Global Trade Alert
Global Trade Alert

Germany: EIB grants investment support for FAZUA's R&D activities related to E-bike drive systems

Announcement

01 Aug 2019

In August 2019, the European Investment Bank (EIB) signed a loan agreement with FAZUA GmbH to support its research and development activities related to electric bike's drive system. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Aug 2019

Revocation date:

No revocation date

Updated: 01 Aug 2019
State loan In force

On 1 August 2019, the European Investment Bank (EIB) and FAZUA GmbH signed a loan agreement having a total value of EUR 12 million (approx. USD 13.3 million). The loan will supp...

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