Business
Ideal Motors unveils Sri Lanka’s first home-grown electric car
Ideal Motors unveiled the ‘Ideal Moksha,’ Sri Lanka’s first home-grown fully-electric car at the JAIC Hilton on Thursday (28). Drawing inspiration from the iconic Austin Mini Moke that took the world by storm, the Ideal Moksha is geared to be a game changer for the Sri Lankan market and the most practical solution in the current technology transition phase towards a sustainable, carbon-neutral future.
As the name depicts, ‘Moksha’ is intended to provide a blissful driving experience with advanced technology and design principles embedded in every detail – a new solution for Sri Lanka’s roads that offers style, space, comfort, and connectivity.
Classified as a four-wheeled electric quadricycle, the Ideal Moksha is fitted with a 22.46 kWh Lithium battery that provides a range of up to 200 kilometers on a single charge by plugging into a 15-amp domestic charger overnight. With a weight of just 870 kg, the powertrain provides a speed of 1080 rpm. The interior of the car packs a spacious cabin offering comfortable seating to the driver and 3 passengers. The car is offered in matching 2-tone exterior colours.
The customer can access information, favourite music, and maps using the 7-inch multimedia touchscreen display that comes with Apple CarPlay and Android Auto compatibility. The fully air-conditioned car includes, push start, and alloy wheels.Furthermore, Ideal Moksha offers complete peace of mind with a 2-year warranty on the electric motor as a standard benefit to the customer. The warranty available on the battery will be 5 years from the date of car purchase. Our island-wide aftermarket network will ensure an unmatched level of service.
The Ideal Moksha is expected to offer affordable electric mobility to every segment of society. It is the ideal car for every household in Sri Lanka, especially for the 1.5 million three-wheelers and 4.5 million two-wheelers registered on the island, driving holistic change by empowering drivers with a cost-effective solution to upgrade to a safe and smarter vehicle. The fully automatic car offers 100% torque from start with no gear changes, facilitating ease of learning and a relaxed driving experience.
The electric battery means no petrol stations, thereby removing the stress and complications from travel. With these innovations, the Ideal Moksha is set to transform the very nature of commuting and travel in Sri Lanka; it is the ideal vehicle for everyone and anyone, from the corporate executive looking to conserve and the two-wheeler owner looking to upgrade.
As a strong advocate of sustainable mobility, Nalin Welgama, the Founder and Chairman of the Ideal Group, together with a team of expert technicians who are passionate about climate change and migration to electric vehicles, developed Ideal Moksha in their very own green workshop facility in Ratmalana (the plant itself is fully powered by solar energy).

Speaking at the occasion, Welgama said, “My dream of manufacturing a homegrown electric car in Sri Lanka realised today, with the unveiling of our “Ideal Moksha”.
This entry-level car has the options and sophistication of cars built by the world’s best auto majors! It gives me immense pleasure to declare that my 35 years of experience in the automobile business has contributed to the making of this car on my home soil. I fervently hope that this signals a beginning of a new era in the manufacture of EVs in Sri Lanka.”
This is just the beginning of this next step for Ideal Motors. Building on the momentum, the Company also unveiled a fully electric moped and a retrofit kit that will enable the migration of a combustion engine to an electric engine.
But the Ideal Moksha and other EVs are only one piece of the puzzle; the Ideal Group’s goal is to not simply pass off the energy deficit and costs from fuel to electricity, especially if the sources of electricity are non-renewable.
With this in mind, the Ideal Group offers customers a package for a total green solution along with their purchase of the Ideal Moksha to completely power the car using renewable energy.
This package is particularly aimed at 5.5 million households that use less than 100 and 200 kilowatts of electricity units per month. The package includes the installation of up to 4 kilowatts of rooftop solar energy, where an average household will be able to meet their daily requirements of energy and completely do away with paying electricity bills.
The Ideal Group believes that it is this kind of systematic, integrated thinking and problem-solving, of which the Ideal Moksha is the first step, that will truly bring about a revolution in mobility.With over three decades of expertise in the local automotive and after-market solutions industry, Ideal Holdings and Ideal Group are a truly Sri Lankan group of companies, with over 2,000 staff and an annual turnover of LKR 25 billion.
As a pioneering organisation, the Ideal Group specialises in the manufacture, assembly, and import and distribution of motor vehicles; electric vehicles; genuine parts, aftermarket solutions, and lubricants; finance and leasing; insurance; power generation and renewable energy; transport and logistics, including domestic and international courier services; agriculture; and e-commerce.
Business
The Ceylon Chamber’s Commercial Document Registration Division expands export support
The Commercial Documents Registration Division (CDRD) of The Ceylon Chamber of Commerce has expanded its export support services with the introduction of the Free Sale Letter for Pharmaceuticals, providing Sri Lankan pharmaceutical manufacturers and exporters with an additional document certification service to support their export processes and compliance requirements in international markets.
The new service expands CDRD’s portfolio of trade documentation solutions, which includes Certificates of Origin and the certification of key commercial documents required by overseas buyers, customs authorities, and regulatory bodies. These services assist exporters across sectors by helping ensure their documentation meets applicable requirements for international trade.
Established in 1925 as one of the authorised institutions to issue Certificates of Origin in Sri Lanka, CDRD has supported the country’s international trade for nearly a century. Today, the Division provides certification and verification services to exporters, manufacturers, freight forwarders, logistics providers, and other trade stakeholders, supporting businesses in meeting documentation requirements for global markets.
In addition to pharmaceutical certification, CDRD facilitates the certification of Commercial Invoices, Packing Lists, Price Lists, Health Certificates, Phytosanitary Certificates, Certificates of Analysis, Bills of Lading, Survey Reports, Beneficiary Certificates, and other export-related documents. The Division also issues Free Sale Letters and Surveyor Appointment Letters, while supporting exporters through the Ministry of Foreign Affairs’ Electronic Document Attestation System (e-DAS), enabling secure and efficient document authentication.
Through established processes, digital solutions, and its e-service platform, CDRD continues to enhance the efficiency and accessibility of trade documentation services. Available 24/7 and 365 days of the year, the platform enables exporters to submit and manage documentation requirements conveniently while ensuring that certified documents meet internationally accepted requirements. By providing reliable documentation support and adapting its services to changing trade needs, the Division assists Sri Lankan businesses in managing export requirements and accessing international markets.
For more information on obtaining commercial document registration services, contact Achala via achala@chamber.lk / 0115588886
Business
Siyapatha Finance unveils newest branch in Bandarawela
Siyapatha Finance PLC recently expanded its island-wide footprint with the successful inauguration of its 64th branch in Bandarawela. Strategically located in scenic hill town in the Badulla District, the latest branch offers convenient and wider access to tailored, customer-centric financial solutions.
The branch was ceremoniously declared open by Siyapatha Finance PLC Chief Executive Officer (CEO) Mathisha Hewavitharana, joined by Chief Operating Officer (COO)Rajeev De Silva, Ms.D.M. Dewmi Tharindi, a student of Bandarawela Dharmapala Vidyalaya who won the Under-18 Girls’ 3,000m event at the Junior National Athletics Championship, the Senior Management and staff members as well as Traffic OIC Kandasami, Trade Association Secretary Sunanda Rathnayaka, representatives of the government and private banks and insurance companies and well-wishers.
Sharing his thoughts, Siyapatha Finance PLC CEO Mathisha Hewavitharana remarked: “We are deeply honoured to be of service to the people of Bandarawela. Opening this branch is a pivotal step in our 2026 expansion strategy and a reflection of our commitment to strengthen our presence in Sri Lanka. It is a region that showcases potential for greater economic development primarily through the country’s traditional agricultural practices. We look forward to reaching as many different communities as possible in the coming years.”
The Bandarawela branch offers a comprehensive product portfolio including leasing, fixed deposits, gold financing, business loans, personal loans, fast draft, and factoring to Smart Pay, the Company’s bill payment facility. With a thorough understanding about the current socio-economic dynamics of the region, the well-trained team at the newest branch is dedicated to providing flexible financial solutions to aspiring individuals as well as small and medium-scale enterprises (SMEs).
Business
Dialog recognised as Sri Lanka’s Most Loved Service and Telecommunications Brand for third consecutive year
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment to enriching Sri Lankan lives and enterprises through technology, while creating value for customers, communities and the nation.
The accolades were awarded through the LMD Brands Annual survey, conducted independently by PepperCube Consultants on behalf of Media Services. Based on responses from 400 readers across Sri Lanka, representing a broad demographic and geographic mix, the survey identified the brands that resonated most strongly with consumers in terms of trust, loyalty and brand affinity.
Lasantha Theverapperuma, Group Chief Marketing Officer of Dialog Axiata PLC said, “Being recognised as Sri Lanka’s Most Loved Brand across both the Service and Telecommunications sectors is a meaningful endorsement of the trust and confidence that Sri Lankans continue to place in Dialog. This recognition reflects our commitment to understanding and serving the evolving needs of our customers while expanding access to digital connectivity, services and opportunities. As we continue to innovate and grow, we remain focused on creating value for communities and supporting Sri Lanka’s digital and socioeconomic progress.”
The recognition also reflects Dialog’s continued focus on innovation, customer-centricity and investments that support Sri Lanka’s digital future, including expanded 5G connectivity, AI-powered digital experiences and broader access to digital services.
Beyond connectivity, Dialog continues to support communities, livelihoods and the environment through initiatives such as Govi Mithuru, which provides AI-driven agricultural advisory services to over one million farmers, and Shishyadhara, which has enabled subsidy distribution to more than 450,000 underprivileged students. The company also continues to advance its Net Zero 2050 ambition through energy optimisation, renewable energy adoption and the expansion of solar-powered network infrastructure.
Further underscoring the brand’s standing among Sri Lankan consumers, Dialog was also recognised as the ‘Service Brand of the Year’ for the fifth time and the ‘Telecommunication Brand of the Year’ for the 15th consecutive year at the SLIM-KANTAR People’s Awards 2026.
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