Project Detail |
The project concerns Piaggios investments in research, development and innovation (RDI) related to technologies applicable to electric two-wheelers and electric light commercial four-wheeler. The related activities will be carried out at the promoters RDI premises in Italy, in the period 2022-2025.
Objectives
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 sectors development, notably the increasing urbanisation and the need to develop sustainable mobility solutions, particularly in urban and suburban areas.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
EUR 120 million |