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Mutual Trust Bank PLC and SOLshare Ltd recently signed an agreement to finance smart lithium batteries for electric three-wheelers, promoting sustainability in Bangladesh. At the signing ceremony at MTB Centre, the Bank’s Corporate Head Office, Gulshan 1, Dhaka 1212, Syed Mahbubur Rahman, Managing Director & CEO of MTB, and Dr. Sebastian Groh, CEO & Co-founder of SOLshare Ltd. exchanged documents, formalizing the collaboration.
This partnership enables three-wheeler owners to replace traditional lead-acid batteries with IoT-enabled smart lithium batteries, facilitated through loans from MTB. The initiative aligns with global efforts for cleaner transportation and a greener environment. The presence of management members and senior officials from both organizations underscores their commitment to advancing eco-friendly practices and technological innovation in Bangladesh.