SWEDEN SCANIA LOW EMISSION LORRY ENGINE RESEARCH EIB LOAN
January 1st, 2006
BY KEITH NUTHALL
A RESEARCH project staged by Swedish lorry manufacturer Scania to develop low emission engines could secure a Euro 210 million loan from the European Investment Bank (EIB). The motor will be designed to have improved fuel efficiency and reduced emissions, which anticipate future increasingly tight European Union (EU) and international emissions legislation, rather than existing or planned laws. Should the bank board approve the a planned loan formally, it would fund 40% of the Euro 520 million Scania project, which will be carried out from this ...
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