Government plans to mobilize 19,700 million private investment and job creation could reach 140,000 jobs
This Friday, June 3, is the deadline for applying for support from the Strategic Project for the Restoration and Economic Transformation of the Electric and Connected Vehicle (Perte VEC), which initially ended May 3, after opening on April 1, and was extended until twice.
Perte VEC’s support, in the context of the Recovery, Transformation and Resilience Plan in 2022, amounts to 2,975 million euros, of which 1,425 million will be provided in the form of loans and another 1,550 million through grants.
This support corresponds to the industrial part, which is complemented by the Moves III plan, to encourage the purchase of electric vehicles, or the Moves Singulares programme, up to EUR 4,300 million, among others.
The government plans to mobilize 19,700 million private investment and job creation could reach 140,000, while contributing to GDP would be between 1% and 1.7%. Other expected impacts include reaching 250,000 electric vehicles registered in Spain by 2023 and between 80,000 and 110,000 charging points.
The first disbursement of the aid awarded will be ordered as soon as the award resolution has been issued and will be made for the total amount of aid awarded corresponding to the annuity of the current year. The second payment corresponding to the aid granted for the annuity of 2023 will be made during 2023 and is subject to the presentation, before 15 September 2023, of the updated situation of the investments and expenditures made to date.
The main car groupsauxiliaries and parts companies, opt for part of this Perte’s subsidies, thereby strengthening their industrial involvement and somehow guaranteeing the electrification process of the automotive sector.
The Volkswagen Group and Seat were the first to register their initiative,
called ‘Future: Fast Forward’which consists of 62 national and international companies, of which 61% are SMEs.
The project consists of four main axes: the first, led by Seat and Volkswagen, aims at electrification
the factories of Martorell (Barcelona) and Pamplona the second is to create the battery ecosystem for electric cars, which includes everything from lithium mining in mines to battery assembly.
The third axis considers the location in Spain of “essential” components for electric vehicles and the fourth includes areas related to training, digitalization and the circular economy.
The partners of this project are: Altech, Asai Industrial, Azterlan, Balidea, BeePlanet Factory, Bosch, Brose, Carto, Celsa Group, Cetim, Cidetec, Cenim – CSIC, Cerler Global Electronics, CYP Core, Delta Vigo, Enso, Feníe Energía , Forminsa, GCR Group, Gestamp, Glavista, Gonvarri, Grupo Sesé, Grupo Simoldes, Iberdrola, Intrustial, IMS Technology, Ingedetec, University Research Institute (Circe) Zaragoza University of isEazy.
Also participating is Isend, Kapture.io, Kautenik, Kivnon, Lazpiur, Leartiker, Libelium, Lithium Iberia, Malena Engineering, Mindcaps, Mol-Matric, Motorland Aragón, NTDD, Nutai, Órbita Ingeniería, Pomceg Electronics, Power Innotech, Power HoldCo Spain , Seat CODE, Seat MÓ, Seat SA, Silence, Grupo SPR, Sumitomo Electric Bordnetze, Técnicas Reunidas, Tecoi, Valeo, Vega Chargers, Vicomtech, Volkswagen Navarra, WIP and Zylk.
The Stellantis group registered two initiatives that will mobilize 266 million euros.
The graduation project (Transformation to electromobility and industrial sustainability of Stellantis), Led by the plant in Zaragoza (Figueruelas), it will involve an investment of 223 million euros and will bring together 23 technological and industrial partners in six autonomous communities, of which 46% are Aragonese companies.
The Ram project (Recyclable, Intelligent, Electric and Sustainable Automotive), supported by the factories in Vigo and Madrid, is accompanied by investments worth 43 million euros. 25 entities are participating in this initiative, 17 of which are in Galicia. 72% of the companies participating in this project are SMEs, which account for 40% of the budget and opt for 55% of the requested support.
Renault Spain, together with 50 companies, has also presented a project for the Perte VEC,
with 31 initiativesfocused on three main axes: decarbonisation, connectivity and mobility as a service.
Most of these companies (70%) are small and medium-sized and their activities take place in nine autonomous communities (Castilla y León, Basque Country, Madrid, Andalusia, Galicia, Valencia, Castilla-La Mancha, Catalonia and Aragón).
The partners of this project are: 5G Communications For Future Industry Verticals, Advanced Services in Mobility, Altim Tecnologias de Informacion, Aranow Altero Recycling Machinery, Gestamp-Autotech Engineering Spain, Yupcharge, Genia Bioenergy-Bionergia Renewable Gas II, Cegasa Energía, Consorci de Zona Franca de Barcelona, Dimsport Spain, Elto Iberia, Estudios GIS, Eurocybar, Factual Consulting, Ferimet, Meep, Foundation for the Promotion, Research and Technological Development of the Galician Automotive Industry, Gantabi, Grupo Antolin, Iberdrola Clientes , Idiada Automotive Technology, Application Engineering, Zaragoza Center, Itelligent Information Technologies, Kaps Management Group.
Besides Kolokium Blockchain Technologies, Lortek S, Microelectronica Maser, Multiverse Computing, Nemi Mobility Solutions, Nommon Solutions and Technologies, Nuuk Mobility Solutions, Optare solutions, Parkunload, Piperlab, Walter Pack Group, Renault Spain, Reydesa Recycling, Semantic Systems, Sigma Technologies, Smart Mobility Solutions, Technica Electronics Barcelona, Tecnivial, Predictive Techniques and Instrumentation, Cellnex Telecom, Carlos III University of Madrid and Zlai.
Finally, the Irizar group registered the project
‘Technological training’ and industrial development of the bus value chain and associated infrastructure for the decarbonisation of the transport sector with zero-emission solutions’ (capital), with an alliance of 21 companies, of which 61% of the partners are SMEs, and an investment of €63 million .
This initiative, which has had the advisory and coordination services of Zabala Innovation during the development process, consists of Irizar, Irizar E-Mobility, Jema Energy, Masats, Datik Information Intelligent, International Hispacold, Iberdrola, Fundacion Cidetec, Edai Technical Unit, Ekide, Sisteplant, Jose Lazpiur Mechanical Constructions, Cayata, Epl Engineering, Polirrós, Falcon Electronics, Baleike, Mendiaraiz, Lis Data Solutions, Ingurumenaren Kideak Ingenieria and Owasys Advanced Wireless Devices.
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.