September 27 (SeeNews) - The European Investment Bank (EIB) said on Tuesday it is lending 15 million euro ($14.5 million) to Romanian mobility service provider Autonom Group to buy 895 low-emission vehicles.
The financing will enable Autonom to acquire an expected 705 electric and 190 hybrid vehicles, the EIB said in a press release.
Autonom is also considering installing solar panels and electric charging stations in selected offices throughout the country to use green energy to power the vehicles.
The financing will help accelerate the transition to the greater use of low-emission vehicles in Romania and help businesses to reduce carbon emissions, the lender said.
Autonom provides its clients with various transportation and car rental solutions through over 46 agencies present in over 33 cities in Romania and Hungary.
($=1.0346 euro)