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Reference: 20230825
Release date: 10 April 2025

Promoter – Financial Intermediary

DAIMLER TRUCK FINANCIAL SERVICES GM

Location

Description

The project aims to support leasing and financing of zero-emission trucks and busses in several EU Member States such as Germany (for the main part), Belgium, France, the Netherlands and Spain.

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 support of EV deployment on the EU market, hence also supports scale up of the production of electric trucks while reducing the costs. The project contributes (100%share) 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)

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

Milestone
Under appraisal
Approved
7 April 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).

Related tags

EU Countries Germany Transport