A powerful collaboration between Sri Lankan innovation and established market leadership is set to transform urban mobility. On May 31st, Vega Innovations, a company renowned for its cutting-edge innovations and developments, joined forces with DIMO the island nation’s leading automotive distributor, through a groundbreaking MOU. This partnership paves the way for the widespread distribution of the much-anticipated Elektrateq – Sri Lanka’s first completely homegrown electric three-wheeler.
“This is a historic day” declared Dr. Harsha Subasinghe, Chairman/CEO of Vega Innovations, at the signing ceremony. “The Elektrateq represents a giant leap forward for Sri Lankan ingenuity. We’ve designed, developed, and manufactured a product that will redefine urban mobility, all within our borders.” The sleek and futuristic design and features of the Elektrateq are a stark departure from traditional three-wheelers, promising a more comfortable, cost effective and environmentally friendly transportation experience.
While Vega boasts exceptional design and manufacturing capabilities, Dr. Subasinghe acknowledged the importance of a robust sales and service network for successful market penetration. This is where DIMO’s 85-year legacy comes into play. Gahanath Pandithage, Group Managing Director / CEO DIMO, expressed his company’s enthusiasm about the partnership. “As a leading diversified conglomerate in Sri Lanka and pioneer in the local automobile sector representing world-renowned brands like Mercedes-Benz, Jeep, Chrysler, and TATA, DIMO is proud to collaborate with Codegen’s Elektrateq. With our expertise, we are confident this partnership will bring immense benefits to the country, advancing vehicle electrification while fueling the dreams and aspirations of the nation.”
The signing ceremony concluded with a demonstration of the Elektrateq alongside other innovative creations from Vega, showcasing their commitment to the future of transportation. This strategic partnership between Vega Innovations and DIMO promises a brighter, cleaner future for Sri Lanka’s roads, with Elektrateq positioned to become a leader in the electric mobility revolution.
