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On April 25, the Ministry of Industry and Tourism, Spain announced the third call for PERTE for Electric and Connected Vehicles. Endowed with EUR 500 million, it will be launched next May and, in the second part of the year, the fourth with EUR 1,250 million.
Overall, the Ministry of Industry and Tourism has made alm
On April 9, the Generalitat de Catalunya (Government of Catalonia) announced that the Minister of Business and Work is traveling to China on April 10, 2024, to meet with several multinationals in the automotive sector. One of the meetings will be with Chery executives at the company's headquarters in the Wuhu region.
On March 25, the Ministry of Industry and Tourism, Spain announced that new projects were approved by Industry within line B of PERTE VEC II. Stellantis Figueruelas has obtained EUR 54.4 million of financing for 8 projects for the development of innovation processes for the manufacture of electric vehicles in the are
On March 15, the Ministry of Industry and Tourism, Spain announced that the third call of the PERTE VEC (PERTE for the development of the Electric and Connected Vehicle) will be endowed with EUR 500 million, EUR 200 million more than initially planned, to promote the manufacture of electric vehicles in Spain.
The fir
The Ministry of Industry and Tourism of Spain has invited Michelin to present projects in the next calls for PERTE VEC (the Strategic Project for Economic Recovery for the Electric and Connected Vehicle) and PERTE de descarbonización (for decarbonization), to modernize its production.
This recalled the government's c
On March 6, the Government of Navarra announced an investment of EUR 214 million in a project by Mobis Spain Electrified Powertrain and developed by VGP (PARK) España 17, to establish a plant in Noáin for assembling high-voltage (HV) battery cells for Volkswagen.
The initiative is expected to generate approximately 3
On February 28, the President of the Government of Spain met with the CEO of the Envision Group and the Executive Chairman of AESC.
The executives from the Envision Group and AESC detailed the current status of the project's development during the meeting and reinforced the multinational's commitment to Spain.
AESC i
On February 29, the Ministry of Industry and Tourism, Spain announced that in the coming weeks, a verification commission will be set up to approve the provisional resolutions of the PERTE Microelectronics Chip which involve aid worth EUR 125 million.
In addition, this year there will be a second call for aid from th
On February 22, the Ministry of Industry and Tourism granted EUR 170 million to 10 tractor projects underline B of PERTE VEC II. These projects are linked to the industrial value chain of the electric vehicle. The projects will involve an industrial mobilization of around EUR 500 million. In the coming days, more fun
On February 15, the Ministry of Industry and Tourism, Spain announced that in the coming days, the first provisional awards of line B of PERTE for electric and connected vehicles corresponding to individual projects in the automotive value chain will be announced.
The third call of the PERTE VEC is scheduled for a fe
On January 26, the Ministry of Industry and Tourism, Spain met with the president and general director of Renault Spain. They reviewed the set of projects that the Group is developing in Spain, especially its investments in electrified models and the circular economy Refactory project.
The Renault Group has obtained
On January 22, Invest in Spain announced that Stellantis Spain has been the group with the most projects approved in the second call for aid for battery production projects for electric vehicles (PERTE VEC II). The aid that Stellantis Spain will receive will reach EUR 66.3 million, on investments that in total are cl
On January 12, the Ministry of Industry and Tourism, Spain granted EUR 27.7 million to 11 innovative projects from 9 companies related to models, systems, and components of hybrid vehicles, battery electric vehicles, and hydrogen fuel cells.
Of the total projects, 8 correspond to experimental developments and 3 to in
On January 10, the Minister of Industry and Tourism met with the representative of the Spanish Association of Automotive Suppliers ( SERNAUTO ). The minister has conveyed that the Government is willing to launch a new PERTE VEC call, in this first quarter of 2024, to continue attracting battery production and electri
On December 21, ACCIÓ-Catalonia Trade & Investment announced that the government of Catalonia presented the Strategy for the Promotion of the Semiconductor Industry in Catalonia, aiming to consolidate Catalonia as one of the reference hubs of the semiconductor industry in Europe.
This initiative is promoted by the Se
On December 19, the Minister of Industry and Tourism announced its support for Stellantis' industrial initiatives in Spain, particularly the 'Antares Project' for a battery gigafactory in Zaragoza plant, backed by EUR 55.9 million from PERTE VEC II.
The Ministry is providing backing for this project, offering financi
On December 15, the Government of Aragon announced that it would support for Stellantis' Zaragoza factory, ensuring job retention and new job creation for Aragon residents. Following a Government Council meeting, EUR 10 million was approved as financial aid for Stellantis, specifically targeting the installation of t
On December 14, the Minister of Industry and Tourism, Spain met with the president of the Spanish Association of Automobile and Truck Manufacturers (ANFAC), and the general director of the automobile association.
The minister conveyed the Government's willingness to launch the third call for PERTE VEC, during the fi
On November 10, The Ministry of Industry, Commerce and Tourism published a new batch of definitive aid for projects for the production of electric vehicle batteries and their components corresponding to PERTE VEC II. In this way, 15 new projects worth EUR 190.4 million are authorized.
With these new definitive award
On October 30, the Ministry of Industry, Commerce and Tourism approved eight more projects in the call for aid for the production of PERTE batteries for electric and connected vehicles II, within the framework of the Recovery, Transformation, and Resilience Plan in 2023. In total, EUR 338.2 million in subsidies and 1