Release date: 10 April 2025
Promoter – Financial Intermediary
DAIMLER TRUCK FINANCIAL SERVICES GMBHLocation
Description
The operThe operation is structured as a Multiple Beneficiary Intermediated Loan (MBIL) to support leasing and financing of zero-emission trucks and buses, primarily in Germany, while not excluding other EU countries.
Objectives
The aim is to finance zero-emission battery-electric trucks and busses to support the transformation to sustainable mobility. The market for battery-electric trucks is at an early stage of development with high upfront costs. By financing leasing companies, the EIB plays a significant role in supporting the deployment of electric vehicles in the EU market, thereby also helping the scaling up of electric truck production while reducing costs. The project contributes 100% to Climate Action and Environmental Sustainability and is thus eligible under Article 309 point (c) common interest. It also contributes to the EIB's Transport Lending Policy and Climate Bank Roadmap, as well as sustainable and decarbonised road transport, thereby also supporting EU policy objectives.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Approved - 7/04/2025
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).