- Marisol Garmendia: “This is aid for investments and investment plans in the value chain of the electric and connected vehicle that represents an important boost to the Basque automotive industry by the Government of Spain”
The Minister of Industry and Tourism, Jordi Hereu, announced today the latest provisional awards of the PERTE VEC III with 31 new projects of 22 companies in line B linked to the industrial value chain of the electric vehicle. In total, 148.9 million euros are approved in grant and more than 67 million euros in loans.
In the case of the Basque Country, these are the applications of Gestamp Bizkaia (9,26 M€), Gestamp Servicios (5,57 M€) and Spool Sistemas (895,170 euros) in Gipuzkoa for a total value of 15,725,170 M€. 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.
For the delegate of the Government in the Basque Country, Marisol Garmendia, it is necessary to highlight the impulse that this aid represents for the Basque automotive sector. “This is aid for investments in the value chain of the electric and connected vehicle that is an important aid to the Basque automotive industry by the Government of Spain.”
Marisol Garmendia highlighted “the great positive impact that this aid has to boost and dynamize the industry and the creation of quality jobs in the Basque economy. The Recovery, Transformation and Resilience Plan designed by the Government of Spain is contributing to the good progress of our economy and, in particular, the PERTE of the Connected Electric Vehicle, to the transformation of the industry towards a model committed to decarbonization and sustainable with the planet.”
The participation of Basque companies in the three phases of the PERTE VEC exceeds 400 M€ including these latest awards.