Business
The EIB and Stark Future sign a €40 million loan to invest in innovation and new solutions for the electric motorcycle sector
The EIB and Stark Future have signed a €40 million loan to invest in innovation and expand electric motorcycle production. The loan will fund Stark’s R&D and manufacturing scale-up, supporting EIB's climate and technology goals. The operation is back
The EIB and Stark Future have signed a €40 million loan to invest in innovation and expand electric motorcycle production. The loan will fund Stark’s R&D and manufacturing scale-up, supporting EIB's climate and technology goals. The operation is backed by the EU’s Invest EU programme.
Barcelona, Spain - September 17, 2024 —
· The loan will fund Stark’s research, development and innovation activities and the scaling-up of the company’s manufacturing capacity.
· Investment will support increased production of e-motorbikes and e-motorcross bikes contributing to the EIB’s technology innovation and climate action goals.
· This operation is backed by the European Union’s InvestEU programme to mobilise public and private sector funds in support of EU policy goals.
Barcelona, Spain - September 17, 2024 —
· The loan will fund Stark’s research, development and innovation activities and the scaling-up of the company’s manufacturing capacity.
· Investment will support increased production of e-motorbikes and e-motorcross bikes contributing to the EIB’s technology innovation and climate action goals.
· This operation is backed by the European Union’s InvestEU programme to mobilise public and private sector funds in support of EU policy goals.