Maybank Electric Vehicle Financing - a holistic EV financing solution with perks to match your lifestyle - paultan.org

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Maybank Electric Vehicle Financing – a holistic EV financing solution with perks to match your lifestyle

Electric vehicles are the talk of the town and the top priority of product planners at carmakers across the globe.

An interesting benefit of Maybank Electric Vehicle Financing is the complimentary insurance coverage for your EV home charger, free for newly-registered EVs insured by Etiqa motor insurance or takaful. This is a first-of-its-kind product in Malaysia, and your EV is not just protected, but its “lifeline” will be too.Admittedly, petrol is heavily subsidised in Malaysia, which negates any big cost savings one might get by switching from ICE to EV, reserving assistance for the truly needy.

As of now, there’s no truly mass market EV to rival the likes of B-segment ICE giants such as the Honda City and Toyota Vios. Yet, because BYD has announced plans to bring in the Dolphin EV later this year, and that model has potential to be priced below RM100k. In Thailand, consumers already have a couple of options below THB one million and we should expect the EV price floor to continue to decline as more players join the fray here.

 

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