Yahoo! Tech
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2024-12-18 02:28:53
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wss://articles.layer3.newsPublished at
2024-12-18 02:28:53Event JSON
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"Harvard Duo Powers Bangladesh’s Rickshaws With Battery Startup"
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"The company, Tiger New Energy, was founded by chance after Mao and Zhu got stuck in Bangladesh during the pandemic. They spotted an opportunity to provide sustainable lithium batteries to local customers, but soon realized that many rickshaw drivers couldn't afford to buy them upfront. Instead, they developed a battery-swapping network, which allows drivers to exchange their batteries for fresh ones on the go. The company has raised money from investors and plans to expand to Nepal and West Bengal in India."
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