Community Bank, SOLshare partner to finance EV batteries
Community Bank Bangladesh PLC and SOLshare Ltd have partnered to expand access to finance for smart, energy-efficient batteries in Bangladesh's three-wheeler electric vehicle (EV) sector.
Kimiwa Sadat, Managing Director of Community Bank, and Dr Sebastian Groh, Founder and CEO of SOLshare, signed the agreement.
Dr Ariful Islam, Head of Corporate Banking and Business at Community Bank; Md Mamunur Rahman, Head of ADC and MD's Coordination Team at Community Bank; Anisa Ali, CFA, Director of Finance at SOLshare; and other senior officials from both organizations attended the signing ceremony.
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The collaboration will help EV garage owners access affordable, flexible financing for energy-efficient batteries by combining Community Bank's green SME loans with SOLshare's Pay-As-You-Go technology.
This initiative empowers garage owners, accelerates the adoption of smart batteries, drives growth in the EV sector, and supports Bangladesh's shift towards cleaner energy.
The partnership marks a significant step in promoting green energy, sustainable mobility, and financial inclusion in Bangladesh.
