Business
LOLC Holdings, PickMe and Browns EV collaborate to accelerate Sri Lanka’s transition to inclusive electric mobility
LOLC Holdings PLC has entered into a strategic mobility collaboration with PickMe, to accelerate the adoption of electric vehicles (EVs) while creating an inclusive and sustainable vehicle ownership pathway for independent ride-hailing drivers across the country. Anchored by Browns EV, the LOLC Group’s latest electric mobility venture marks a significant step towards redefining access to clean, affordable, and future-ready transportation in Sri Lanka.
At the centre of this initiative is a direct rent-to-own facility offered by LOLC to independent third- party drivers that engage with the PickMe platform. Under this model, LOLC provides Browns EV vehicles directly to these independent drivers. The programme allows the drivers to choose to operate EVs by committing to a daily rental structured by LOLC, with the full ownership transferred at the end of a six-year tenure, which is managed solely by LOLC. For the convenience of the drivers, daily rental payments are remitted through the PickMe platform’s digital interface based on driver authorization, assisting them in managing their personal financial obligations while enabling long-term asset creation.
A key milestone of the collaboration was marked with the official opening of the Browns EV Experience Centre on 09th of January 2026 at the Browns EV Showroom premises. Designed as a dedicated resource hub, for independent drivers that engage with the PickMe platform, the Centre allows these entrepreneurs to explore a variety of electric vehicle options and engage directly with LOLC representatives. At the Centre, drivers can independently evaluate LOLC ’s daily rental model, assess their individual eligibility, and complete their registration process directly with LOLC. This streamlined environment provides a one-stop location for drivers managing their own independent business growth.
The launch event also featured the formal signing of a strategic collaboration agreement between Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC, and Jiffry Zulfer, Founder and Chief Executive Officer of PickMe Sri Lanka.
Commenting on the initiative, Kapila Jayawardena stated, “At LOLC, we believe that meaningful progress is achieved by empowering people through access, opportunity, and innovation. This strategic collaboration with PickMe, supported by Browns EV, brings together financial innovation, responsible asset ownership, and affordable electric mobility to strengthen livelihoods while advancing Sri Lanka’s national sustainability priorities. Following years of import restrictions that limited access to vehicle ownership, this initiative responds directly to pent-up demand by making high-quality, future-ready electric vehicles genuinely accessible to independent entrepreneurs who depend on mobility for their livelihoods.”
Browns EV recently launched a line-up of electric vehicles positioned to expand affordable mobility across Sri Lanka. In partnership with global automotive leaders SAIC-GM-Wuling Automobile (SGMW) and Beijing Auto Works (BAW), Browns EV has introduced models designed to cater to diverse consumer and commercial segments. Wuling, the world’s second-largest EV brand, has produced over three million units globally, while Beijing Auto Works is among China’s oldest and largest automotive manufacturers. Their expertise, combined with Browns’ 150-year legacy in Sri Lanka, ensures quality, safety, and long-term value for consumers.
Drivers exploring options through the Browns EV Experience Centre can view a diverse portfolio of Browns EV models, including the BAW E6, BAW E7, BAW E7 Pro, Wuling Binguo, and Wuling Cloud.
Emphasising the synergy unlocked through the collaboration, the CEO of PickMe stated, “Collaborating with LOLC Holdings, an institution defined by scale, credibility and long-term value creation, marks a significant milestone in PickMe’s journey. Alongside Browns EV, this collaboration integrates finance, technology and sustainable mobility into a unified ecosystem. By combining PickMe’s digital platform with LOLC’s financial strength and Browns EV’s electric vehicle expertise, we are not only accelerating the adoption of clean mobility but also empowering independent mobility entrepreneurs across Sri Lanka with access, opportunity and long-term economic resilience”.
Together, the collaboration between LOLC Holdings, PickMe, and Browns EV establishes a scalable and future-focused model for electric mobility in Sri Lanka, one that seamlessly integrates financing, technology, and vehicle access within a unified ecosystem. By lowering barriers to EV adoption and facilitating long-term asset ownership for independent drivers, the initiative supports national sustainability goals while strengthening livelihoods and entrepreneurship.
Business
Mahindra Ideal Motors celebrates gala ‘Excellence Awards’ honouring outstanding performance and innovation
The Mahindra Ideal Motors Excellence Awards ceremony, a grand celebration to recognize dealers and other stakeholders of Ideal Motors, was held at the Wave n’ Lake Banquet Hall & Restaurant in Welisara recently.
The event was graced by the presence of special guests including Nalin Welgama, Founder and Chairman Ideal Motors, Dilani Yatawaka, Group Managing Director/CEO Ideal Motors, Nimisha Welgama, Director Legal and Corporate Affairs Ideal Motor, Sachin Arolka, Head International Operations, Auto Division Mahindra & Mahindra India. Senthil Selvaraju, Head International Operations and Customer Service Automotive Division Mahindra & Mahindra India, Sujeeth Jayant, Country Head Mahindra & Mahindra India and Shitam Kundu, Head Domestic Services Mahindra & Mahindra India.
Also, in attendance from Ideal Motors were Kasun Fernando, General Manager Commercial Vehicle Sales Division, Sameera Bamunuarachchi, Deputy General Manager Spare Parts, Logistics & Inventory and Prasanna Manamperi, Deputy General Manager After Seles Service.
Speaking at the event, Nalin Welgama Ideal Motors Founder and Chairman said, “When we began our journey with Mahindra in 2009, the previous company had sold 300 vehicles in the country, of which nearly 150 had various defects. At that time our journey began by engaging with the parent company in India and repairing those vehicles free of charge. That commitment has brought us to where we are today. As we believe, our journey truly begins after the sale. We are dedicated to strengthening our customers, and in doing so, strengthening ourselves. That is how we transformed the after-sales service experience.”
He added, “Our main strength is the Mahindra Bolero, which has sold more than 10,000 units in just two years. In a very short period, we grew from zero to over 100,000 vehicles sold. This is not my victory, but the victory of all of you who contributed to it. Despite the challenges of the COVID-19 pandemic and the economic crisis we faced, this awards ceremony was organized to express our gratitude to all of you who trusted our institution and stood by us. Let us continue our victorious journey together.”
Dilani Yatawaka, Group Managing Director Ideal Motors, said: “Today is a very happy day for us. This is the first time in history of the organisation, that representatives of our vehicles, spare parts, services, and financial institutions are meeting together under one roof.”
Speaking on the occasion, Sachin Arolka, Head International Operations, Auto Division Mahindra & Mahindra India, stated that Ideal Motors in Sri Lanka is one of the largest seller of Mahindra vehicles in Asia.
More than 300 dealers and finance partners participated in the event which concluded with dinner, fellowship and entertainment.
Business
Police engagement supports wildlife protection in hill country
Strengthening conservation through active law enforcement
An awareness and capacity-building program on wildlife crime prevention, with a special focus on the Sri Lankan leopard (Panthera pardus kotiya), was successfully conducted on March 20 at the Dimbula Athletics & Cricket Club, Radella.
The session was organized under the ongoing Multi-Regional Leopard Research and Conservation Project implemented by the Wildlife & Nature Protection Society (WNPS), in collaboration with LOLC. It brought together senior officers representing 28 Police stations across the Nuwara Eliya and Kandy districts, underscoring the growing importance of law enforcement in conservation efforts within multi-use landscapes, a WNPS news release said.
The Central Highlands present a unique conservation challenge, where increasing habitat loss and fragmentation, depletion of natural prey, and use of snares continue to threaten leopards inhabiting these landscapes majority outside formally protected areas. The session therefore focused on strengthening the capacity of Police officers to identify, prevent, and respond to wildlife crimes, while fostering closer coordination with conservation stakeholders, it explained.
Co-Chair of the Wildcats Subcommittee, Prof. Enoka Kudavidanage, highlighted the ecological and economic significance of leopards as apex predators, emphasizing their role in maintaining ecosystem balance and supporting nature-based tourism. She also outlined the current conservation challenges in the Hill Country and presented ongoing interventions under the WNPS–LOLC project.
Dr. Sanjaya Weerakody, Postdoctoral Fellow at the Xishuangbanna Tropical Botanical Garden (XTBG), Chinese Academy of Sciences, shared key research findings on leopard mortality trends over the past 17 years revealing concerning patterns, including the disproportionate loss of mature male individuals and the increasing prevalence of snaring as a primary cause of death highlighting an urgent need for targeted enforcement.
Attorney – at – Law Charaka Jayaratne provided an in-depth overview of the legal provisions under the Fauna and Flora Protection Ordinance, with particular attention to offences related to snaring. He discussed how Police can take more proactive and effective action, identifying gaps in current approaches and suggesting practical measures to strengthen enforcement outcomes.
Adding further perspective, Samantha Gunasekara, former Deputy Director of Customs and Chairman of the Marine Environment Protection Authority (MEPA), spoke on the broader context of illegal wildlife trade in Sri Lanka. Drawing from past cases and recent observations, he highlighted emerging trends and risks associated with wildlife trafficking.
Representing the Department of Wildlife Conservation, Ranger Srinath Dissanayake of the Hakgala Wildlife Range shared recent cases on leopard deaths and rescue operations recorded in 2025. He emphasized on personal observations, importance of timely intervention, and strong collaboration between field officers and the Police to mitigate human–wildlife conflict and prevent avoidable losses.
An interactive discussion followed, allowing officers to raise questions, clarify procedures, and exchange experiences while sharing their feedback as well. This dialogue contributed to reinforcing the value of strategic engagement between the Police, the Department of Wildlife Conservation, and conservation partners while strengthening inter-agency understanding and highlighting the need for coordinated responses during leopard-related incidents.
The session commenced with opening remarks by WNPS President Graham Marshall, who expressed appreciation for the participation of the Sri Lanka Police and reiterated the critical role of law enforcement in safeguarding biodiversity beyond protected areas.
WNPS Past President and WNPS LOLC Project Head Spencer Manuelpillai, Project Coordinator Gihani Hettiarachchi, Regional Center Coordinators, Thilanka Dissanayake and Attorney-at-Law Malaka Palliyaguruge were also present as part of the WNPS team.
WNPS extends its sincere appreciation to all officers who participated for their commitment and active engagement. Supported by LOLC, these initiatives form part of a broader effort to strengthen practical conservation through collaboration, knowledge sharing, and effective enforcement in Sri Lanka’s Hill Country.
Business
Mangala Tex marks expansion with new Kurunegala Branch
Fashion retail leader Mangala Tex celebrated the grand opening of its newest branch in Kurunegala on Saturday, March 14, 2026, adding a vibrant new dimension to the city’s commercial landscape.
Since its inception, Mangala Tex has been synonymous with style, durability, and quality, earning a lasting reputation as a premier clothing retailer. Guided by the visionary leadership of Chairman Ronald Nimal Hope, the brand has successfully established a strong presence with thriving outlets in Yatinuwara Veediya, Kandy, Cross Street, Kandy, and Peradeniya, Kandy.
The Kurunegala expansion marks a significant milestone in the company’s growth, bringing its signature fashion offerings closer to a wider customer base. True to its slogan, “Let Your Clothing Do The Talking,” the new store features an extensive range of apparel catering to all age groups, blending contemporary style with durable, high-quality fabrics.
Shoppers at the Kurunegala branch are greeted by a welcoming atmosphere and attentive staff, which long-time customers cite as key reasons for their loyalty. The store’s combination of trendy designs, reliable quality, and customer-centric service continues to set it apart in Sri Lanka’s competitive fashion retail sector.
Mangala Tex now employs more than 120 staff members across its branches, remaining a proudly family-driven enterprise alongside Managing Director Pahan Dissanayaka and Directress M M G P Dissanayaka.
With the official opening in Kurunegala, Mangala Tex demonstrates that consistent quality, style, and service can drive sustained growth, expanding the brand’s reach to new communities while reinforcing its status as a trusted name in Sri Lankan fashion.
Text and Pix by SK Samaranayake
-
News4 days agoSenior citizens above 70 years to receive March allowances on Thursday (26)
-
Features1 day agoA World Order in Crisis: War, Power, and Resistance
-
Features6 days agoTrincomalee oil tank farm: An engineering marvel
-
News2 days agoEnergy Minister indicted on corruption charges ahead of no-faith motion against him
-
News3 days agoUS dodges question on AKD’s claim SL denied permission for military aircraft to land
-
Features6 days agoThe scientist who was finally heard
-
Business3 days agoDialog Unveils Dialog Play Mini with Netflix and Apple TV
-
Sports2 days agoSLC to hold EGM in April
