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Maybank Signs on as EV Finance Partner For Tesla in Malaysia

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  • 31 Jul 2023
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Maybank Signs on as EV Finance Partner For Tesla in Malaysia

Maybank, in a strategic partnership with Tesla, is offering a comprehensive auto financing solution for buyers of the Model Y in Malaysia. The bank aims to become a leading ESG financier in ASEAN and welcomes Tesla's entry into the EV market. Tesla buyers can avail preferential financing rates and flexible repayment options, with up to 90% financing through Maybank's EV Financing. The application process is streamlined, offering insurance coverage and other benefits. Maybank's EV Financing provides quick approval and a dedicated auto sales team. The collaboration is expected to contribute to the growth of the EV market in Malaysia and promote sustainable mobility solutions and clean energy adoption to reduce carbon emissions. Maybank has also introduced green home financing solutions and preferential rates for EVs and hybrid vehicles as part of its sustainable financing efforts.

Source: ESGNewsasia