The senior management of AmBank led by its group chief executive officer Datuk Sulaiman Mohd Tahir (third from left) at the Tesla Model Y launch at Pavilion Kuala Lumpur on July 20. He is joined by Tesla Inc regional director Isabel Fan (fourth from left).

KUALA LUMPUR (July 20): AmBank has entered into a special tie-up with Tesla Inc to offer attractive auto financing packages for Malaysians purchasing Tesla Model Y electric vehicles (EVs), which officially debuted in the country on Thursday (July 20).

In a statement on Thursday, AmBank said it is one of only two financing providers in Malaysia preferred by Tesla.

The EV maker has also partnered with AmGeneral Insurance Bhd to insure Tesla vehicles.

Group chief executive officer Datuk Sulaiman Mohd Tahir said the partnership with Tesla augurs well for the bank’s EV auto financing portfolio that is aligned with its broader environmental, social and governance (ESG) agenda.

“For purchase of Tesla models Y, AmBank is offering one of the most competitive auto financing rates in the market, which tips the scale when buyers home in on the most attractive financing package that suits their repayment plans,” he said.

Tesla regional director Isabel Fan said that as part of Tesla’s commitment to Malaysia, the company had unveiled a comprehensive development plan for an experience centre, service and support, and charging infrastructure in the country to deliver a seamless Tesla ownership experience.

“We’re committed and excited to help drive a zero-emission and greener future for Malaysia,” she added.