Colombo, Sri Lanka – June 28, 2024: Evolution Auto is pleased to announce the launch of its first electric vehicle lineup—a pioneering joint venture among Sensei Capital Partners, Atman Group, and Sino Lanka Private Limited—designed to transform the sustainable transportation landscape in Sri Lanka. Guided by its mission to bring advanced electric mobility solutions to fruition, Evolution Auto is doubtless poised to change the way Sri Lankans move around, mindful of environmental sustainability and national economic growth.
Incorporated with the vision to enhance sustainable mobility, Evolution Auto joined hands with some of the most renowned electric automobile brands in the world. This new EV lineup includes Mahindra Treo passenger and cargo three-wheelers that have already gained credibility through their resistant and high-performance regime, Ather Electric Scooters blending a mix of cutting edge technology and superior performance, and lastly, the Revolt Electric Bikes, most popular electric bike brand in India. These partnerships will ensure that some of the world’s chic, most eco-friendly, and economically viable electric vehicles find their way into Sri Lanka.
Evolution Auto is deeply committed to sustainable development. Such renewable energy initiatives of the company support the saving of foreign exchange and contribute towards environmental goals of the nation. Some of the main sustainable policies include reduction of carbon footprints through energy-efficient practices, responsible supply with ethical practices, charge infrastructure growth, programs on recycling and disposal of EV components, transparency in reporting of sustainability performance, and community engagement through local initiatives like sharing programs and community charging stations.
The backbone of Evolution Auto includes Atman Group—a Singapore-based multi-family office investment firm with very diversified investments in Asia across hospitality, aquaculture, retail, agriculture, and renewable energy; Sino Lanka Private Limited, a reputed group from Sri Lanka into impactful initiatives across Asia, promoted by the reputed entrepreneur Bob Kundanmal and developed by Dhiren Kundanmal; and last but not least, Sensei Partners Inc., known for building strategic relationships and creating innovation across industries. With this strong support, the entry of Evolution Auto marks a milestone in the quest of Sri Lanka toward sustainable transport. In the future also, the company will continue to establish more such EV partnerships for passenger and commercial usages and thus further contribute to reducing the carbon footprint of the nation and creating a greener future.
“Our vision at Evolution Auto is to lead the transformation to sustainable transportation in Sri Lanka by making eco-friendly electric mobility accessible and efficient for all,” said Zahran Ziyawudeen, General Manager of Evolution Auto.
