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