Research, development and innovation activities in support of manufacturing sites for Johnson Controls Inc. latest generation of lead-acid battery capacities in Germany. In addition to the RDI activities performed in the R&D centre located in Hannover, the project includes the expansion of the manufacturing plant located in Zwickau and the expansion of the recycling plant located in Krautscheid.
The project supports the development of the new AGM batteries, which is one of the most important elements of the ongoing trends towards electrification in the automotive industry, and the widespread implementation of micro-hybridisation. AGM batteries also display better safety features than those based on conventional technology.
The project comprises capital investments in manufacturing and recycling plants for automotive batteries as well as related innovation and product development activities, for which Environmental Impact Assessments (EIA) may be required according to the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. To be assessed during the project appraisal.
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.