Fiat Chrysler Automobiles N.V. (FCA) has signed with the European Investment Bank (EIB) a 鈧�420 million ($484.5 million) four-year loan to support research and development projects to be implemented by FCA between 2018 and 2020, the company announced Wednesday.
FCA's R&D investment has a number of key objectives including electrification technology solutions for hybrid and battery electric vehicles and the development of autonomous driving, a press release said.
Moreover, the R&D activities will be dedicated to the application of connectivity technologies for the offering of telematics services on FCA's product line-up, the statement read.
The projects also include the development of digital technologies to be deployed in manufacturing processes.
By Ebru Sengul
Anadolu Agency
energy@aa.com.tr