Global Trade Alert
Global Trade Alert

France, Germany and Romania: EIB provides financing for 'Automotive Electric and Advanced Mobility RDI'

Announcement

08 Dec 2022

On 8 December 2022, the EIB provided financing worth EUR 250 million (USD 265 million).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Dec 2022

Revocation date:

No revocation date

Updated: 08 Dec 2022
State loan In force

On 8 December 2022, the European Investment Bank (EIB) and Vitesco Technologies Group AG signed a loan agreement worth EUR 250 million (approx. USD 265 million) for the project 'Automotive Electric...

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