Search EN menu en EIB GROUP CLIENT PORTAL
Close EIB GROUP CLIENT PORTAL
Search
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

R&D FOR SUSTAINABLE MOBILITY (PHASE 1)

Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Germany : € 400,000,000
Industry : € 400,000,000
Signature date(s)
4/06/2009 : € 400,000,000
Link to source
Data sheet
R&D FOR SUSTAINABLE MOBILITY (PHASE 1)
Other links
Summary sheet
R&D for sustainable mobility (Phase 1)

Summary sheet

Release date
10 February 2009
Status
Reference
Signed | 04/06/2009
20080676
Project name
Promoter - financial intermediary
R&D for sustainable mobility (Phase 1)

One of the leading automotive manufacturers in Europe

Proposed EIB finance (Approximate amount)
EUR 400 million.
Location
Sector(s)
Description
Objectives

The project concerns the promoter’s automotive RDI activities for the optimisation and further increase of efficiency of conventional powertrains and the electrification of powertrains in the period 2009-2012.

A significant reduction in CO2 and other emissions of the promoter’s future powertrains.

Environmental aspects
Procurement

The project concerns investments in research and development that are expected to be carried out in existing facilities, already authorised. An EIA therefore is not required by EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Overall, the commercial product of the activities is expected to have a positive environmental impact resulting in substantial reductions in terms of vehicle emissions and fuel consumption.

Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.

Comments

Loan foreseen under the European Clean Transport Facility (ECTF)

Link to source
Summary sheet
R&D for sustainable mobility (Phase 1)
Other links
Data sheet
R&D FOR SUSTAINABLE MOBILITY (PHASE 1)

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

Related publications