Unterzeichnung(en)
Übersicht
The project concerns selected research and development (R&D) investments mostly related to technological innovations for combustion engines contributing to higher efficiency and reduced emissions of automotive vehicles.
The project is expected to strengthen the technological and market position of the promoter in its core technology areas related to combustion engines, and also covers alternative drive technologies that are of growing importance for the automotive sector. Hence, it will be of critical importance for European automotive manufacturers in order to address emission regulation objectives.
The project concerns investments in R&D that are expected to be carried out in existing facilities already authorised and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU as amended. The Bank's services will review during the project appraisal whether any of the investments concern construction of engine test benches that could fall under Annex II of the EIA Directive, as well as any other environmental details of the project.
The promoter is a private company not operating in the Utilities sector and not having the status of contracting authority. Thus it is not covered by EU directives on procurement.