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EIB ups financing for Fiat Chrysler's electric vehicles to $949 million

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Old Sep 19, 2020 | 07:33 AM
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Default EIB ups financing for Fiat Chrysler's electric vehicles to $949 million

Filed under: Earnings/Financials,Green,Plants/Manufacturing,Chrysler,Fiat

The European Investment Bank (EIB) has increased to almost 800 million euros ($949 million) its funding to Fiat Chrysler Automobiles (FCA) to support production of electric and hybrid vehicles, they said in a joint statement. Investments to manufacture battery electric vehicles and plug-in hybrid electric vehicles will be mainly directed at FCA plants located in southern Italy, supporting employment and compliance with the strictest environmental criteria. To improve capacity utilisaContinue reading EIB ups financing for Fiat Chrysler's electric vehicles to $949 million

EIB ups financing for Fiat Chrysler's electric vehicles to $949 million originally appeared on Autoblog on Sat, 19 Sep 2020 08:27:00 EDT. Please see our terms for use of feeds.



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