EIB grants €425 million promotional loan for ZF to pursue innovation in braking and steering systems
The loan will enable ZF Friedrichshafen AG to advance braking and steering technologies, focusing on software-defined vehicles and EU cohesion regions
The European Investment Bank (EIB) has granted a €425 million promotional loan to ZF Friedrichshafen to support the Germany-based supplier's €1.3 billion investment in research and development, according to the company’s press release on July 15.
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