EC approves EUR 179,5 mln grant to Croatia’s Project 3 Mobility

The Directorate-General for Competition (DG COMP) of the European Commission has approved a grant of EUR 179,5 million 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. The process of approving the project at all levels lasted almost a year and a half.

Project 3 Mobility is developing a new urban mobility ecosystem that will significantly improve mobility patterns and transportation systems in urban areas. The ecosystem consists of three main components: the autonomous electric vehicle, specialized infrastructure, and a complete service platform. Furthermore, Project 3 Mobility will build a production facility in Croatia for the large-scale production of autonomous electric vehicles.