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

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

The project foresees a gradual implementation phase: from the two BEV trucks already in operation, the fleet will expand to more than ten electric vehicles Mercedes-Benz eActros 600 by the third quarter of 2026. Italian company LC3 Trasporti plays a key role in it.

Antti Vuola, VP Products at Kempower, was one of the main speakers at the first edition of the Live Winter Days organized by the Finnish charging systems manufacturer. We had the opportunity to participate in the event in Sweden and meet Mr Vuola, whose vision about the future of electric industrial...

In view of the next edition of ACT Expo, scheduled in Las Vegas from 4 to 7 May, we had the great opportunity to have a chat with him. While taking stock of the incoming ACT Expo, we could also discuss about the trends and prospects of cleaner transportation in quite a challenging era. Let's start w...

The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery research and development center in Europe.

Harbinger has acquired autonomous driving company Phantom AI. In addition to this acquisition, Harbinger and ZF Group’s Advanced Driver Assistance Systems (ADAS) business unit for passenger cars are also announcing a deal to license Phantom AI’s computer vision for its passenger car ADAS products....

The three central light functions – tail light, brake light and indicator – are no longer separate, but combined in a single light chamber. These functions are supplemented by separate reversing lights and triangular reflectors. The rear fog light is located in the licence plate module. Intelligent ...

The divestment was done through a business transfer at fair market value, based on an independent third-party valuation. Einride will retain a minority ownership stake in the company and has signed a three-year retainer agreement with Navisalma Design to provide for the Einride’s brand, design, and ...

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
PHPSESSID	session	This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

Cookie	Duration	Description
__sharethis_cookie_test__	session	ShareThis sets this cookie to track which pages are being shared and by whom.

Performance

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_UA-198583618-1	1 minute	A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
CONSENT	2 years	YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Cookie	Duration	Description
advanced_ads_browser_width	1 month	This cookie is set by Advanced ads plugin.This cookie is used to measure and store the user browser width for adverts.
VISITOR_INFO1_LIVE	5 months 27 days	A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSC	session	YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devices	never	YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-id	never	YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.

Others

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

Highlights

Up to 10 Mercedes eActros 600 will be working for Inter IKEA in Italy

“Megawatt charging is here to stay!”. Our interview with Antti Vuola (Kempower)

The future is electrified, connected, autonomous. Erik Neandross (TRC) anticipates ACT Expo 2026

Related articles

Lyten completes acquisition of former Northvolt battery assets in Sweden

U.S.-based truck maker Harbinger makes advancements towards autonomous driving and ADAS

Krone unveils new LED lighting system for trailers

Einride divests design organization, now acquired by Navisalma Design