The Generalitat approves aid of 89 million to Seat to complement the Perte

The Executive Council of the Generalitat has approved this Tuesday the granting of 89 million euros in direct subsidies to Seat in four years.

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20 December 2022 Tuesday 08:40
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The Generalitat approves aid of 89 million to Seat to complement the Perte

The Executive Council of the Generalitat has approved this Tuesday the granting of 89 million euros in direct subsidies to Seat in four years. It is a complementary aid to the Perte (strategic recovery and economic transformation plan), which granted 357 million to the consortium headed by Seat-Volkswagen, although only 44 million of them are for the plants in Catalonia, mainly for the one in Martorell.

Of the total aid from the Generalitat, 60 million are the Government's own funds and the remaining 29 million come from a direct transfer from the Spanish Government.

Although Perte grants 357 million, only 12% of them are for Catalan plants and only 29 million are subsidies. The rest of the Perte will go to the Sagunt gigafactory, in Valencia, to the VW Navarra plant and to various projects of the 60 partners that accompany Seat in the project.

Together, the partners of the Future: Fast Forward project plan to invest 10,000 million euros in Spain to turn the country into a hub for electric mobility in Europe.

This ambitious plan includes the development of the Small BEV platform cars for the Volkswagen Group. “This project will democratize access to sustainable mobility in Europe with electric cars made in Spain”, according to Seat. In addition, it includes the electrification of the Martorell and Pamplona factories and the battery cell plant in Sagunt.

In the specific case of Seat, investments of 3,000 million are planned for its transformation towards electric vehicles and electrification.

“The subsidy approved today by the Generalitat de Catalunya will contribute to the adaptation process of the Seat production centers, the development and manufacturing activities of electric vehicles and the training of employees so that they have the necessary skills for the transformation towards electrification ”, highlighted Seat.

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