On October 6, the Ministry of Industry and Tourism, Spain, announced the PERTE VEC IV call for proposals in its value chain B section, endowed with EUR 400 million, of which EUR 250 million will be implemented in the form of repayable loans and EUR 150 million in the form of direct grants.
This call for proposals is

On September 26, the Ministry of Industry and Tourism, Spain, provisionally awarded EUR 27.3 million in grants to the following six projects in the battery section of the fourth round of the Electric and Connected Vehicle PERTE (Perte).
Resonac Graphite Spain SA (Galicia) – EUR 2.7 millionBasquevolt, SA (Basque Count

Benteler Group (Benteler) announced that Benteler Vitoria is advancing 2 projects under the Strategic Project for Economic Recovery and Transformation in the Electric and Connected Vehicle sector (PERTE VEC).
The first, PP17 project, focuses on designing and developing 2 new production lines for suspension systems ta

On September 8, Basquevolt announced that it has received funding through grants for comprehensive actions in the electric and connected vehicle industrial chain, within the framework of the PERTE VEC, funded by the EU and managed by the Ministry of Industry, Trade, and Tourism.
Basquevolt’s participation is structur

On September 8, the Ministry of Industry and Tourism, Spain, awarded Inobat a EUR 54 million grant and a EUR 456,000 loan to implement a battery gigafactory in Valladolid, through the third call for proposals for the Electric and Connected Vehicle PERTE (Perte), in its battery section.
Inobat's project to develop the

On July 30, Catalonia Trade & Investment announced that Chery will open an R&D center in Catalonia in 2025. This was announced after the meeting of the President of the Catalan Government and the chairman of Chery Group. This investment project by Chery in Catalonia has been facilitated and supported by Catalonia Tra

On July 16, the Ministry of Industry and Tourism, Spain, awarded EUR 90.2 million in grants and loans from the third round of the Electric and Connected Vehicle PERTE (Perte for Electric and Connected Vehicles) in its value chain section to 13 companies. The following are the receivers 
RENAULT ESPAÑA (Palencia) (Gra

On June 27, the Ministry of Industry and Tourism announced that it has supported Teknia's new electrification project at its production facilities in Ampuero (Cantabria) with an allocation of EUR 1.6 million in the PERTE VEC III program. 
This project also represents the largest business acquisition in Teknia's histo

On June 26, the Ministry of Industry and Tourism, Spain announced that Desay will receive EUR 5.5 million through the PERTE VEC III. The Desay plant is expected to reach an annual production of 1.5 million display devices by 2028 and generate around 300 direct jobs.
Based on press release from the Ministry of Industr

On June 13, the Ministry of Industry and Tourism, through the public entity SEPIDES, launched the fourth call for proposals for the Electric and Connected Vehicle PERTE (Perte for Electric and Connected Vehicles), as published in the Official State Gazette (BOE). This call for proposals is specifically designed to pr

On May 27, the Ministry of Industry and Tourism, Spain, provisionally awarded EUR 41 million in the value chain section of the third call for proposals for the Electric and Connected Vehicle PERTE to 21 companies.
The objective of this line is to promote investment plans for the industrial value chain of electric and

On May 9, the Ministry of Industry and Tourism announced that the battery section of the VEC IV program will be launched next month, endowed with EUR 280 million. EUR 100 million will be allocated in direct aid and EUR 180 million in loans on favorable terms.
The government is promoting the electric vehicle charging

On May 8, Stellantis' Extended Europe Region Director discussed the Vigo plant’s competitiveness, its local supplier network, and how the Galician government can support the sector through its 2025–2027 Automotive Master Plan during the meeting with the President of the Galician Regional Government at Stellantis' Tur

On April 30, Stellantis announced that the partners in the Facendo Plus project in Spain presented the progress at the Stellantis Vigo plant. So far, EUR 13.8 million has been invested i.e. 72% of the planned EUR 19 million budget for various R&D activities.
Facendo Plus aims to increase the competitiveness of Galici

On April 16, Catalonia Trade & Investment announced that Transmesa has invested EUR 15 million to expand its tube production facility for the automotive sector in Catalonia (Sant Ramon, Lleida). It will build a new production line for stainless steel tubes, enabling it to meet the evolving needs of hybrid and hydroge

On April 14, the President of the Generalitat (Catalan Government) announced the delivery of the Integrated Environmental Authorization (AAI) for the implementation and commissioning of the PowerCo's gigafactory in Sagunto. The authorization process involved 18 administrative bodies, which participated in meetings wi

On April 1, ACCIO-Catalonia Trade & Investment announced that Catalonia has carried out a high-level institutional mission across five Chinese cities (Wuhu, Liyang, Huizhou, Dongguan, and Shenzhen). The mission focused on promoting Catalonia as a key investment hub in Europe, particularly in the automotive, mobility,

On March 28, the Ministry of Industry and Tourism of Spain announced the latest PERTE VEC III awards, approving EUR 148.9 million in grants and EUR 67 million in loans for 31 projects from 22 companies in the EV industrial value chain.
Several companies received funding, including Stellantis Zaragoza (EUR 81.79 milli

On March 26, ACCIO Catalonia Trade & Investment announced that the Minister for Business and Labour met with about thirty Chinese companies interested in investing in Catalonia. The Catalan institutional delegation visited Liyang City, which is considered a key cluster in the field of batteries and emerging technolog

On March 13, the Minister of Industry and Tourism, Spain, held a working meeting with Chery and Ebro Motors officials to analyze the progress of the joint venture signed by both companies to produce vehicles in the Barcelona Free Trade Zone.
The discussion covered the development of the Zona Franca plant’s operations