Iveco Group has successfully signed a €150 million term loan with Cassa Depositi e Prestiti (CDP) for the implementation of new projects in Italy dedicated to research, development and innovation.

In particular, thanks to the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and deepen solutions for autonomous driving, digitalization and vehicle connectivity with the aim of increasing efficiency, safety, driving comfort and productivity.

The funded investments, which will have an amortization profile of five years, will be implemented by Iveco Group in Italy by the end of 2025.

Highlights

Related articles

Test-driving the Mercedes eCitaro G fuel cell

When it comes to electric vehicles, one of the key issues is range, which is the biggest point of vulnerability to date. For a 18m articulated vehicle that can weigh up to 30 tonnes and carry almost 130 passengers, the demand for power becomes quite significant and mileage is essential for being abl...