Better Place bags €40m European Investment Bank loan

BusinessGreen staff
clock •

Company's first-ever credit facility from a financial institution to expand its electric car battery swap stations in Europe

Better Place has been awarded a €40m loan from the European Investment Bank (EIB) to expand its network of battery-swapping stations for electric cars. The loan marks the first-ever credit facility...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Climate finance still treats women as a risk - but the real risk is continuing to overlook them

TNFD: A tick-box exercise or genuine driver of sustainable change?

More on Automotive

The UK's EV transition is accelerating - but can it be sustained?
Automotive

The UK's EV transition is accelerating - but can it be sustained?

New official data suggests EV adoption in the UK is 'on track' to meet government targets, but the auto industry is continuing to demand an 'urgent review' of targets it fears are too ambitious

Stuart Stone
Stuart Stone
clock 12 March 2026 • 9 min read
Reports: Stellantis plans £50m electric van investment at Ellesmere Port factory
Automotive

Reports: Stellantis plans £50m electric van investment at Ellesmere Port factory

Vauxhall-owner said to be planning to ramp up electric van production at its Ellesmere Port assembly line, despite on-going concerns over UK's ZEV Mandate

BusinessGreen staff
BusinessGreen staff
clock 09 March 2026 • 3 min read
'Blind spot': Poll shows anti-EV myths continuing to gain traction with the public
Automotive

'Blind spot': Poll shows anti-EV myths continuing to gain traction with the public

Over half of non-EV drivers erroneously think EVs are more likely to catch fire than petrol models, while a third mistakenly believe EVs fail to deliver lifetime emissions savings

James Murray
James Murray
clock 09 March 2026 • 6 min read