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

More on Automotive

Bentley reveals name of its first electric vehicle

Bentley reveals name of its first electric vehicle

The 'Torcal' - the British luxury auto brand's first pure electric car - is expected to be fully unveiled in September this year

clock 10 July 2026 • 1 min read
'UK first' EV pick-ups deployed by aggregates firm

'UK first' EV pick-ups deployed by aggregates firm

Sheffield-based MHH Contracting among the first UK firms to take delivery of Isuzu D-Max pick-up - an electric vehicle with a payload of over one tonne

BusinessGreen staff
clock 09 July 2026 • 2 min read
Electric vehicles drive a quarter of 2026 new car sales to date

Electric vehicles drive a quarter of 2026 new car sales to date

SMMT data confirms EVs made up 30 per cent of the car market in June, reaching 25 per cent market share for the year to date

Michael Holder
clock 06 July 2026 • 6 min read