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200 million euros from the European Union to develop a self-driving taxi industry in Croatia

The European Union has agreed to give Croatian company Rimac Automobili 200 million euros to develop self-driving taxis as part of the European Union's aid package for a taxi development project.


The signing of the agreement was witnessed by European Commission President Ursula von der Leyen, Croatian Prime Minister Andrej Plenkovic and Rimac Automobili founder Matt Rimac, according to a press release of the Croatian electric car producer.


Today, the "Baltic News Network" news platform reported that the European Commission approved Croatia's Recovery and Resilience Plan (RRP) at the beginning of this month worth 6.3 billion euros in grants from the European Union, as the project to develop vehicles and new mobility infrastructure was recognized As one of the national strategic projects in the transport sector for the coming period.


The initial investment of the project is estimated at 450 million euros, which will come from foreign investors such as "Kia Motors" and is expected to reach the commercial stage at the end of 2024. The company said that it is in negotiations with other investors to develop the project for several years.


Kia Motors Corporation, a company part of the Hyundai Motor Group, is a major investor and shareholder in Project 3 Mobility, Rimac Automobili's sister company responsible for the project.


The company's press release added that cooperation agreements have been signed with several cities and negotiations are underway with about 20 cities in Europe and the Middle East to enable the automated driving service.