QWATT BIKES, the second project of the q.watt team, launched in Q3 2024, offers electric bicycle rentals in Tashkent. Poytaxt Bank and QWATT BIKES signed a memorandum of co-operation aimed at implementing this project, which promotes the development of small and medium-sized businesses, supporting clean transport and improving urban infrastructure. Within the framework of the project, special electric bicycles are already in operation in Tashkent, some of which are intended for use by the public and some for large delivery services.

The project provides alternative and convenient transport, allowing residents to avoid traffic jams and improve their health by using bicycles in their daily lives. At the moment the service is available only in Tashkent, but the company plans to expand it to other cities of the country.

This project is an example of successful collaboration between the financial and technology sectors to benefit society and develop a green economy. The Bank is ready to support QWATT BIKES in realising its strategic goals and provide financial support for its further growth.