EIB Boosts CAF's €80M Research in Autonomous Mobility and Energy-Efficient Trains
In 2024, the European Investment Bank (EIB) signed a significant €80 million loan with global transportation systems leader CAF Group. This agreement aims to boost research, development, and innovation in autonomous mobility and energy efficiency for trains and buses in Spain and Poland.
The EIB, the EU's long-term lending institution, focuses on climate action and environmental sustainability. In 2024, it signed nearly €89 billion in new financing for over 900 high-impact projects, with half going to cohesion regions and 60% supporting climate action.
The loan to CAF will support the company's investments in advanced technologies for sustainable and modern mobility. CAF, with over 17,000 employees and production facilities worldwide, is a global leader in comprehensive transportation systems. The project aligns with the EIB's strategic priorities of technological innovation, cohesion, and climate action.
In Spain, the EIB Group signed new financing worth €12.3 billion for over 100 high-impact projects in 2024, contributing to the country's green and digital transition.
The €80 million loan from the EIB to CAF will promote research and development in autonomous mobility and energy-efficient trains and buses in Spain and Poland. This investment aligns with both institutions' commitment to sustainability and innovation, driving progress in modern mobility.
