Original disclosure @ EIB website
Updated in EWS Mar 6, 2023
Disclosed by Bank Feb 15, 2023
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As stated by the EIB, the project concerns Piaggio's investments in research, development and innovation related to technologies applicable to electric two-wheelers and electric light commercial four-wheeler. The related activities will be carried out at the promoter's RDI premises in Italy, in the period 2022-2025.
The primary objective is to develop zero-emission technologies and products for two-wheeler and light commercial vehicle applications.
Investments also aim to set-up an "E-mobility" laboratory and testing centre, as well as to develop and deploy cybersecurity technologies. The project addresses the main societal trends driving the sector's development, notably the increasing urbanisation and the need to develop sustainable mobility solutions, particularly in urban and suburban areas.
According to Bloomberg, Piaggio & C. S.p.A., together with its subsidiaries, engages in the manufacture and sale of two-wheeler motor vehicles and commercial vehicles in Europe and internationally. The Company offers two-wheelers, including scooters, mopeds, and motorcycles, as well as three and four-wheeler light transport sector vehicles, as wells as related accessories and spare parts under various brands.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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No project contacts available at the time of disclosure.
Borrower - Piaggio & C. SpA:
Address: Viale Rinaldo Piaggio, 25 - 56025 Pontedera (PI), Italy
Phone: +39 0587272111
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