EIB Backs CIE Automotive Decarbonisation Drive Under InvestEU

The plan translates high-level climate ambition into concrete, investable projects aimed at cutting emissions across one of the world’s most carbon-intensive industries.

CIE Automotive, the Spanish-headquartered global manufacturer of high value-added automotive components, has received advisory support from the European Investment Bank (EIB) to accelerate decarbonisation across its global operations and supply chain.

The support was delivered by EIB Advisory under the Advisory Programme to Support Climate Action and Sustainability for Corporates, funded through the InvestEU Advisory Hub — the EU’s flagship platform for mobilising sustainable investment.

Roadmap to Carbon Neutrality by 2050

With guidance from the EIB, CIE Automotive has strengthened its Decarbonisation Plan, which sets out:

• Clear emissions reduction targets

• A long-term strategy to achieve carbon neutrality by 2050

• A comprehensive baseline emissions assessment

• Business-as-Usual trajectory modelling

• Identification of operational and supply chain levers for rapid emissions reduction

The plan translates high-level climate ambition into concrete, investable projects aimed at cutting emissions across one of the world’s most carbon-intensive industries.

Investment Priorities: Efficiency, Electrification and Low-Carbon Materials

The decarbonisation strategy identifies a series of priority investment areas, including:

• Energy efficiency upgrades across facilities

• Adoption of low-carbon technologies

• Procurement of renewable electricity

• Electrification of industrial processes, including electric furnaces

• Sourcing of low-carbon materials across the supply chain

With more than 100 manufacturing facilities across Europe, Asia and the Americas, CIE’s diversified technological base and integrated supply chain provide scale to drive meaningful emissions reductions throughout the automotive value chain.

InvestEU Advisory Hub Supporting Industrial Transition

CIE Automotive is among the first companies in the automotive sector to receive EIB advisory backing under the InvestEU Advisory Hub.

By providing targeted technical assistance, the EIB is helping the company transform its decarbonisation roadmap into concrete projects capable of attracting financing and delivering measurable climate and competitiveness benefits.

“Developing more sustainable manufacturing technologies in the automotive sector is critical to further decarbonising European industry and advancing the climate transition,” the EIB said.

The InvestEU Advisory Hub acts as a single entry point for businesses and public-sector promoters seeking technical expertise, capacity building and support linked to EU-managed investment funds. EIB Advisory serves as an implementing partner of the Hub, helping companies design bankable projects and access financing.

Longstanding EIB Partnership

The advisory support builds on a longstanding relationship between CIE Automotive and the EIB that began in 2009.

Since then, the EU development bank has supported the company’s research and development activities, strengthening its technological capabilities and global competitiveness.

The new advisory mandate signals a shift from R&D support toward full-scale industrial decarbonisation — aligning with the EU’s broader climate goals and reinforcing the automotive sector’s role in Europe’s green transition.