Vilnius public transport operator VVT is scaling its electric fleet with a new €110 million loan. The European Investment Bank and the Council of Europe Development Bank are providing €55 million each to fund the purchase of 161 new electric and hydrogen buses.
The project includes the construction of 145 charging stations and the modernization of existing depots by the end of 2027. This initiative follows a 2025 order for 145 electric buses, which was supported by €55 million in EU funding as part of a broader plan to acquire 275 vehicles.
The city aims to achieve climate neutrality by 2030 by replacing older diesel and liquefied petroleum gas vehicles. The current financing package marks the first time four international partners, including the EBRD and NIB, have jointly funded an infrastructure project in the Baltic region.
