EV demand fuels Krungsri Auto's expansion plansMs Chayathip says Krungsri Auto plans to improve the capabilities of its digital platform and expand its digital infrastructure through partnerships. Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices. Given stronger EV demand, the company expects the proportion of EV loans to reach 45% of the total by year-end. Krungsri Auto has been offering EV loans for five years as the segment expands, growing it through its digital platform, Krungsri Auto PromptStart. Ms Chayathip said Krungsri Auto is confident it can achieve auto loan growth while managing NPLs prudently amid heightened risks and uncertainties.

Source: Bangkok Post April 02, 2026 22:07 UTC