The EIB signed a EUR 400m loan to Renault on 27 May, as the car maker prioritises research and development for a new generation of environmentally-friendly and affordable cars.
Philippe de Fontaine Vive, EIB Vice President, hailed the agreement, saying that “cutting edge technologies are a beacon for the future in terms of sustainable development and competitiveness. By supporting innovation, (the EIB) is preparing the future for the European automobile industry.”
See full Press Release: http://www.eib.org/infocentre/press/news/all/the-next-generation-of-eco-friendly-cars.htm
Posts
