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FCA receives €300 million loan for R&D projects from EIB

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Fiat Chrysler Automobiles N.V. has signed a €300 million ($321 million) five- year loan with the European Investment Bank (EIB) to support specific investments to be implemented by FCA during 2019-2021.

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FCA investments aim at supporting the manufacturing deployment of the most advanced vehicle powertrain electrification technologies and in particular the setup of production lines for the manufacturing of plug-in hybrid electric vehicles (PHEVs), at the FCA's production plant in Melfi (Italy), and the manufacturing of battery electric vehicles (BEV), at the production plant in Mirafiori (Italy).

The loan consolidates EIB collaboration with FCA.


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FCA receives €300 million loan for R&D projects from EIB
Modified on Thursday 19th March 2020
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