Iveco Group obtains 150 million euro loan to back up R&D investments

"Through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity", stated the group.

By segreteria

Iveco Group turned to Cassa Depositi e Prestiti (CDP) in Italy for a 150 million euro term loan facility. The money will be used to support R&D investments, as well as innovation projects.

“Through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025″, wrote Iveco Group in an official statement.

Highlights

Volvo VNL, the largest order to date in Canada involves 125 trucks

Volvo Trucks has delivered 125 VNL trucks to Highlight Motor Group in Canada. This marks the largest order in Canada to date for Volvo’s new flagship model in North America. More into details, the Volvo VNL 860s will add to Highlight Motor Group’s existing fleet, which is active in long-distance ope...
News

DHL tests SuperPanther electric trucks in Austria

DHL Freight has proposed a suitable route: from Wels, located in the Upper Austrian Alpine foreland, to the Austrian capital of Vienna and back. The total distance is around 400 kilometers. The eTopas 600 will carry a 15-ton cargo load. Both companies are now following up on their declaration of int...

Related articles

Cellcentric appoints Kai Woerner as COO and Managing Director

Cellcentric, the 50:50 fuel-cell joint venture between Daimler Truck and the Volvo Group, has appointed Kai Woerner as Chief Operating Officer and Managing Director from January 2026. Woerner brings operational leadership experience from Bosch and battery supplier AESC.
News