Dhaka, May 4 -- In a landmark move to bolster Bangladesh's green energy infrastructure, Chinese tech Co. NUCL New Energy Technology (GD) Ltd. and Bangladeshi firm Fast Power Tech-a sister concern of Steadfast Courier, one of the nation's largest logistics providers-formalized a joint venture (JV) through a Memorandum of Understanding (MoU) signed on May 1, 2025, in Huangbian, Baiyun District, Guangzhou. The agreement, witnessed by key stakeholders from both nations, aims to transform Bangladesh's automotive sector by introducing advanced new energy vehicle (NEV) technologies and building a sustainable electric vehicle (EV) ecosystem.

The ceremony was attended by FastPower Tech Chairman K M Reidwanul Bari Zion and NUCL CEO Forest Liang, w...