PFR signs an agreement to develop the electromobility industry in Poland

PFR signs an agreement to develop the electromobility industry in Poland


The agreement signed by the Polish Development Fund, the Ministry of Economic Development, the Ministry of Energy, the National Centre of Research and Development, the National Fund of Environmental Protection and Water Management, and 41 Polish cities and municipalities (representing close to 45 percent of Poland’s bus fleet) under the auspices of the Union of Polish Cities has founded a community which will develop the standards of the electromobility industry in Poland. The development of the sector is a priority of the Strategy for Responsible Development approved last week by the Council of Ministers.

The strategic government programme entitled Electromobility, supervised by the Ministry of Energy in partnership with the Ministry of Economic Development, covers two flagship programmes: e-bus (electric bus) and electric car. The Polish Development Fund plays a leading role as manager of the e-bus programme and a provider of a range of financial instruments supporting the Electromobility programme.

The Polish Agency for Enterprise Development (member of the PFR Group) announced in February the launch of the first programme dedicated to the electromobility sector addressed to SMEs entitled “Research to the Market” (subsidies for R&D applications) and is planning to establish an accelerator for the sector.

The development of electromobility opens new areas of investment and competences including the charging infrastructure and batteries. This creates room for new business models, such as implementation and operation of charging infrastructure for local governments as well as charging services. PFR will support projects which accelerate the implementation of the Electromobility programme, and it is interested in becoming a financial investor in related infrastructure projects which stimulate the market.

“PFR is active in innovative sectors. This is why we are ready to actively contribute to the development of electromobility in Poland. We want to provide financing instruments for city infrastructure of local governments ready to use low-emission fleets in urban transport, as well as financing for innovative companies in the electromobility industry,” said Paweł Borys, President of the Polish Development Fund.

The agreement signed at the Ministry of Economic Development between the central government and local governments aims to increase the fleet of electric buses in Poland and covers other areas of co-operation in the development of electromobility in Poland. The joint efforts will focus on planning and development of bus and car charging infrastructure, co-ordinated participation in research and development, and drafting of a code of good practice supporting the implementation of electric urban transport and electric cars by Polish local governments.

As at the end of 2016, electric buses represented only 0.3% of the urban transport fleet of Polish local governments. There are 31 e-buses operating in five Polish cities: Warsaw, Kraków, Inowrocław, Jaworzno, and Lublin.

The e-bus programme run in co-operation with Ministries and government agencies will create an ecosystem supporting the development of an electric bus market in Poland worth ca. PLN 2.5 billion per year and creating around 5 thousand new jobs. The objective is to produce an electric bus built mainly from Polish components that would be affordable, efficient, technologically advanced and competitive in the market. The ambition of the programme is to sell approximately one thousand electric buses per year, to establish a globally recognised brand, and to build a strong export position by 2025.

The Programme aims to put one thousand electric buses on Polish roads by 2021. The signatories of the agreement have declared interest in the procurement of 780 electric buses by 2020. This represents 16 percent of their aggregate bus fleet of 5 thousand vehicles. It is also equal to 7 percent of the total bus fleet in Poland (ca. 11.5 thousand). The cities have also declared interest in the development of electric taxis (Rzeszów), car sharing (Wrocław, Kraków, Świdnik – electric motorcycles) and electric cars.

The implementation of the e-bus programme will help to improve the quality of life in Polish cities thanks to air pollution and noise reductions and better passenger comfort. The programme provides important economic benefits. It will help to develop a new market in Poland with a long-term growth potential based on design and production of Polish electric buses and creation of strong partners across the value chain in the manufacturing industry.

Copy as a Plain Text


Related Stories
The Polish Development Fund starts new local government investments under the Package for Medium Sized Cities Program


On January 11, 2018, PFR Fundusz Inwestycji Samorządowych, whose mission is to provide Capital for the Development of Local Governments, signed investment agreements. The first agreement was concluded with the municipalities of Nowy Sącz, Nawojowa, Stary Sącz, Kamionka Wielka, and Korzenna, by means of which the Polish Development Fund will invest in the Sądeckie Wodociągi company. The second investment also covers the extension of the water and sewage infrastructure in Limanowa, where the fund will become a shareholder of the Department of Public Utilities and Housing. The total value of both investments amounts to PLN 50 million.
FAMUR S.A. and the Polish Development Fund have started to cooperate for modernization of the Polish mining industry


FAMUR S.A. and the Polish Development Fund have signed today an agreement of joint investing in Mining Equipment Finance Sp. z o.o. The main business area of the FAMUR Group company is financing strategic investments in terms of modernization of the mining and power energy sectors. These investments are implemented by domestic mining companies.  Indirectly, the project will contribute to accelerate the growth rate of  efficiency and safety of raw materials extraction in Poland.
PFR Ventures launches a call for the PFR OPEN INNOVATION FIZ Program


PFR Open Innovation FIZ is a fund of funds that will provide financing through VC funds to SME companies implementing technological projects in the formula of open innovations. The formula of open innovations is based on the development of technological innovation (including new products/processes) using knowledge, resources and technologies from external sources, i.e. from the science sector and/or in cooperation with organization's stakeholders.
WSE, the Polish Development Fund and BIK, with the participation of IAiR, signed a co-operation agreement for a joint rating agency


On November 28, 2017, the Warsaw Stock Exchange, the Polish Development Fund and BIK signed a cooperation agreement for a joint rating agency based on Instytut Analiz i Ratingu. The objective of the agreement is to bridge a gap in the rating offer, targeting mainly the SME sector. The development of the Agency is a part of the Plan for Responsible Development. The Agency will launch operations in the second half of 2018.

PFR to finance the construction of the Kraków bypass worth close to PLN 1 billion

The Polish Development Find will finance a key infrastructure investment project in Kraków. Trasa Łagiewnicka is a section of the city’s outer ring. It will help to reduce congestion in city centre and connect the southern districts of Kraków. According to the Strategy f