Bucharest-based Autonom Group, a car rental company, announced on Tuesday, September 27, that it has received €15M from the European Investment Bank (EIB), marking the EIB’s first investment in green business transport in Romania.
Autonom says the funds will help it to accelerate the transition to using low-emission vehicles in Romania and help businesses reduce carbon emissions.
The capital will also enable the Romanian mobility service provider to use more electric and hybrid vehicles, which are currently in limited supply for long-term business use. The company will acquire 895 low-emission vehicles – 705 electric and 190 hybrids.
EIB says low-carbon vehicle leasing will help business users to save money and reduce carbon emissions. Autonom is also planning to install solar panels and electric charging stations in selected offices throughout the country to power vehicles.