Project Detail |
The project will finance Blubrakes research, development and innovation (RDI) activities in the field of anti-lock braking system (ABS) solutions and related business expansion. Objectives The EIB funding will help the promoter to expand its ABS production, which will help to make light electric vehicles, for example e-bikes, safer and more affordable. The project will thus contribute to ease the transition towards green urban mobility. Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 10 million Total cost (Approximate amount) EUR 22 million |