UOB Thailand launches ‘U-Drive’ – an integrated value chain solution for the electric vehicle ecosystemUOB Thailand has launched U-Drive, an integrated sustainable financing solution for the electric vehicle (EV) ecosystem in Thailand. UOB’s U-Drive solution is designed to meet the financial needs of all EV ecosystem players by providing a comprehensive range of banking facilities. Businesses or individuals can apply for sustainable financial solutions for their purchases of EVs and charging equipment under the U-Drive solution. Mr Liu Xue Liang, General Manager, BYD Asia-Pacific Auto Sales Division, said, “We look forward to working more closely with UOB Thailand now and in the near future. Aligned with the United Nations Sustainable Development Goals, the Bank’s sustainable financing frameworks enable companies to apply for green or sustainability-linked banking products without having to develop their own financing framework.
