What is the goal of the investment?

Promote the technological transformation of bus production chains to guarantee the necessary   production capacity in order to substitute  dated public transport with new electrical and connected models reducing the environmental impact by public transport. 

Total investment cost 300 million
  • Youth
  • Reduce the gaps in standards of living
  • Gender equality
Additional details

The national strategic plan for sustainable mobility envisages the gradual replacement of dated buses and public transport vehicles with new, less polluting vehicles, in particular electric vehicles. The renewal of the bus fleet and the improvement in the level of service implies, however, the availability on the market of an adequate amount of vehicles, and consequently, the necessary adjustment of the production chain. The investment sustains, through the financing of approximately 45 projects the green and digital transformation of the bus industry. 

What are the benefits?

  • more efficient and green public transport
  • improvement in air quality especially in urban centres
  • new jobs in that sector

Key steps and expected expenditure

Key Dates