The distribution of the first phase of the Perte funds for the electric vehicle allocates 397 million euros to the Seat-Volkswagen electrification project, which includes a battery plant in Sagunt and the adaptation of the Martorell and Navarra plants to manufacture electric vehicles, as La Vanguardia has advanced.
In total, the Executive has distributed 877 million euros in a dozen projects. The awarded amount represents only 30% of the total funds initially planned for the Perte. According to the Government, investments worth 2,250 million euros will be mobilized. The figures are far from what Seat-Volkswagen proposed in its day, which pointed to an investment of 10,000 million, 7,000 of which would be contributed by the group and the remaining 3,000 by the sixty partners that accompany the project.
Group sources had pointed out that the figures being considered could be insufficient to carry out their plans. "We will analyze the final resolution and we will study its effects on all the projects, with the purpose of finding the appropriate solutions to be able to execute the maximum possible volume of the planned investment projects," they point out from Seat after knowing the distribution.
The Nissan hub is allocated 107.8 million euros. It is the third most important amount, behind that of Seat and the 170 million of Mercedes Benz. Other projects chosen are those of Opel (52 million euros), Renault (40 million), Sapa Operations (32 million), Faurecia (28 million), Irizar (24), Peugeot-Citroën (15) and Fagor Electronica ( 8.7).
"The 10 projects financed in this first call for Perte show the great potential that Spain has to lead electromobility in Europe", according to the Minister of Industry, Reyes Maroto. Companies now have a period of 10 days to decide whether accept the contributions or withdraw from the project.
Apart from these proposals, the project of the Chinese Envision and the Spanish Acciona, which had proposed a battery plant in Extremadura and aspired to receive up to 500 million euros, has been left out of the aid.
Ford also distanced itself from Perte by having to define its global production plans, although now it is considering going to the second call, which the Government wants to open next year, for some 2,100 million euros that have been pending award.
Likewise, the Global Gabes and Rieju projects have been rejected, "since they do not meet the requirements demanded in the call," according to an Industry statement.
