Global Trade Alert
Global Trade Alert

Germany: EIB provides financing to Evum Motors GmbH for developing electric vehicles

Announcement

05 Sep 2022

In September 2022, the EIB provided financing worth EUR 12 million (USD 12 million) to Evum Motors GmbH. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Sep 2022

Revocation date:

No revocation date

Updated: 05 Sep 2022
State loan In force
On 5 September 2022, the European Investment Bank (EIB) and Evum Motors GmbH signed a loan agreement worth EUR 12 million (approx. USD 12 million) for the project 'Evum Motors (EGFF)' from Germany. Th...
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