Tag Archives: electric light commercial vehicles

EIB and Ayvens Launch EUR 700 Million Initiative to Electrify 19,000 Commercial Vehicles in Europe

(IN BRIEF) The European Investment Bank (EIB) has issued its first green loan, signing a EUR 700 million financing agreement with sustainable mobility leader Ayvens in December 2024. The deal, which splits into a EUR 350 million EIB credit and … Read the full press release

New IDTechEx Report Predicts Regulatory Shifts Will Transform the Electric Light Commercial Vehicle Market

(IN BRIEF) A new report from market intelligence firm IDTechEx, Electric Light Commercial Vehicles 2025-2045: Markets, Players, Forecasts, predicts significant growth for electric light commercial vehicles (eLCVs), forecasting sales to surpass 11 million units by 2045. The report highlights how … Read the full press release

The Italian Piaggio Group and the Chinese Foton Motor to jointly produce new electrically powered light commercial vehicle

(PRESS RELEASE) MANTUA, Italy, 29-Nov-2022 — /EuropaWire/ — Piaggio & C. S.p.A. (PIA.MI), one of the world’s leading companies with focus on the light mobility market, has announced a new preliminary partnership agreement with Foton Motor Group, a Chinese enterprise … Read the full press release