Companies

Webasto receives €100m funding for battery development

> , By 2022-10-21T11:30:00

Schierling bettery plant

German equipment manufacturer awarded Green Loan from EIB in support of EV sustainability initiatives

Stockdorf, Germany-based equipment manufacturer Webasto Group has received a €100m loan from the European Investment Bank (EIB) in support of its activities to develop batteries for electric vehicles which, one day, could also be used to power watercraft.

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