Press Release: Investment Plan for Europe: EUR 70m loan from EIB to AVL

The European Investment Bank (EIB) is providing a EUR 70m loan to AVL List GmbH (AVL). Based in Austria, AVL is a world leader in the development of innovative powertrain systems – together with the necessary measurement and testing technology and simulation software – for the global automotive and transport industries. For 70 years, AVL has been working with global companies across the world in fields ranging from internal combustion engines, fuel cells and electric drives to alternative fuels, control software, transmissions and batteries.

View the press release

Source: European Investment Bank

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