Summary sheet
The project will support the company's investments in electric trailer technology and production capacity in Germany over the next 3 years (2025-2027).
The aim is to contribute to speed up electrification of road freight transport in Europe. Hence, the project supports a wide range of EU policies and contributes to the European decarbonisation objectives.
The project also covers components of technology development, production scale-up costs including industrialisation, equipment and materials. Project components do not fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending 2011/92/EU) on the assessment of the effects of certain public and private projects on environment.
The Borrower has been assessed by the EIB as being a private company and hence not being subject to EU rules on public procurement or concessions.