UOB: Gears up green financing with U-Drive
- UOB a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific
- Launched U-Drive, an integrated green financing solution for the electric vehicle (EV) ecosystem in Singapore
- The solution connects the EV value chain from automotive brand owners, car dealers and charging point operators to end-users
- U-Drive solution designed to meet the financial needs of all EV ecosystem players through the provision
- Businesses or individuals can also apply for green financial solutions for their purchases of EVs and charging equipment
- As Singapore ramps up its Green Plan initiatives, the greater adoption of EVs reflects the increasing awareness