← All Writing

EV Technology & Business: A Field Guide

2025 · May 1

A working reference for the technology and the business of electric mobility - charging, batteries, motors, and markets - with a Bangladesh focus throughout. Use the tabs to move between domains.

// Interactive Reference

EV Tech & Business

Charging · Batteries · Motors · Markets · Bangladesh focus

Charging levels at a glance

Level 1 (AC)1.4-2.4 kW120V socket · 8-20 hr full charge
Level 2 (AC)3.7-22 kW240V EVSE · 3-8 hr · home & work
DC Fast (L3)50-350 kWCCS / CHAdeMO · 20-80% in 20-40 min
Ultra-Fast (HPC)350 kW-1 MW800V architecture · 5-15 min top-up

Connector standards

StandardTypeMax powerRegionsStatus
CCS2AC+DC combo350 kWEurope, India, BDGlobal standard
CCS1AC+DC combo350 kWNorth AmericaDominant NA
NACS (J3400)AC+DC350 kWUSA, expandingRising
CHAdeMODC only400 kWJapanDeclining
GB/TAC+DC250 kWChinaChina dominant
Type 2 (Mennekes)AC (DC in CCS2)43 kW ACEurope, BDEU AC standard
🇧🇩 Bangladesh / South Asia: CCS2 + Type 2 is the regulatory direction, following the EU and India. Most imported EVs (Hyundai Ioniq, BYD Atto) use CCS2; Chinese three-wheelers use GB/T or proprietary connectors.

AC vs DC charging

ParameterAC slow (L1/L2)DC fast (50-150 kW)DC ultra-fast (>150 kW)
Converter locationIn vehicle (OBC)In charger (off-board)In charger (off-board)
Infrastructure cost$500-3,000$25,000-60,000$80,000-250,000+
Battery stressLowMedium-HighHigh (thermal-critical)
Use caseOvernight home / fleetDestination, depotHighway, transit hub
ROI timeline2-3 years4-6 years6-10 years

Charging business models

CPO - Own & operateOwn the chargers, sell energy at a markup (2-3× grid rate). Most capital-intensive; needs grid connection, permits, land. Tesla Supercharger, Ionity.
EVSE manufacturer / distributorSell hardware to CPOs, fleets, property owners. Higher margin with add-on services (warranty, OCPP licensing, CMS). ABB, Webasto, Star Charge.
Charging-as-a-Service (CaaS)Provider funds and owns the hardware; host gets free install plus a revenue share. Removes host CAPEX barrier - very BD-relevant for malls, hotels, petrol pumps.
Fleet energy management (B2B SaaS)Sell CSMS / fleet software - load balancing, scheduling, billing. High-margin recurring revenue. ChargePoint, Monta, Virta.
Battery swap networkMonthly subscription per vehicle ($5-20 for 2-wheelers in BD). Station CAPEX ~$15-50k. Key barrier: standardising packs across OEMs. Oyika (BD), Gogoro, NIO.
BD grid challenge: Load shedding and ±10% voltage swings demand chargers with wide voltage tolerance (85-265V) and buffer integration - a real technical selling point, not a footnote.

Battery chemistry comparison

ChemistryEnergy densityCycle lifeCost $/kWhSafetyBest use
LFP (LiFePO₄)120-160 Wh/kg3,000-6,000+$80-100ExcellentFleet, buses, BD market
NMC 811200-280 Wh/kg1,500-2,000$110-140ModeratePassenger cars (range)
NCA220-300 Wh/kg1,000-1,500$120-150LowTesla premium
LMFP160-200 Wh/kg3,000-5,000$90-110GoodNext-gen affordable
Solid-state300-500 Wh/kg*5,000+*$200-400+Excellent2027-2030 commercial
Lead-acid30-50 Wh/kg300-500$50-80ModerateLow-speed BD 3-wheelers
🔑 Key insight for BD: LFP dominates affordable EVs, e-buses, and three-wheelers - no cobalt, stable in heat (28-35°C average), long calendar life. BYD Blade and CATL LFP cells lead imports.

Cell formats & pack terms

Cylindrical (Tesla 2170/4680) Prismatic (CATL, BYD) Pouch (LG, SK On) Blade / LFP (BYD) CTP - Cell-to-Pack CTC - Cell-to-Chassis SOC / SOH / DOD BMS C-rate

Battery OEM pricing (2024-25)

OEMCountryChemistry$/kWhBD availability
CATLChinaLFP, NMC, LMFP$75-95Via Chinese EVs
BYDChinaLFP Blade$70-90Direct (BYD imports)
LG Energy SolutionKoreaNCM, NCA$95-120In imported EVs
Samsung SDIKoreaNMC prismatic$100-130Indirect
PanasonicJapanNCA, NMC$100-130Indirect
Exide / Amara RajaIndiaLead-acid, LFP$55-80Low-speed BD EVs

Limitations

🔬 Technical

Thermal runaway in NMC/NCA needs active cooling (critical in BD heat). Fast-charge above 1C accelerates degradation. LFP self-discharge 2-3%/month. Below 80% SOH = EV retirement; repurpose for stationary storage.

💼 Business & political

Cobalt is 70% DRC-sourced (ESG risk). Lithium price swung $80k → $12k/ton (2022-24). CATL + BYD = over half of global cells; US/EU tariffs rising. BD battery import duty 25-37%. Almost no formal Li-ion recycling in BD.

Motor type comparison

TypeEfficiencyPower densityCostBest for
PMSM (perm. magnet sync)93-97%Very highMedium-HighPassenger cars (Tesla, BYD)
BLDC (brushless DC)85-95%HighMedium2/3-wheelers, BD e-rickshaws
Induction (AC IM)88-95%MediumLowTesla S/X front, commercial
SRM (switched reluctance)88-95%MediumLowExperimental, no rare earth
Axial flux95-98%Extremely highVery highHigh-performance, aircraft

Key parameters

Peak power50-800 kW2-wheeler 1-10 · 3-wheeler 5-15 · car 100-500
Peak torque100-1,000 NmInstant torque = EV's core advantage
Voltage48-800VBD 3-wheelers 48-72V · cars 400/800V
Efficiency peak93-97%vs ICE 25-35%

PMSM vs BLDC vs Induction

ParameterPMSMBLDCAC Induction
RotorBuried magnets (NdFeB)Surface magnetsSquirrel cage
Rare-earth dependencyHigh (Nd, Dy)ModerateNone
Part-load efficiencyExcellentGoodDrops off
Cost premium+30-50% vs inductionModerateBaseline
BD 3-wheeler useLess common (cost)DominantSome imported buses
⚠️ Rare-earth risk: PMSM needs Neodymium and Dysprosium; China controls ~85% of rare-earth processing. Magnet-free motors (SRM, WRSM, induction) are gaining interest - a real sourcing-strategy talking point.

Bangladesh snapshot (2024-25)

E-rickshaws~1.5MMostly unregistered; largest EV segment
Registered 4-wheel EVs~2-5kUp from near-zero pre-2022
EV duty0-25%Cut from 200%+ effective (2023 budget)
Govt target30%EV share of new registrations by 2030

What's working vs failing

SegmentStatusWhy
E-rickshaws / nasimansWorkingLow cost ($1.5-3k), instant fuel savings, informal financing, simple tech
Battery swap (Oyika)GrowingSolves charging gap; subscription removes battery cost barrier
Premium passenger EVEarlyHigh duty, thin charging, upper-middle class only
E-bus (BRTC)PilotGrid instability + depot charging cost; donor-funded, slow
Public charging networkNascentFew chargers, low utilisation, no interoperability, slow permits
EV freight / last-mileOpportunityPathao/Shohoz exploring; TCO compelling, charging is the bottleneck

Comparable markets - lessons

🇮🇳 India - closest comparable

FAME II subsidy, Ola Electric (>1M scooters/yr), Tata EV cars, 15,000+ public chargers. Failing: sparse highway DCFC, subsidy dependency. Lesson: start with fleet/commercial, not personal; swap works for 2/3-wheelers; policy consistency is critical.

🇻🇳 Vietnam - fast mover

VinFast with govt backing, aggressive e-scooter adoption, EV mandate for public transport by 2030. Failing: proprietary "walled-garden" charging. Lesson: a domestic champion can catalyse a market; interoperable standards prevent lock-in.

🇵🇰 Pakistan - very similar to BD

E-rickshaws (>200k), NEVP 2025, Chinese partnerships. Failing: FX crisis killed imports, outages, informal-pack fires. Lesson: FX management is critical; local CKD assembly cuts import exposure.

Numbers to know

$75-95$/kWh LFP cell (2024)
$40kDC 60 kW charger, installed
>15%Utilisation for CPO viability
98%+Uptime SLA, commercial EVCS
OCPP 2.0.1Current charger protocol
$0.09-0.11BD electricity $/kWh (commercial)
3,000-6,000LFP cycle life
80%SOH = EV battery retirement
85%China share of rare-earth processing

Terminology

TermMeaningWhy it matters
OCPPOpen Charge Point Protocol (charger ↔ CSMS)Interoperability; specify the version in RFPs
OCPICPO-to-CPO roaming protocolCross-network charging, like carrier roaming
ISO 15118V2G / Plug & Charge standardNext-gen differentiator in proposals
CPO / eMSPCharge Point Operator / e-Mobility Service ProviderInfrastructure owner vs customer-facing layer
C-rateCharge/discharge rate vs capacityBattery stress: 0.1-0.5C overnight, 2-5C DCFC
TCOTotal Cost of OwnershipThe primary sales argument for fleet EV shift
EVSEElectric Vehicle Supply EquipmentThe proper term for the "charger" hardware
CKD / SKDCompletely / Semi Knocked Down kitsBD local-assembly duty-benefit strategy

TCO example - e-rickshaw vs CNG auto (BDT)

Cost itemCNG autoE-rickshaw
Vehicle cost3-4 lakh1.5-2.5 lakh
Daily energy400-600/day (CNG)80-120/day (grid)
Battery replacement (3 yr)N/A30-50k
Maintenance / year20-40k5-10k
3-year TCO~7-9 lakh~4-5 lakh
💡 The pitch: In Bangladesh the EV value proposition is strongest in commercial fleet - rickshaws, buses, last-mile - where TCO saving is 30-50% over three years. The bottleneck is charging reliability and battery financing, not technology readiness.