<h1>EV maker subsidiary and major bank sign MOU to provide dealer financing, full on-road funding, and showroom support</h1> A subsidiary of an international EV manufacturer entered a Memorandum of Understanding with a major private-sector bank to provide auto and inventory financing for the manufacturer's exclusive dealer network, offering customised credit products including full on-road funding, competitive rates, flexible repayment and priority services, with bank representatives stationed at showrooms. The agreement leverages the bank's national branch and digital network to expand market reach, supports dealer liquidity and customer access to EVs, and aligns with the manufacturer's strategy to scale distribution and local manufacturing presence.