VOLVO CARS INNOVATIVE TECHNOLOGIES RDI

Promoteur – Intermédiaire Financier

VOLVO CAR CORP

Lieu

• Suède

Description

R&D aimed at the development of fuel efficient powertrains, active safety systems and telematics, and related vehicle technologies.

Objectifs

The project will contribute to increasing the promoter's know-how and, among others, is expected to lead to fuel efficiency and the reduction of CO2 emissions and other local pollutants from motor vehicles.

Secteur(s)

• Industrie - Industrie manufacturière

Montant BEI envisagé (montant approximatif)

EUR 345 million

Coût total (montant approximatif)

EUR 497 million

Aspects environnementaux

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 the Directive 2011/92/EU. The Bank's services will review during the project appraisal whether any of the investments could fall under Annex II of the EIA Directive, as well as any other environmental details of the project.

Passation des marchés

The promoter is a private company not operating in the Utilities sector and not having a status of contracting authority. Thus it is not covered by EU directives on procurement.

Statut

Signé - 8/11/2017