MAHLE receives USD300-million loan from EIB as support for R&D in zero-emission technologies
The projects include investments in eco-friendly technologies, such as electric motor and battery components, thermal management, cooling and air quality systems, hydrogen and fuel-cell components, as well as power electronics and traction motors
German supplier of powertrain, thermal and electronic components, MAHLE has received a loan of EUR300 million (USD300.83 million) from the European Investment Bank (EIB) in the form of a support to accelerate research and development (R&D) in vehicle electrification and the decarbonization of road traffic, Germany's fourth-largest automotive supplier said on 30 August 2022.
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