UOB: Gears up green financing with U-Drive

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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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