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KTM secures $95 million in financing for R&D

News release

KTM concluded a loan agreement with the European Investment Bank for a loan amounting to 75 million EUR ($95.5 million) and a six-year maturity.

With this loan, research and development projects of the next years are financed. The focus of the projects is on road safety, fuel consumption, lightweight construction and electric mobility.

KTM concluded a loan agreement with the European Investment Bank for a loan amounting to 75 million EUR ($95.5 million) and a six-year maturity. (From left) Alexander Hüttner (SCWP), Paulo Munini (EIB), Friedrich Roithner (KTM), Wilhelm Molterer (EIB), Viktor Sigl (KTM), Stefan Pierer (KTM), Harald Plöckinger (KTM) and Philip Habsburg (KTM).
KTM concluded a loan agreement with the European Investment Bank for a loan amounting to 75 million EUR ($95.5 million) and a six-year maturity. (From left) Alexander Hüttner (SCWP), Paulo Munini (EIB), Friedrich Roithner (KTM), Wilhelm Molterer (EIB), Viktor Sigl (KTM), Stefan Pierer (KTM), Harald Plöckinger (KTM) and Philip Habsburg (KTM).

Wilhelm Molterer, vice president of the European Investment Bank therefore visited the production facility and the research and development center at the location in Mattighofen, Austria.

In the area of electric mobility, he could also convince himself of the new electric endure “Freeride E”. This model has been introduced to the public last week in Saalbach-Hinterglemm and the series production will start in October.

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KTM AG

With this financing, KTM further expands its top position as technology leader and therefore continues the global product strategy consequently.

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