The European Investment Bank will allocate EUR 15 million for electric buses for Kharkiv. That was reported by Kharkiv City Council.

On July 14, at a special session of the Kharkiv City Council, the participants supported the city’s Urban Public Transport of Ukraine II project implementation. 

The project includes attracting a loan from the European Investment Bank to finance the sub-project “Upgrading vehicles of the city of Kharkiv (purchase of electric buses)” of EUR 15 million.

According to Kharkiv Mayor Ihor Terekhov, this was agreed upon during the Ukraine Recovery Conference 2023 in London dedicated to Ukraine reconstruction. The authorities plan to purchase about 30 electric buses for EUR 15 million and install fast charging stations.

“Electric buses have many advantages, including reduced CO2 emissions and financial costs. These are important innovative technologies that positively affect the image of Kharkiv,” said Ihor Terekhov.

Read more: On July 13, the official delegation of the Czech Republic paid an official visit to Kharkiv. The Mayor invited Czech entrepreneurs to participate in restoring transport infrastructure.

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