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

Depot-first autonomy for European smartbuses

For more than a decade, autonomous buses have been “almost ready.” Demonstrations with safety drivers began around 2015, and ten years later, this is still largely what we see. The reason is not a lack of ambition – it is physics, safety, and economics. Autonomous buses on city streets a...

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