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News Forum - Shocking surge: Thailand market sparks rise in EV loans

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The Thai market is seeing a rise in loans for electric vehicles (EVs), as they are projected to lead the expansion in auto lending this year. Krungsri Auto, a prominent auto loan provider and a Bank of Ayudhya (Krungsri) unit, has projected new EV sales to climb to 100,000 units this year, a significant increase … …

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Ramanathan.P Grand Master

Ramanathan.P

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Western countries are moving away from EV in view of its long term financial impact towards maintenance and dumping the vehicles to developing countries.....EV may look environmental friendly....but when the environmnental impact is analyzed in detail....EV is not environmental friendly at all as it needs all the minerals on earth for its production....

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