EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects
Green Car Congress
JULY 25, 2009
The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. Johnson Controls-Saft – the battery system. management of the vehicle. GKN – the transmission.
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