U-Drive Thailand

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As Southeast Asia’s major auto production base, Thailand aims to establish itself as a major production hub for zero tailpipe emission vehicles and has set the target of ensuring electric vehicles (EVs) comprise 30% of the nation’s total auto production by 2030. To support this, the Thai government has launched incentives such as tax cuts and subsidies from 2022 – 2025, to encourage the shift to electric vehicles1 (EVs). In terms of EV adoption, Thailand aims to sell only electric vehicles by 2035.

U-Drive is designed to meet the financing needs of the EV industry, businesses and individuals through the provision of comprehensive green and sustainable banking facilities. By supporting the entire ecosystem, from automotive brand owners, automotive dealers, EV charging infrastructure providers to end-users, we make it simple and seamless for businesses and individuals to switch to EVs.

With U-Drive, industry players can effectively tap on opportunities arising from increasing demand for commercial and personal EVs, while businesses and individuals can enjoy flexible financing options on their EV and charging equipment.

1Source: The Nation Thailand “Plugging into the future with EV mobility”
https://www.nationthailand.com/specials/40015527

Financing the EV ecosystem

Automotive OEMs

The average EV requires 40% fewer parts than Internal Combustion Engine (ICE) vehicles, hence, automotive original equipment manufacturers (auto OEMs) will need to make changes to their supply chains and/or business models to cater to the new product range.

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Dealers

As the demand for EVs is set to rise, auto dealers will need to start expanding on their EV offerings to capture this opportunity.

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With U-Drive, auto OEMs can tap on bundled and flexible sustainable financing solutions that are customised to:

  • Support auto OEMs and its ecosystem
  • Smoothen the switch to manufacturing of EVs
  • Connect with trusted EV charging infrastructure partners (view their packages here)

Get in touch with us on the customised solutions available for auto OEMs.

 

With U-Drive, dealers can tap on bundled and flexible sustainable financing solutions to go-to-market and drive sales with:

  • Co-sponsorships with UOB to offer exclusive promotions
  • Expand the range of EVs at your dealership
  • Connect with trusted EV charging infrastructure partners (view their packages here)

Get in touch with us on financing for dealers.

 

Fleet Owners

Stay ahead of the curve and start switching to an electric vehicle fleet. Forward thinking fleet owners can start reaping the benefits of electrifying their operations such as reduced expenditure on fuel and improved operational efficiency.

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Individuals

Play a part in saving the environment by reducing your carbon footprint.

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With U-Drive, fleet owners can finance their purchase of EV and charging infrastructure, and enjoy:

  • Exclusive promotions and charging benefits from U-Drive partners
  • Connect with trusted EV charging infrastructure partners (view their packages here)
  • Recognition as an environmentally responsible business

Get in touch with us on the green term loan for fleet owners.

 

With U-Drive, individuals can enjoy benefits including:

  • Longer installment plan for the down payment of your EV purchase
  • 0% IPP (Instalment Payment Plan) for EV charging equipment
  • Connect with trusted EV charging infrastructure partners (view their packages here)

Get in touch with us to find out more.

 

Exclusive promotions

Check out these exclusive EV charging infrastructure packages from our partners

 

 

BigPhaisan Project Co,.Ltd. was established in 2005 with a total registered capital of THB 62 million. It is in the business of electrical equipment distribution, IT and construction materials, complete with network system to support Smart Home, Solar Cell, EV Charger and Data Centre.

Home EV Charging

  • EV Charger/AC Mini Plus Feature – 7KW Brand – Delta
  • EV Charger/AC Max Feature – 7KW Brand – Delta
  • EV Charger/AC Max Feature – 11KW Brand – Delta
  • EV Charger/AC Max Feature – 22KW Brand – Delta

 

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ESPRO is at the heart of the EV revolution. The global transition to EV is the next business gold rush, and while top brand car makers competing for gold, they are the company that is building the underlying EV charging foundation that makes the revolution possible.

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Smart EV Charging for Business/ Commercial Use

 

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Schneider Electric drives digital transformation by integrating world-leading process and energy technologies, across the entire lifecycle, enabling integrated company management for homes, buildings, data centres, infrastructure, and industries. Empowering all to make the most of energy and resources, bridging progress and sustainability for all. They call this Life Is On.

Home EV Charging

EVlink Home

 

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If you are interested in becoming a U-Drive EV charging infrastructure partner, contact us here.

Frequently Asked Questions

Zero tailpipe emission vehicles are vehicles that do not emit exhaust gas or other pollutants. All battery electric vehicles (BEVs) produce zero tailpipe emissions.

U-Drive focuses on green and sustainable financing for the EV ecosystem from Auto OEMs, Auto Dealers, Charging Operators/Installers to End-Users.

Yes, it can be bundled. Please contact us to find out more.

All EV brands can be financed under U-Drive.

Find out more about the U-Drive financing solutions for your electrification journey.

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