Vilnius secures €110 million loan for bus electrification
Vilnius public transport operator VVT has secured €110 million from the CEB and EIB to support fleet electrification. The funding is meant to enable 161 emission-free buses and the charging infrastructure they require.
VVT, the public transport operator for Vilnius, is continuing to electrify its fleet. The city has secured €110 million from the Council of Europe Development Bank (CEB) and the European Investment Bank (EIB).
The loan is intended to support the introduction of 161 emission-free buses.
It will also cover the charging infrastructure needed for the new vehicles.
VVTVilniusCouncil of Europe Development BankCEBEuropean Investment BankEIBpublic transportbus electrificationcharging infrastructurefleet transitionLT