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2026 KCP Application
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Palki Motors Limited
Org Type
For Profit
Year Founded
2022
Winner or Finalist
2025 Finalist
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
How Project Affects Greenhouse Gas (GHG) Emissions:
['Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses)', 'Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption)']
Impact on Underrepresented Groups:
Palki Motors empowers climate-vulnerable communities, particularly low-income commercial drivers in Bangladesh, by enabling access to affordable electric vehicles (EVs). Many of these drivers, who often come from marginalized backgrounds, are trapped in exploitative rental systems and rising fossil fuel costs. By providing financing options for EV ownership, we uplift these individuals economically while reducing their carbon footprint. Our EVs also create a ripple effect, benefiting passengers with cost-effective, cleaner transportation and fostering environmental awareness in communities that are typically overlooked in the climate movement. Within our organization, we prioritize inclusivity and equal opportunity. Palki Motors maintains a gender-sensitive work environment, reflected in our hiring practices and gender sensitivity training for staff. Our workforce includes youth and individuals from diverse backgrounds, ensuring the representation of underprivileged groups in decision-making processes. Moreover, by localizing manufacturing and sourcing, we create jobs in underserved regions, contributing to socio-economic development. Our efforts align with climate justice by addressing both environmental and economic disparities, ensuring that the transition to clean energy transportation benefits those who need it most. This commitment makes Palki Motors a model for inclusive, impactful climate action in developing nations.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Website:
https://palkimotors.com/
Mission Statement:
Palki Motors Limited is dedicated to revolutionizing the transportation industry in Bangladesh and beyond by manufacturing affordable, sustainable electric vehicles tailored for commercial drivers. Our mission is to economically empower drivers while reducing the environmental impact of traditional fossil fuel vehicles.
Link: Facebook:
https://www.facebook.com/palkimotors/
Link: LinkedIn:
https://www.linkedin.com/company/80840068/admin/dashboard/
Sources of Past Funding:
Individual donations
Foundation grants
Corporate contributions
Government grants
Membership fees
Events and fundraisers
Earned income
Corporate partnerships
Bequests and planned giving
In-kind donations
Impact investing
Crowdfunding
Endowments
Bootstrapped
Equity
Debt
Carbon offsets or credits
Other