LB Finance-BYD accelerate electric vehicle adoption in Sri Lanka

LB Finance PLC entered a strategic partnership with JKCG, the local agent for BYD, one of the world’s foremost electric vehicle and clean energy manufacturers. 

The two organisations signed a memorandum of understanding (MOU) recently, marking a significant step toward driving sustainable mobility solutions in the local market.

The MOU was officially signed by LB Finance Executive Director Ravi Yatawara and JKCG General Manager Charith Panditharathne. This landmark collaboration aims to introduce tailored and innovative financial solutions that will make the adoption of electric vehicles more accessible to Sri Lankan consumers. Under the partnership, LB Finance will provide convenient leasing options for BYD vehicles, encouraging a shift toward ecofriendly transport and supporting the country’s broader environmental sustainability goals.

Yatawara stated, “We are proud to partner with a global brand like BYD to promote green mobility in Sri Lanka. At LB Finance, we believe that access to sustainable technology should be seamless and affordable. This partnership aligns perfectly with our vision to empower individuals and businesses through innovative and responsible financial solutions.”

The ceremony was also attended by senior officials from both organisations. As part of the partnership rollout, LB Finance will work closely with BYD to offer fast-tracked, onsite financing options and dedicated customer service support.

This strategic alliance reaffirms both LB Finance and BYD’s shared commitment to driving innovation, environmental stewardship and customer-centric progress in Sri Lanka’s evolving mobility landscape.