Browns EV celebrates key milestone in Sri Lanka’s electric mobility journey

Browns EV, the electric mobility arm of Brown & Company PLC under the LOLC Group, marked a defining moment in Sri Lanka’s electric mobility journey with a landmark event held at the Shangri-La Hotel, Colombo. 
The occasion celebrated three significant milestones: the official unveiling of the BAW M8 flagship MPV, the completion of 1,500 customer EV deliveries nationwide, and the announcement of the exclusive strategic partnership with global EV charging leader Qingdao TELD New Energy Technology Co., Limited (TELD).
Senior leadership from the LOLC Group, Beijing Automobile WorksCo. Ltd (BAW) and TELD graced the event, including Ishara Nanayakkara, Chairman of LOLC Holdings PLC and Brown & Company PLC; Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC; Vijitha Bandara, Executive Director of Browns EV; Pavithra Jayasekara, CEO of Browns EV; Zhihong Gu, Vice President of BAW, Fedya Jia, General Manager of Weiqiao Smart Auto International Co., Ltd., and Li Zhengyi, Overseas Regional Director of Qingdao TELD New Energy Technology Co., Limited.
The evening’s centerpiece was the unveiling of the BAW M8, a 7-seater flagship MPV manufactured by Beijing Automobile Works, one of China’s most respected automotive brands with a heritage dating back to 1951. Developed under the Shandong Weiqiao Pioneering Group, a Fortune Global 500 conglomerate, the M8 reflects BAW’s evolution into next-generation mobility.
Equally significant was the ceremonial handover of the 1,500th electric vehicle by Browns EV, reflecting strong market confidence and the company’s consistent ability to deliver on its promises.
This milestone builds on the strong performance of models such as the BAW E6 and BAW E7, underscoring a decisive shift towards electric mobility.
Speaking at the event, Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC stated, “Through Browns EV, we have redefined vehicle ownership in Sri Lanka. What was once out of reach, the aspiration to own a modern, technologically advanced vehicle, has now become a reality for over 1,500 customers. 
In early 2025, we committed to delivering vehicles priced below Rs. 5 million, and as a responsible, people-centric organisation, we delivered on that promise. Supported by a fully integrated ecosystem encompassing financing, insurance and after-sales care, and now strengthened by strategic EV charging partnerships ahead of a nationwide rollout, LOLC continues to create sustainable value for customers and drive meaningful progress for the nation.”
Further strengthening this ecosystem, the event also marked the announcement of an exclusive partnership with Qingdao TELD New Energy Technology Co., Limited (TELD), the world’s largest EV charging operator and manufacturer. 
For EV users, this collaboration directly addresses one of the most critical adoption barriers- access to reliable and convenient charging.