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Sweden: NIB signs EUR 200 million loan agreement with Volvo Car AB to finance R&D investments in battery platforms

Description

On 7 December 2022, the Nordic Investment Bank signed a loan agreement with Volvo Car AB to finance R&D investments into battery platforms for fully electric cars. Volvo Car AB works together with...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Dec 2022

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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