Volkswagen plans to produce a total of three million fully electric small cars at its Spanish plants in Martorell and Pamplona between 2025 and 2030. The total number is likely to be even higher with the entry-level model announced for 2027 – even though it may not be built in Spain.
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The Volkswagen Group and Seat have given the green light to invest ten billion euros in e-mobility in Spain. The investments announced in May were previously dependent on the Spanish government’s funding under the PERTE eMobility funding programme, which was recently released.
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Spain’s Ministry of Industry has made public the distribution of state aid for the first call of the eMobility funding programme PERTE. In total, the government is distributing 877.2 million euros to ten funding recipients – almost 300 million euros more than previously planned.
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The Volkswagen Group and Seat are increasing their investment in e-mobility in Spain from the initially planned seven billion to ten billion euros. VW wants to invest the money not only in its own plants, but also in building up a supply chain.
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The partners of the Future: Fast Forward initiative led by the Volkswagen Group and the Seat brand have now applied for the “Strategic Project for Economic Recovery and Transformation” programme (abbreviation in Spanish: PERTE) – with the aim of making Spain a hub for electric vehicles in Europe.
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Volkswagen has decided to further electrify its European locations as part of its new planning round. 89 billion euros will be invested in future technologies such as electromobility and digitalisation alone over the next five years.
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