The Generalitat claims to manage the aid of the Automotive Perte not assigned by the State

The Generalitat has demanded this morning that the central government transfer the money from the automotive Perte aid that it has not been able to allocate to any company.

Thomas Osborne
Thomas Osborne
26 October 2022 Wednesday 05:38
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The Generalitat claims to manage the aid of the Automotive Perte not assigned by the State

The Generalitat has demanded this morning that the central government transfer the money from the automotive Perte aid that it has not been able to allocate to any company. In a statement from Sant Cugat, the Minister of Business, Roger Torrent, described the distribution of the Perte of the electric vehicle as "worrying" and has urged the central government to "transfer the available resources to manage them more efficiently"

Torrent has insisted that only 30% of the available resources have been deployed and that there are key projects that are “underfunded”. In his opinion, it must be guaranteed that the aid "reaches those key and transformative projects for the automotive industry."

The Ministry of Industry led by Reyes Maroto has left 70% of the planned aid unassigned, which means that there are about 2,100 million to invest that remain in the hands of the State. It is not clear whether the low allocation is due to a poor design of the aid plan.

"Catalonia has to be able to manage the resources of the Next Generation of the automotive industry in a process of change that is essential not only for the present but also that will explain the weight that this economic sector will have in the future", said the Minister.

The Minister made these statements this morning during the presentation of the main lines of the new aid from the Technology Fund focused on promoting the digital transformation of businesses with the Next Generation EU funds.

The Government for weeks when it verified the low allocation already announced the launch of a second Perte to reach more companies and distribute more money. However, the sector is wary that in a second phase much more will be allocated than what has already been delivered unless conditions change a lot and aid is opened to cars that are not only electric.