Bangladesh Electric Mobility Market Assessment, Business Model and Action Plan

• Country: Bangladesh
• Summary: Bangladesh Electric Mobility Market Assessment, Business Model and Action Plan
• BDT Ref No: 56435623
• Deadline: 30 Aug 2021
• Financier: World Bank (WB)
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: 1276296
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• Description:
• Expression of Interest are invited for Bangladesh Electric Mobility Market Assessment, Business Model and Action Plan. The objective of this assignment is to to engage with national and state/city governments, private sector and other stakeholders to identify policies and business models that could enhance the bankability of EV models leveraging on WBG instruments. The approach emphasizes commercial viability and risk management to enable private sector engagement in a way that is scalable/replicable across Bangladeshi Cities / States. Furthermore, it seeks to develop a set of solutions to address the critical policy/regulatory/financial barriers that can unlock long-term private capital for large-scale roll out of identified business models. FUNDING SOURCE The World Bank Group intends to finance the assignment / services described below under the following: - BANK BUDGET - Developing a Roadmap for Deployment of Electric Vehicles (EVs) and Charging Infrastructure in Bangladesh ELIGIBILITY Eligibility restrictions apply: [Please type list of restrictions] INDIVIDUAL / FIRM PROFILE The consultant will be a firm. Bangladesh Electric Mobility Market Assessment, Business Model and Action Plan 1) ASSIGNMENT CONTEXT E-mobility is being considered as a vital national industrial and sustainable strategy by many countries. In Bangladesh, the World Bank (WB) and International Finance Corporation (IFC), both part of the World Bank Group (WBG), are preparing to engage with national and state/city governments, private sector and other stakeholders to identify policies and business models that could enhance the bankability of EV models leveraging on WBG instruments. The approach emphasizes commercial viability and risk management to enable private sector engagement in a way that is scalable/replicable across Bangladeshi Cities / States. A project team (the Team) spanning the World Bank and IFC and with members coming from a broad range of practices has been formed to that end. The Team has identified business models in the E2W, E3W, E4W (E-fleet), and e-buses and as well for charging infrastructure based on potential market size and commercial viability (Annex A). Additionally, the Team is identifying new business models and opportunities that are being explored by early stage start-ups at a local level but may not have yet reached sufficient scale. For example, such models consist of aggregated hyperlocal delivery models using EVs that bypasses the local grocery stores for branded fast-moving consumer goods (FMCG). In India, the Team had informational interviews with relevant entities across the EV value chain and identified key policy/regulatory/financing gaps (Annex B), which will be a helpful reference for conducting EV value chain consultation in Bangladesh for the identification of interventions that could be required for mass scale adoption as well as to unlock downstream commercial financing. While the total cost of ownership (TCO) for E2W, E3W is already competitive to that of internal combustion engine (ICE) vehicles or is expected to become competitive in coming years for the e-buses and e-fleet for the identified business models, these currently ongoing projects are only at a small scale. The Team seeks to also develop a set of solutions to address the critical policy/regulatory/financial barriers that can unlock long-term private capital for large-scale roll out of these business models. Given Dhaka metro areas prominence in Bangladeshs social economic development, it is important to assess barriers to growth and market potential of the identified business models and implement recommendations at Dhaka City levels with directives from the central government. However, the approach taken seeks to ensure all/most of policy / regulatory / institutional and financial recommendations proposed in Dhaka can be scaled/replicated across Bangladesh, for example, in Chattogram. Finally, the Team will identify specific private sector driven investment opportunities across the identified business models in the short to mid-term in Bangladesh. The Team will now hire a firm consultant for the delivery of the assessment. The focus will be on E2W, E3W, E-fleet, e-buses and charging/swapping Infrastructure. 2) OBJECTIVES: 1) Assess market potential for E2W, E3W, E-fleet, E-buses and charging infrastructure in Bangladesh with deep dives in Dhaka. 2) Evaluate business models and related financial models with private sector participation for each segment in Bangladesh and Dhaka and identify those that offer the most potential for scale. 3) Develop specific recommendations on policy, regulatory, institutional and procedural amendments that Transport/Energy departments and Municipal Corporations can adopt to foster EV commercial viability and promising business models, in alignment with national policies. 4) Based on Modules 1-2 (refer to section 3: scope of services), the Consultant will develop an action plan, including specific interventions on policy / regulatory / institutional / financial / procedural / procurement aspects that will enable private sector participation for scaling up EVs and charging infrastructure. 5) Based on analysis from Modules 1, 2 and 3 (refer to section 3: scope of services), identify investment opportunities across market segments within a 3-5-year period corresponding to the business models under which these would be pursued. 3) SCOPE OF SERVICES: It is envisaged that the consultant would complete all the modules involved in this assessment in close consultation with the Team, relevant government stakeholders (such as Transport, Energy, Industries, Urban and other departments and authorities) at local and national levels as well as in consultations with relevant private entities across the value chain. The consultant will share relevant examples from Bangladesh/India/global wherever applicable with a focus on enablers and solutions (the how to) of such cases. The consultant will also conduct a stock taking exercise and review the current WB and IFC reports on electric mobility to leverage on existing analysis, avoid duplication as well as validate the findings of the ongoing assessment. The scope shall include the following modules: Module 1: Market assessment of E2W, E3W, E-fleet, E-buses and charging infrastructure in Bangladesh with deep dives in Dhaka Module 2: Business and Financial Models (for each market segment and charging/swapping infrastructure model) Module 3: Action Plan including Legal, Regulatory Institutional, Financial, Procedural and Procurement Recommendations Module 4: Identification of Investment Opportunities in Bangladesh and Dhaka 4) DURATION AND LOCATION The duration of the services will be 15 weeks from the time of the consultants mobilization. The services shall be delivered in Dhaka, Bangladesh with consultations across the country as needed. The consultant will be required to make their own arrangements for an office and other logistical requirements. As this assignment will support a larger program, timeliness in delivery will be essential, and the consultant should prepare accordingly. 5) Request for Expression of Interest We invite experienced Consulting Firms to indicate their interest in providing the services. A written Expression of Interest should be submitted by August 27, 2021. Interested Consulting Firms should provide information demonstrating that they have the required qualifications and relevant experiences to perform the services. The shortlisting criteria are: The consulting firm should have recent relevant experience in EV market assessment and strategy development in South Asia, preferably in India, in close collaboration with national and local governments and the World Bank Group. The consultant firm should have national and international experience in forecasting, business development, EV, finance, policy and action planning as well as have strong local presence in Dhaka.
• Documents:

 Tender Notice