The European Investment Bank (EIB) has granted two loans for the development of charging stations and hydrogen filling stations in Greece and Spain. The total amount involved is 80 million euros.
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The automotive supplier Webasto receives a loan from the European Investment Bank (EIB) for the development of batteries for electric vehicles. The ‘Green Loan’ comprises 100 million euros and is intended to help create financial leeway to implement the business strategy.
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Automotive supplier Mahle is receiving a loan of 300 million euros from the European Investment Bank (EIB) for the development of new technologies related to zero- and low-emission technologies such as battery electric vehicles, plug-in hybrids and hydrogen fuel cell vehicles.
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Spanish ride-hailing company Cabify is receiving a loan of €40 million from the European Investment Bank (EIB) for its fleet decarbonisation project. This financing aims to deploy 1,400 electric vehicles in Spain over the next few years.
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French battery manufacturer Forsee Power has raised 105 million euros in capital, including a 50-million-euro loan from the European Investment Bank (EIB). The company will use the money to expand its product range and increase its manufacturing capacity.
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The European Investment Bank (EIB) has provided 50 million euros to charging infrastructure provider Wenea for building more than 470 fast chargers for electric cars nationwide in Spain by the end of 2022.
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In November 2018, the Spanish energy supplier Endesa announced the establishment of over 8,500 public charging points for electric vehicles in Spain by 2023. Endesa will now receive 35 million euros from the European Investment Bank to implement the plan.
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Battery cell manufacturer LG Chem has signed loan agreements with three South Korean banks for a total of 700 billion won – equivalent to around 550 million euros – to finance the expansion of its production capacities in Poland.
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Audi is planning an assembly plant for electric car battery packs near its plant in Ingolstadt. The cells for this are to continue to come from LG Chem. The Korean battery manufacturer also received a loan from the EIB for the expansion of the plant in Poland to what they say will be the world’s […]
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Enel X has secured funding for the AMBRA-Electrify Europe project (AMBRA-E for short) that it coordinates. This project involves investments of 70.75 million euros and includes the construction of more than 3,000 charging stations in Italy, Spain and Romania by 2022.
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The European Investment Bank is providing 27.5 million euros to finance the introduction of cleaner buses in Spain. Specifically, it will support the modernisation of Grupo Ruiz’s bus fleet through the purchase of 32 electric and 141 natural gas buses for public transport.
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The Catalan metropolis wants to reduce the emissions of its public transport system. To this end, Transports Metropolitans de Barcelona aims to purchase 254 environmentally friendly buses. The project is financed with a loan from the European Investment Bank.
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The European Investment Bank (EIB) has announced their principle agreement to support the financing of Northvolt’s planned battery factory for the production of lithium-ion cells in Skellefteå, Sweden, with a loan of 350 million euros.
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The Italian energy provider Enel has received a 115 million euro EIB loan for their plan to set up around 14,000 EV charging stations in all of Italy.
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Northvolt has secured financing of up 52,5 million euros from the European Investment Bank, based in Luxembourg, in order to construct a demonstration of its planned battery cell factory in Sweden.
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