Summary sheet
The project concerns selected activities from the promoter’s research and development (R&D) programme, specific to the development of a new commercial vehicle platform.
The new platform will incorporate new features aiming among other things at improved fuel economy, weight reduction and enhanced safety.
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised, in which case an Environmental Impact Assessment (EIA) would not be required by EIA Directive 2011/92/EU. However, the Bank’s services will review during the project’s appraisal whether the investment also concerns capital expenditures related to the construction of test facilities that could fall under Annex II of the EIA directive, as well as any other environmental details.
The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority, and is thus not covered by EU Directives on procurement. Procurement is expected to be in line with EIB guidelines for private sector projects, but nevertheless the Bank’s services will verify details during the project’s appraisal.
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).
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