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

Marc Martinez has been at the helm of MAN Italy, and also responsible for the Adriatic area, for just over three years. The French manager's journey has been anything but straightforward, from the initial difficulties caused by supply problems that slowed down the Bavarian brand to the recovery that...

The study also shows that overnight charging will be the primary charging mode of battery electric trucks in 2030, while ultrafast megawatt chargers will represent almost 15% of charging power needs. “Battery electric trucks are on track to become the backbone of Europe’s zero-emission freight fleet...

TIME's Best Inventions list spotlights innovations that transform how we live, work and move. This year’s selection of 300 groundbreaking solutions highlights the industry-defining potential of Hyundai Motor and PlusAI’s hydrogen-powered autonomous truck.

On October 1st, GATE changed its corporate structure. Founded as part of the Iveco Group and specializing in pay-per-use long-term rental solutions for electric vehicles no more than three years ago, GATE is now 51% owned by Dutch vendor finance company DLL and 49% by the Iveco Group. During a digit...

In this role, Baumbick, who most recently served as vice president, Advanced Product Development, Cycle Planning and Programs, will lead the strategic direction for the company’s European business unit. Baumbick will report to Ford Vice Chair John Lawler. Baumbick has served in a variety of roles at...

Covering 800,000 square metres, the site has a licensed production capacity of 50,000 vehicles a year and will serve both the Chinese market and selected export markets in Asia and beyond. Scania is the first western OEM to be granted a full production licence for a wholly owned truck plant in China...

"His return to Europe marks a new chapter for Stellantis in this region of immense potential, as we focus on sustainable growth, customer-centric innovation, and operational excellence", reports Stellantis in an official note. Cappellano succeeds Jean-Philippe Imparato, who will now focus full-time ...

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

Our interview with Marc Martinez, CEO Man Truck & Bus Adriatic. The portrait of a pragmatic manager

ICCT: up to 80,000 public chargers (of which 5,300 megawatt chargers) are needed in Europe by 2030

Hyundai and PlusAI win prestigious TIME award for their autonomous hydrogen truck project

Related articles

GATE welcomes new CEO Elio Fonti. The pay-per-use formula will be extended to new brands

Jim Baumbick is the new president of Ford Europe

Scania inaugurates brand-new production plant in Rugao, China

Emanuele Cappellano is the new Global Head of Stellantis Pro One