Industry approves eight definitive Perte VEC II battery projects

by time news

2023-10-30 19:31:18

“All the files presented have already been resolved or rejected by the technical team of the Ministry of Industry, Commerce and Tourism with the aim of being able to pay this year.” This is how categorical the Minister of Industry, Héctor Gómez, was when announcing that eight more projects had been added to the final approval of the second Electric and Connected Vehicle Perte.

Thus, its portfolio has definitively awarded 338.2 million euros in subsidies and 100 million in favorable loans. Thus, the innovative projects for the production of batteries that are part of the latest call are those of Envision, Seat, Gestamp, Renault.

Ford, Basquevolt and Beecycle accepted the proposed aid and BASF’s claims were partially upheld, with the chemical company receiving 15.7 million on a planned investment of 105.3 million. However, in the ministry’s press release Stellantis is conspicuous by its absence.

The Franco-Italian-American consortium, the largest automobile manufacturer in Spain, had received on October 11 an award of 63.8 million euros in subsidies out of a bankable amount of 266.99 million.

These figures were, in the company’s opinion, insufficient and put in check the project to create a battery gigafactory in Zaragoza “whose economic viability the group is studying,” they stated in a statement, where they also expressed that they would challenge the decision.

The assembly of batteries, as they intend to launch in their plants in Madrid, Vigo and Zaragoza – this is what Ford and Seat also want to do – is a simpler operation than the creation of battery cells, which occurs in gigafactories.

In the following weeks, Industry will send the funds to the beneficiaries and will launch the processing of Block B of the Perte, which is intended to promote the projects of individual companies – instead of the more ambitious tractors in which several companies participate. These will be resolved by simple concurrence, that is, in order of arrival.

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