The European Investment Bank (EIB) signed, on 15 July, a €200-million loan agreement to finance PSA Peugeot Citroën’s programme to develop plug-in hybrid vehicles. Representing a total outlay of €400 million, the programme is part of the group’s ongoing investment in R&D and is also aligned with the EIB’s commitment to promoting sustainable development. The project is designed to develop a new technology that will enable PSA Peugeot Citroën to maintain its lead in the reduction of CO ₂ emissions.