium pack."
Why users want to switch: Lead-acid batteries are bulky, extremely heavy, very slow to charge (8–10 hours), and typically fail in less than a year of daily e-rickshaw use. Lithium batteries are a game-changer — they provide sustained high-current discharge, stronger power output, faster charging, and much longer cycle life.
The compatibility reality: However, not every lithium pack works in every e-rickshaw. E-rickshaws require a specific voltage (usually 48V or 72V) and a pack that can deliver high continuous discharge current. Using an incompatible lithium pack (wrong voltage or insufficient current rating) can damage the motor or cause overheating — but this is a pairing issue, not a flaw of lithium technology.
What to check: Confirm the required voltage and peak discharge current rating (e.g., 50A continuous, 100A burst) with your vehicle manufacturer. Tiger New Energy and SARBS offer packs specifically designed for e-rickshaws, with matching voltage and current ratings.
Top 10 Battery Manufacturers in Bangladesh (2026)
1. Rahimafrooz Batteries Ltd.
| Founded | 1954 |
| Headquarters | Dhaka, Bangladesh (plant in Gazipur) |
| Type | Full lead-acid manufacturer (also entering lithium-ion in 2026) |
| Key Products | 200+ varieties: automotive, motorcycle, IPS/inverter, solar, industrial, traction batteries |
| Verifiable Strengths | Largest battery manufacturer in South Asia; exports to 70+ countries; ~74% local market share (per multiple industry reports); listed on Dhaka Stock Exchange (RBL) |
Rahimafrooz Batteries Ltd. (RBL) is undisputedly Bangladesh's largest battery manufacturer. Founded in 1954 by Abdur Rahim, the company has grown into a conglomerate. Its Gazipur plant is the largest battery production facility in South Asia. RBL exports to over 70 countries across Europe, the USA, the Middle East, and Southeast Asia under its own brand. The company also operates a fully integrated lead recycling facility, ensuring environmental compliance.
Recent lithium move: In early 2026, Rahimafrooz announced a strategic partnership with China's Tianneng to locally produce lithium-ion batteries for low-speed electric vehicles – a significant step for the company.
Why choose it: Brand trust, nationwide service network, ISO-certified manufacturing, and now entering lithium-ion. Best for automotive, inverter, and solar lead-acid batteries.
What to watch: While Rahimafrooz is now entering lithium, its core strength remains lead-acid. Buyers needing large-scale lithium today should verify availability of the new Tianneng-partnered products.
2. Tiger New Energy
| Founded | 2021 |
| Headquarters | Dhaka, Bangladesh (46 Gulshan Avenue) |
| Type | Lithium-ion startup; Battery-as-a-Service (BaaS) model |
| Key Products | LFP swappable battery packs + 100+ swap stations nationwide |
| Verifiable Strengths | Total funding USD 3.5M (ADB Ventures + Wavemaker Partners); Forbes Asia 100 to Watch 2024; MoU with EDOTCO Bangladesh (July 2025) |
Tiger New Energy is the most high-profile battery startup in Bangladesh. Founded by Nicole Mao and Yiwei Zhu (Harvard Business School alumni), the company has built a network of over 100 battery swapping stations across the country. Its core product is LFP (Lithium Iron Phosphate) packs with GPS tracking and thermal management, offered under a subscription model for e-rickshaw and easy-bike drivers.
In July 2025, Tiger signed an MoU with EDOTCO Bangladesh, the leading telecom tower operator, to deploy battery backup and swapping solutions at tower sites.
Why choose it: Proven BaaS model with growing swap infrastructure, strong investor backing, and Forbes recognition. Best suited for e-rickshaw operators, last-mile delivery fleets, and businesses exploring subscription-based energy management.
What to watch: Startup stage – total funding is modest compared to established manufacturers. BaaS coverage is still concentrated in major cities, also Tiger's model is built around battery swapping — the swap-compatible packs are typically priced higher than standard batteries. This model is most cost-effective for operators with high daily utilization where downtime elimination justifies the subscription structure.
3. Walton Digi-Tech Industries Ltd.
| Founded | 1977 |
| Headquarters | Gazipur, Bangladesh (Hi-Tech Park, Chandra) |
| Type | Lithium-ion assembler |
| Key Products | 48V 100Ah Li-ion packs for telecom BTS, solar hybrid IPS |
| Verifiable Strengths | Fully automated plant: 80,000 units/year capacity; investment Tk 15 crore (USD ~1.8M); production began Feb 2025; Huawei provides technical & raw material support |
Walton Digi-Tech's September 2024 partnership with Huawei is a landmark for Bangladesh's battery industry. The agreement, witnessed by the Chinese Ambassador, establishes a state-of-the-art automated line dedicated to lithium battery packs for telecom BTS and solar systems. Walton handles nationwide sales and service, while Huawei supplies technology and materials.
Why choose it: Largest local lithium assembly capacity; Huawei's technical backing; Walton's vast retail network. Best for telecom operators (Grameenphone, Robi, etc.) and solar installers.
Limitation: The facility is not yet at commercial mass production scale as of mid-2026. Cells remain imported. Buyers with immediate large-volume requirements should confirm current production status before contracting.
4. Panna Battery Limited
| Founded | 1980 (as Panna Battery Co.); incorporated 2006 |
| Headquarters | Kamrangirchar, Dhaka (576,000 sq ft facility) |
| Type | Full lead-acid manufacturer (vertically integrated) |
| Key Products | Automotive, solar, industrial, EV rickshaw batteries (branded "VOLVO") |
| Verifiable Strengths | Exports to 40+ countries; Superbrands Award 2025-26; fully integrated from lead recycling to finished batteries; part of Panna Group (45 years, 5,000+ employees) |
Panna Battery is one of Bangladesh's largest lead-acid manufacturers. The company is fully vertically integrated – it recycles lead, refines it, produces lead alloys, makes plates, molds enclosures, and assembles finished batteries – all in one 576,000 sq ft facility. Panna exports to more than 40 countries across Asia, the Middle East, and Europe. In 2025-2026, it received the Superbrands Award.
Why choose it: Strong export track record, vertical integration (cost and quality control), Superbrands recognition. Best for automotive, solar, and industrial lead-acid users.
What to watch: Panna's entire product line remains lead-acid.
5. BASE Technologies Ltd.
| Founded | 2012 |
| Headquarters | Dhaka, Bangladesh (106 Gulshan Avenue) |
| Type | Lithium-ion assembler (imports cells, local integration) |
| Key Products | LiGRT-branded Li-ion packs for telecom and solar ESS |
| Verifiable Strengths | Recognized as a key player in Bangladesh's lithium-ion market by Mordor Intelligence (2025) and DataInsightsMarket (2025); BMS-integrated packs |
BASE Technologies began as an IT and telecom equipment company and pivoted into energy storage. It is consistently cited in independent market research as one of the early movers in local Li-ion assembly. Its flagship product is the LiGRT series, designed for telecom backup and solar applications.
One of their products is a 72V 50Ah lithium-ion battery pack, branded LiGRT, used for telecom backup and solar/renewable storage.
Why choose it: Early mover advantage in local Li-ion assembly, cited in reputable industry research, BMS integration. Best for telecom and solar projects seeking locally assembled lithium packs.
What to watch: The company's background is IT, not traditional battery manufacturing – enterprise buyers should request detailed specifications.
6. SARBS Communications Ltd.
| Founded | 2011 |
| Headquarters | Dhaka, Bangladesh |
| Type | Lithium-ion assembler with in-house BMS R&D |
| Key Products | 48V LiFePO4 packs for telecom BTS; EV battery packs |
| Verifiable Strengths | Recognized alongside BASE as a key Li-ion player by Mordor Intelligence (2025); in-house BMS development and testing capabilities |
SARBS Communications stands out for its in-house Battery Management System (BMS) R&D – a rare capability in Bangladesh. The company designs and tests its own BMS for custom voltage, temperature monitoring, and protection features. SARBS manufactures packs for telecom towers, data centers, and electric vehicles.
Why choose it: Proprietary BMS engineering; custom configuration ability; telecom-focused expertise. Best for operators needing application-specific lithium batteries.
SARBS Communications Ltd. locally assembles 48V LiFePO4 (Lithium Iron Phosphate) battery packs primarily used in telecommunications, data centers, and industrial robotics. Their 48V pack is a compact lightweight drop-in upgrade for traditional 12V/48V lead-acid setups, engineered to manage higher discharge rates while offering longer battery cycle and float life. For enterprise buyers with critical uptime requirements, buyers should ask for reference deployments in comparable operating conditions and clarify the long-term firmware support roadmap before committing to large volumes. Check 100Ah lithium batteries for more information.
7. Navana Battery
| Founded | 1991 |
| Headquarters | Dhaka, Bangladesh (Rupayan Center) |
| Type | Lead-acid manufacturer (diversified from generators & port equipment) |
| Key Products | Passenger car battery, Commercial vehicle battery, IPS/Inverter Battery, Solar battery, Motorcycle battery, Industrial Battery, Marine battery, Electric Vehicle battery, UPS battery & Electric Tricycle/Rickshaw battery |
Navana Batteries Limited is a subsidiary of Navana Group, one of Bangladesh's established business conglomerates. In operation since around 2002, the company manufactures lead-acid batteries across a wide range of applications: automotive, IPS/inverter, solar, industrial, and EV/rickshaw use. One of the few Bangladeshi lead-acid manufacturers with confirmed exports to developed markets — Navana exports to the UK, Australia, Germany, Netherlands, and Canada — a meaningful differentiator that signals international quality compliance.
Navana's featured IPS/inverter technology centers on tall tubular NKP-series batteries for deep-cycle and high-performance applications. The range runs from 50Ah to 200Ah, 12V batteries designed for home and commercial inverter systems, using thick tubular plates for positive electrodes and flat-type negative plates with PE separators.
Why choose it: Established export presence in developed markets, wide product range, and tall tubular technology for deep-cycle applications.
What to watch: As Bangladesh's EV market transitions from lead-acid to lithium (particularly in the e-rickshaw segment, which absorbed 60% of national lead-acid output in 2025 per Mordor Intelligence), Navana's long-term positioning in the EV segment remains to be confirmed.
8. Saif Powertec Limited
| Founded | 1991 |
| Headquarters | Dhaka, Bangladesh (Rupayan Center) |
| Type | Lead-acid manufacturer (diversified from generators & port equipment) |
| Key Products | Tall tubular battery series (100Ah–200Ah) for solar, UPS/IPS, EV rickshaw |
| Verifiable Strengths | Listed on Dhaka Stock Exchange; tall tubular technology with splash-resistant valve design; modern manufacturing facilities |
Saif Powertec Limited started as a company focused on generators, transformers, and port operations. It has since expanded into battery manufacturing and renewable energy solutions — a diversification path that reflects Bangladesh's broader industrial shift toward energy storage. Saif Powertec uses high-grade materials and modern manufacturing methods and is now established as a lead-acid battery manufacturer serving passenger cars, commercial vehicles, electric vehicles, electric rickshaws, and deep-cycle applications for UPS/IPS and solar.
Saif Powertec's standout product line is its tall tubular battery series ranging from 100Ah to 200Ah — well-suited for solar and backup power applications. These batteries feature robust construction, long service life, and splash-resistant valve mechanisms.
Why choose it: Diversified industrial parent company, DSE-listed, tall tubular technology for solar and backup, and modern manufacturing methods.
What to watch: Saif Powertec's battery division is a later-stage expansion of a company whose core competency is generators and port equipment — not battery chemistry or electrochemistry R&D. Buyers should request independent cycle life and performance data before large-scale procurement.
9. Norban Altilium Ltd.
| Founded | 2020 |
| Headquarters | Assembly plant: Bangabandhu Hi-Tech Park, Kaliakoir, Gazipur |
| Type | LiFePO4 lithium-ion assembler |
| Key Products | LIIBATT series – 48V 100Ah LiFePO4 packs for telecom, solar, EV |
| Verifiable Strengths | Part of Norban Group (garments conglomerate); dedicated assembly infrastructure (cell testers, BMS testers, aging cabinets) |
Norban Altilium is one of the newer entrants on this list, established in 2020 with a specific focus on eco-friendly energy solutions through locally assembled LiFePO4 lithium-ion battery packs. Even though they import LiFePO4 cells (lifepo4 vs lead acid), they integrate lithium into a custom battery system for various applications. Norban's initial product focus is the LIIBATT series 48V 100Ah LiFePO4 battery pack, described as an ecologically viable alternative power storage solution. The company invests in quality assembly infrastructure: cell testers, BMS testing equipment, aging cabinets, and automated assembly lines are all part of their production setup.
Why choose it: LiFePO4 chemistry (safer, longer cycle life), 5-year warranty claim, dedicated assembly infrastructure, and corporate backing from the Norban Group.
What to watch: Norban is still a relatively young operation. Enterprise buyers should treat the 5-year warranty claim as a starting point for due diligence rather than a final assurance, and consider a pilot deployment before committing to large volumes.
10. Eastern Battery
| Founded | 1969 (brand established) |
| Headquarters | BSCIC Industrial Estate, Dhaka |
| Type | Lead-acid manufacturer (tubular battery specialist) |
| Key Products | Eastern eMax 6ETT series: 120T, 150T, 200T, 220T, 230T (tall tubular industrial batteries) |
| Verifiable Strengths | Operating for 50+ years; specialized in IPS/UPS and solar tubular batteries; 36-month service support advertised; products widely available (e.g., on Daraz) |
Eastern Battery has built a strong identity in Bangladesh's power backup sector, operating for over 50 years and specializing specifically in IPS/UPS and solar applications. The company operates an in-house manufacturing facility at BSCIC Industrial Estate, producing tubular industrial-type batteries. Specialization in tubular batteries for IPS and solar has allowed it to build depth in this specific segment.
Eastern Battery's current product line covers tall tubular industrial batteries: the 120T, 150T, 180T, 200T, 220T, and 230T series, all at 12V capacity with up to 36 months of service support. The IPS battery series is designed for inverters and backup systems in homes, offices, and small industries. Eastern has announced planned expansion into EV batteries, commercial vehicle batteries, PC batteries, and lithium-ion technology — though confirmed launch timelines for lithium products are not publicly available.
Why choose it: Over 50 years of market presence, specialized tubular technology for IPS/UPS and solar, proven reliability, and wide availability through the Eastern Batteries network.
What to watch: Buyers needing lithium batteries today should look to Tiger New Energy, SARBS, Norban, or Walton Digi-Tech on this list. Eastern's specialization in IPS/UPS tubular batteries also means limited automotive or EV battery track record compared to Navana or Rahimafrooz.
Final Thought
Bangladesh's battery industry is at an inflection point. The lead-acid segment remains dominant, with Rahimafrooz as the undisputed market leader – reliable, widely available, and now cautiously stepping into lithium. Panna and Navana offer strong alternatives for value-conscious lead-acid buyers.
For lithium-ion, the landscape is more fragmented but exciting. Tiger New Energy leads the BaaS model for e-rickshaws with verifiable swap stations and investor backing. Walton Digi-Tech's Huawei-backed plant is the largest local lithium assembly facility. BASE and SARBS are the recognised pioneers in telecom lithium, while Norban focuses on LiFePO4 chemistry.
Before buying, always:
- Verify the supplier's service network in your area.
- Ask for the cell brand and BMS specifications.
- Get a written warranty and check the company's registration history.
With government incentives for EV adoption and falling global lithium prices, 2026 is a good year to consider switching from lead-acid to lithium – but choose only manufacturers with verifiable track records and local support.
FAQs
Do any manufacturers in Bangladesh produce their own lithium battery cells?
No — every lithium-ion company on this list imports cells from China, South Korea, or Japan. This is a market-wide reality, not a weakness of any individual company. What differentiates local assemblers is BMS engineering, thermal management, and after-sales support.
What is the real difference between a full lead-acid manufacturer and a lithium-ion assembler?
A full lead-acid manufacturer like Rahimafrooz or Panna controls the entire chain — lead recycling, plate production, and final assembly. A lithium-ion assembler starts from imported cells and builds upward, adding a BMS, enclosure, and thermal management. Their value lies in system integration, not cell chemistry.
Is Tiger New Energy a good fit for every buyer in the EV segment?
Not for everyone. Tiger's BaaS model works best for high-utilisation operators like e-rickshaw fleets, where eliminating charging downtime has a direct income impact. Swap-compatible packs are priced above standard batteries, so buyers who prefer outright ownership are better served by conventional suppliers like SARBS, Norban, or BASE.
How do I properly evaluate a local assembler's BMS?
Ask for the cell brand, whether the BMS is self-developed or third-party, the temperature cutoff specification, and the firmware update policy. For critical applications like telecom towers, request reference installations in comparable operating conditions before committing at scale.
Is it better to buy batteries imported from China or from a local assembler?
Origin matters less than traceability and support. Reputable Chinese brands like CATL or BYD have mature quality controls, but no local service network. Locally assembled packs offer application-specific configuration and warranty enforcement within Bangladesh — the real risk with cheap imports is unverifiable cell provenance and no recourse when something fails.
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