The European Commission approved a grant of EUR 179,5 million to Project 3 Mobility
Summary
Zagreb, May 15, 2023 The Directorate-General for Competition (DG COMP) of the European Commission has approved a grant of 179,5 million euros to the company Project 3 Mobility.The Croatian company is being granted funds for the project "Research, development and production of new mobility vehicles and supporting infrastructure", which is registered as a part of the National Recovery and Resilience Plan. We are proud that we successfully fulfilled all the criteria and demonstrated the value of our project to Croatian and EU institutions. During the past two years, it was necessary to demonstrate the alignment of our project with the European green and digital transition goals, in addition to providing added value in a number of societal aspects, all to justify the EUs financial support for its development. The ecosystem consists of three main components: the autonomous electric vehicle, specialized infrastructure, and a complete service platform. The production facility will put Croatia on the map as a country that encourages the development of key future technologies that will bring numerous benefits to the community and create significant progress in the direction of digital and green technologies.