Madrid, March 6 (Prensa Latina) The Minister of Industry, Commerce and Tourism, Reyes Maroto, today highlighted Spain’s commitment to the production of connected electric vehicles.
This project has a public contribution of four thousand 295 million euros and calls for almost two thousand 69 million euros have already been issued, representing practically 50 percent of the funds made available.
Maroto led the founding of the Alliance of the Strategic Project for the Recovery and Economic Transformation of the Electric and Connected Vehicle (PERTE VEC) this Monday with the aim of strengthening public-private cooperation between administrations and companies in the sector.
“The alliance was formed to support the goals of PERTE VEC, to maximize opportunities for public-private collaboration, to identify synergies and to monitor the tools,” Maroto assessed.
The minister stressed that the automotive sector is undergoing a revolution towards the electrification of the value chain and Spain is ready to lead the mobility of the future, which will be sustainable, connected and safe.
With the new step of consolidation of the program, Maroto believed that it will facilitate the arrival of new investments and allow the creation of the necessary ecosystem in Spain for the development and full manufacturing of electric and grid-connected vehicles.
He added that “this PERTE has become a fundamental tool to promote reindustrialization, making Spain a global benchmark for the new mobility model and a focus for attracting new investments with two gigafactories of batteries in the Valencian Community and Extremadura close”.
The factories will start operating in 2026, which experts say Spain offers an environment of maximum trust.
Other elements of the PERTE VEC were also examined during the meeting, such as the Moves III plan to promote the purchase of electric vehicles and the deployment of charging infrastructures. So far, 674 million euros in funding has been allocated to the Autonomous Communities.
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