NDB Bank partners Browns to drive future of Electric Vehicles

Monday, 17 November 2025 00:02 - - {{hitsCtrl.values.hits}}

Representatives of NDB Bank and Browns EV mark the signing of a strategic MoU

NDB Bank has entered into a strategic partnership with Browns EV Ltd., through the signing of a Memorandum of Understanding (MoU), reinforcing its commitment to supporting sustainable and affordable leasing solutions in Sri Lanka.

This collaboration will enable customers to access Browns EV’s newly launched Wuling Electric Vehicle range with attractive and flexible financial solutions, making the shift to electric driving more attainable for Sri Lankans.

Backed by a legacy of over 150 years in the automotive industry and further strengthened under the LOLC Group, Browns EV has taken a pioneering step in introducing globally recognised Wuling Electric Vehicles to the Sri Lankan market.

The newly introduced Wuling EV lineup offers a comprehensive range catering to diverse customer segments. The Wuling Cloud, priced at an introductory Rs. 12.4 million all-inclusive, delivers a powerful, spacious, and comfortable driving experience, ideal for families seeking both performance and refinement. The Wuling Binguo, at Rs. 8.1 million all-inclusive, presents a stylish, cozy, and feature-packed solution tailored for young professionals looking for modern convenience and design. In addition, Browns EV has also unveiled the highly affordable BAW E6 and E7 models, priced at Rs. 4.6 million and Rs. 4.7 million respectively, making affordable brand-new vehicle ownership an achievable reality for all Sri Lankans.

NDB Bank Assistant Vice President – Leasing Dilum Amarasinghe said: “Electric vehicles are no longer a distant dream but an attainable reality for Sri Lankans. Through this partnership with Browns EV, we are proud to extend tailored leasing solutions that make owning reliable, high-quality EVs both convenient and affordable. This is part of NDB’s commitment to fostering sustainable choices while enabling individuals and businesses to drive forward with confidence.”

Browns EV Director/CEO Pavithra Jayasekara said: “At Browns EV, our vision is to build a complete ecosystem that empowers every Sri Lankan to embrace green mobility with confidence. The launch of the Wuling and BAW range showcases our drive to deliver brand-new, innovative, and stylish vehicles that remain affordable to all. Through our partnership with NDB Bank, we are taking a significant step toward creating holistic solutions that combine advanced EV technology with inclusive financing, enabling more Sri Lankans to confidently transition to a sustainable future.”

Through this partnership, NDB Bank will provide tailor-made leasing facilities, with benefits such as flexible repayment plans, speedy approvals, and unmatched customer service. With its extensive branch network and dedicated leasing centres, NDB is well-positioned to extend financial accessibility for EV ownership across the island.

This collaboration underscores NDB Bank’s unwavering commitment to supporting sustainable innovation while empowering individuals and businesses with next-generation financial solutions. Together with Browns EV, NDB is enabling Sri Lankans to embrace electric driving, contributing towards a greener and more resilient nation.