Webasto receives €100m funding for battery development

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.

To continue reading, click now to try our £4 for 4-week trial offer for IBI Plus, providing immediate access to all our Premium Content…

This is premium content

You must be a subscriber and signed-in to access this content.

IBI Magazine_Website_promo_July

To continue, subscribe to IBI Plus

Benefits include:

  • Breaking industry news as it happens
  • Unlimited access to all IBI Plus Premium content, including:
  • Industry statistics / Market reports / Company insights / In-depth segment reports
  • Our archive of more than 38,000 news items and features
  • Save articles in your personal library under ’My Account’

to gain access to IBI Plus Premium content.

Alternatively, REGISTER to receive IBI Daily News & Breaking News alerts for free.

Already a subscriber? Sign-in now at the top of this page.