(CercleFinance.com) – The DBT Group will receive a grant of 1.5ME linked to the European recovery fund React-EU. The aid will finance the innovations deployed on its new fast and ultra-fast charging ranges.
Thanks to this subsidy, which covers nearly 85% of the project’s investments until 2023, DBT plans to hire up to 15 people in its Brebières plant.
DBT’s technological project was selected by the Hauts-de-France Region, decision-maker in the allocation of Feder REACT-EU funds.
The purpose of this envelope is to provide financial support to project promoters to contribute to economic recovery.
‘This funding will allow us to reinforce our strengths: quality products with a sustainable industrial model. This funding program highlights the know-how of the territories to develop eco-sustainable solutions for the mobility of the future,” comments Alexandre Borgoltz, CEO of DBT.