The Government of Bangladesh has recognized the need for a transition to electric vehicles (EV) and has introduced a range of measures to promote them. The EV registration policy of Bangladesh sets a 30% EV penetration target by 2030. Bangladesh’s Automobile Policy (2021) aims to promote the manufacturing of EVs and hybrid vehicles. Bangladesh has also issued guidelines on EV Charging Infrastructure (2022) and EV registration and taxes. It is now necessary to build on these initial actions to scale up EV uptake and public transport improvement in Bangladesh. A detailed action plan to create a robust Governance framework that unlocks market-driven mechanisms for EV adoption needs to be prepared.Within the Nationwide transition to EVs; buses and three-wheelers (3Ws) can potentially offer a faster adoption potential. In this context; the World Bank is supporting the Government of Bangladesh (GoB) in setting out a long-term vision for public transport improvement and electric mobility as well as developing an action plan towards achieving this vision.This consultancy aims to support the Government of Bangladesh through the identification of the policy; regulatory; institutional; and financial measures needed to accelerate the e-mobility transition and to draft a detailed roadmap for their uptake in the coming years.The specific objectives of the assignment will be the following:*Develop recommendations to strengthen the policy; regulatory; and institutional ecosystem for EV adoption.*Assess the market potential for electric cars; two-wheelers; three-wheelers; buses; and freight vehicles in Bangladesh.*Identify key business and financing models for different modes of EVs and charging infrastructure. and recommend measures to enhance their bankability and therefore attract private capital*Prioritize fiscal and non-fiscal incentives needed for EV adoption*Evaluate investment opportunities for various stakeholders such as multilateral banks; equity and debt investors; and Original Equipment Manufacturers (OEMs).*Undertake detailed assessment for electrification of buses and three-wheelers and development of business models; institutional structures; implementation mechanisms; and investment estimates.