Banking group CIMB has launched a suite of financial solutions for consumers to help increase the adoption of electric vehicles (EVs) in Malaysia. The financial solutions address the needs of consumers across every aspect of owning an EV, including financing, insurance protection and a range of exclusive privileges, CIMB said in a statement. During the introductory campaign period lasting until 30 April 2024, customers will enjoy preferential fixed rates as low as 1.98 per cent per annum on financing for EVs, and up to a 90 percent margin of financing, among other benefits.

Source: TechNode Global