France: EIB approves 600 million euros in financing for Valeo's research projects related to technologies designed to reduce CO2 emissions and improve active safety
The EIB has approved a 600 million euro package for automotive supplier Valeo to finance its research projects focused on reducing CO2 emissions and improving vehicle safety. The funds are to be allocated to Valeo’s Europe-based research projects, primarily in France, but also in Germany, the Czech Republic and Ireland.
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