Ford United Kingdom receive nearly $ 700 million loan low carbon engine research and development
Super cars news integrated foreign reports, July 12 days, car Ford United Kingdom branch and the European Investment Bank (EIB) signed a loan agreement, the loan from EIB Ford 4.5 billion euros (about $ 6.78 million) for low-carbon engine and development of commercial vehicle technology.
United Kingdom Government to Ford United Kingdom loans provides 80 percent of the loan. The next five years, Ford, United Kingdom for low-carbon engine and commercial vehicle technology total investment will reach 15 million euros (approximately 19 billion).
EIB Vice President Simon Brooks said: "Ford engine technology will bring some to the United Kingdom listed technical innovation, and will improve the air environment. ”
(Super car network)