RDI VEHICLE IMPROVEMENTS

Promoter – Financial Intermediary

RDI Vehicle

Location

• France
• Sweden

Description

The project concerns research, development and innovation (RDI) investments in the areas of fuel efficiency, pollutant emissions and active and passive safety. In addition, the project includes a number of activities related to innovative powertrains and alternative fuels as well as novel projects in the area of efficient mobility (platooning). The projects concern powertrain, component and vehicle-related activities in all three divisions (commercial vehicles, buses and construction equipment) and will be carried out in the promoter's technical centres in Sweden and France.

Objectives

The investment programme will have a positive environmental impact through the reduction of truck emissions and fuel consumption, and will allow the promoter to develop the next powertrain generation compliant with upcoming regulations. In addition, and given the high importance of fuel consumption in the commercial vehicles segment, the activities on fuel efficiency will allow the promoter to maintain its competitive advantage in the segment, consequently securing its research and development (R&D) activities and overall workforce in Europe.

Sector(s)

• Industry

Proposed EIB finance (Approximate amount)

EUR 600 million

Total cost (Approximate amount)

EUR 1250 million

Environmental aspects

The project concerns investments in research and development that are expected to be carried out in existing facilities without changing their already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Any possible environmental issue will however be verified during the project appraisal.

Procurement

The promoter is a private company not operating in the utilities sector and not having the status of contracting authority. Thus it is not covered by EU directives on procurement.

Status

Signed - 16/12/2016