The long wait is finally over! UnionBank is revolutionizing transportation in the Philippines by bringing Tesla’s iconic electric vehicles (EVs) closer to Filipino consumers.

UnionBank to offer tailored financing solutions

With tailored financing solutions, the bank is paving the way for Filipinos to embrace sustainable driving and join the global shift toward eco-friendly mobility.

Tesla, the world leader in EV technology and sustainable energy, has officially entered the Philippine market. UnionBank, as one of Tesla’s preferred financial partners, is proud to offer accessible financing options to make Tesla ownership a reality for Filipinos.

The highly anticipated Tesla Model Y and Model 3 are now available for preview at the Tesla Experience Centre in Uptown Parade, Bonifacio Global City, signalling the dawn of a new era in sustainable transportation.

“UnionBank is honored to support Tesla’s mission to accelerate the world’s transition to sustainable energy, making the electric vehicle dream a reality for Filipinos eager to lead the change into a high-tech, eco-conscious future,” said Mukul Sukhani, UnionBank’s Cards and Consumer Loans Head, in a press release.

“Through our offerings, Tesla’s groundbreaking vehicles are now within reach of those ready to embrace the next generation of driving,” he added.

A seamless ownership experience

UnionBank’s financing packages are designed to simplify the path to Tesla ownership.

Offering competitive interest rates, fast-track approval processes, and premium customer service, the bank ensures a smooth and hassle-free experience for prospective buyers.

Customers can also sign up for exclusive test drives to experience first-hand Tesla’s advanced technology, seamless handling, and unparalleled performance.

The bank’s commitment extends beyond financing — it aims to empower Filipinos to fully embrace the EV lifestyle. Deliveries of the first wave of Tesla vehicles are expected in the first quarter of 2025, giving customers ample time to prepare for the transition to sustainable driving.

Aside from its partnership with Tesla, Unionbank has also started elevating its services with new investment products, including AI use for ultra-high-net-worth clients. This move is in line with the bank’s commitment to delivering tailored financial solutions that align with the sophisticated demands of its private banking clients.

A step towards sustainable mobility

Tesla’s arrival in the Philippines represents a pivotal moment in the country’s journey toward eco-friendly transportation.

UnionBank is playing a critical role in this transformation by aligning with Tesla’s vision of a greener future. This partnership underscores the bank’s broader commitment to innovation and environmental responsibility, cementing its position as a catalyst for sustainable finance in the Philippines.

The Tesla Model Y, a compact electric SUV, and the Model 3, Tesla’s flagship sedan, set new standards in the EV industry. Both vehicles combine sleek design with state-of-the-art features, including long-range capabilities, advanced safety systems, and minimalist interiors that reflect Tesla’s vision of sustainable luxury.

The Model Y is perfect for family adventures, while the Model 3 caters to individuals seeking a high-tech yet environmentally conscious driving experience. These models are not just vehicles—they are symbols of innovation, sustainability, and the future of transportation.

How to get started

Filipinos interested in owning a Tesla can visit the UnionBank website or contact a dedicated Tesla representative to explore financing options tailored to their needs.

UnionBank’s seamless customer journey ensures that owning a Tesla is not just possible but an exciting reality for many.

Beyond providing financing, the bank encourages customers to stay updated on Tesla’s rollout in the Philippines.

Follow the official Tesla Philippines X account (@teslaphp) and Instagram (@teslamotorsph) for updates on test drives, vehicle features, and more.

UnionBank’s own social media channels on Facebook, Instagram, X (formerly Twitter), and Youtube will also provide news and exclusive offers.

Driving the future together

UnionBank’s partnership with Tesla exemplifies a shared commitment to innovation and sustainability. By making environmentally responsible choices more accessible, the collaboration positions the Philippines as an emerging player in the global transition toward eco-friendly transportation.

This marks the beginning of a new chapter in Philippine transportation, and UnionBank is at the forefront, empowering Filipinos to embrace the electric vehicle revolution.

As UnionBank and Tesla drive this exciting change, Filipinos are invited to join the revolution in sustainable driving. For more information about UnionBank’s Tesla offerings and financial services, visit www.unionbankph.com.

For more updates, follow UnionBank on FacebookX (formerly Twitter)Instagram, or Youtube. Union Bank of the Philippines is regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph.

By Ralph Fajardo

Ralph is a dynamic writer and marketing communications expert with over 15 years of experience shaping the narratives of numerous brands. His journey through the realms of PR, advertising, news writing, as well as media and marketing communications has equipped him with a versatile skill set and a keen understanding of the industry. Discover more about Ralph's professional journey on his LinkedIn profile.