Lacking a few days before de Perte’s final resolution of the electric vehicle to come out, the multinational avoids confirming its plan in hopes of attracting more European funds
The Ministry of Industry, Trade and Tourism will publish “in the coming days” the final resolution with the submitted applications to receive support from the Strategic Project for the Recovery and Economic Transformation (Perte) of the Electric and Connected Vehicle (VEC) .
The wait is long and some of the projects presented could reconsider their continuity. One of these is the gigafactory that the Volkswagen group has planned in Sagunto.
The forecast is to invest 10,000 million in the entire electrification process. The project includes not only the construction of the Sagunto plant, but also the transformation of the Seat plants in Barcelona and the Volkswagen plant in Navarra to produce electric vehicles.
The manufacturer expected to get a minimum of 700 million, but the allocation would remain between 300 and 380 in the program’s final resolution, according to La Tribuna de la Automoción.
Volkswagen merely points out that once the final resolution of the Perte is published, “the Volkswagen Group and the 60 partners will analyze this resolution and make a decision on the various projects.” “The development of this investment, the largest in the history of Spanish industry, has always been linked to European funds,” they point out.
During an appearance at the Congress of Deputies to elaborate the proposal of the General State Budget (PGE), the Secretary-General for Industry and Small and Medium-sized Enterprises, Raül Blanco, emphasized the difficulty of a program such as Perte for the electric vehicle “the largest donation ever made to an industry”.
Source: La Verdad
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
