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MTB’s Partnership with SOLshare for financing of smart lithium batteries of Electronic Vehicles

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.

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