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France: PSA secures €200m EIB loan for plug-ins

PSA Peugeot Citroën has secured a €200m (US$259m) loan from the European Investment Bank (EIB) to finance development of plug-in hybrid vehicles. The loan was granted under the European Clean Transport Facility (ECTF) financing programme. The OEM plans to invest a total of €400m in its efforts to develop diesel-electric plug-in It’s time to log … Continued

PSA Peugeot Citroën has secured a €200m (US$259m) loan from the European Investment Bank (EIB) to finance development of plug-in hybrid vehicles. The loan was granted under the European Clean Transport Facility (ECTF) financing programme.

The OEM plans to invest a total of €400m in its efforts to develop diesel-electric plug-in

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