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EIB funds Ayvens eLCVs
Photo: Ayvens
Ayvens has reported that it has signed a new financing agreement with the European Investment Bank (EIB) to expand its fleet of electric light commercial vehicles (eLCVs) in Europe.
The EUR 350 million loan from the EIB, matched by a co-investment from Ayvens, will fund the deployment of 19,000 eLCVs over the next three years, primarily in Germany, France, Italy and the Netherlands. With the expansion of low-emission zones in Europe, challenges such as vehicle availability, affordability, charging infrastructure and regulatory changes remain significant.
EIB vice-president Ambroise Fayolle emphasised the role of this financing in accelerating fleet decarbonisation in Europe, particularly for electric vehicles, a key customer segment for Ayvens. (js)