Iveco Group has successfully signed a €150 million term loan with Cassa Depositi e Prestiti (CDP) for the implementation of new projects in Italy dedicated to research, development and innovation.

In particular, thanks to the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and deepen solutions for autonomous driving, digitalization and vehicle connectivity with the aim of increasing efficiency, safety, driving comfort and productivity.

The funded investments, which will have an amortization profile of five years, will be implemented by Iveco Group in Italy by the end of 2025.

Highlights

Driver shortage pushes bus depots toward automation

Europe’s public transport operators are entering a period where staffing pressure and fleet electrification meet in the same place: the bus depot. Around 105,000 bus and coach driver positions remain unfilled across Europe (IRU figures cited in sector analyses), and a meaningful slice of working tim...

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