Energy Efficiency

Cassetex Ltd.

Cassetex has secured the EBL Climate Change Action Award for its innovative approach to battery infrastructure in Bangladesh. The initiative tackles a severe public health crisis caused by toxic lead pollution from traditional lead-acid batteries. This contamination permanently affects brain development in children and damages the local food chain. To combat this, the company introduced a comprehensive traceability tool to manage the entire battery lifecycle. Their unique battery swapping model replaces long charging hours with instant service to ensure continuous productivity for drivers. These lithium-ion batteries are forty per cent lighter than conventional models, which allows vehicles to carry more load and generate higher income. Beyond transportation, the project aims to establish a national recycling centre to recover valuable minerals from battery waste. This strategic move could generate billions of dollars for the national economy while promoting energy independence. This initiative makes clean mobility truly sustainable for future generations.

Cassetex has built a traceability tool ensuring batteries are managed responsibly to break the toxic cycle between cheap transport and suffering.

- Tauseef Anwar, Co-founder & Chief Business Officer, Cassetex Ltd

https://www.thedailystar.net/environment/climate-crisis/climate-action/news/impactful-solutions-driving-green-future-4098291