The banks in Singapore are partnering with Electric Vehicle solutions firm to encourage and advance the usage of Electric vehicle among its clients in Singapore.
OCBC (Oversea-Chinese Banking Corporation) The multinational banking and financial services corporation headquartered in Singapore has partnered with Charge+ which is a leading integrated EV charging solution provider for Singapore and Southeast Asia.
Charge+ which is a leading integrated EV charging solution provider for Singapore and Southeast Asia.
In a press statement both the establishments said that collaboration aims to accelerate the greening of Singapore’s land transport sector.
The provider and operator of the Electric vehicle charging solutions aims to install 10,000 EV Charging points islandwide by 2030.
Elaine Lam, OCBC Bank’s head of global corporate banking said:
“For EV adoption to pick up, the supporting charging infrastructure has to be in place and Charge+ has very quickly become a leader in this space,”
“Just having the infrastructure is not good enough,There must be public adoption to enable a clean energy transportation system too.”
“OCBC can therefore play the role as a meaningful financial services enabler in the EV ecosystem.”
She also added that they are exited to widen the vision to bring others onboard the eco system including owners and property developers and also utility companies.
To uplift car owners to reduce carbon footprint DBS said it was launching Singapore’s first green car loan in a separate press release.
The loan will be available from march 1,2021 to all customers purchasing new and used electric vehicles at the interest rate of 1.68 per cent per annum.
To Tesla car buyers this preferential rate is already available.
