Original disclosure @ EIB website
Updated in EWS Apr 30, 2022
Disclosed by Bank Sep 16, 2021
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According to the bank website, the project concerns the development of Autonomous Vehicles technologies and Last-Mile Autonomous Shuttle applications. The research and development (R&D) focus will be on delivering efficient systems capable of functioning under any adverse weather conditions.
The project concerns the company's R&D investments related to the technology and product development of their Autonomous Driving kit as well as the four modules that comprise the full stack. The investments will be carried out in Finland between 2021 and 2023 and will support the company's growth and its introduction as an industrial player in the innovative sector of Autonomous Vehicle technologies. All investments will be incurred in Europe mainly for R&D investments, including salaries and general R&D expenses.
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