The Minister of Industry and Tourism, Jordi Hereu, announced, during the General Assembly of the Spanish Association of Automobile and Truck Manufacturers, the latest provisional awards of line B of the PERTE VEC II with 29 projects of 20 companies linked to the industrial value chain of the electric vehicle. These include Volkswagen Navarra, which receives 8.74 million for two projects, and Tecnoconfort, with 2.31 million. In total, 72 million euros are approved in loans.
The objective of this line is to promote investment plans for the industrial value chain of the electric and connected vehicle, its systems, subsystems and components, as well as certain auxiliary infrastructure systems necessary for its deployment.
In total, the second call of the PERTE VEC, both in the battery line and in the value chain line, has awarded 1,155 million euros for a total of 143 projects, including those approved in this last batch.
The minister has highlighted the electrification process that is being experienced both in the Spanish automotive factories and in the acquisition of vehicles. The market for electrified vehicles grew by 32.7% in January, making it 12.9% of the total market. In particular, 6 out of 10 vehicles sold in January have been zero-emission or low-emission.
He also reiterated the commitment of the Government of Spain to recover the extension of the Moves Plan, which will have retroactive effects from January 1 of this year.