2024-01-02 11:33:31
The Ministry of Industry and Tourism will start the year 2024 with two pending tasks for the automotive sector. This is the second line of the second call of the Strategic Project for the Recovery and Economic Transformation of the Electric and Connected Vehicle (Perte VEC), related to the electric vehicle value chain, and the third call of the Perte VEC, which will have 1,200 million from the addendum to European funds approved by the Government at the beginning of June.
The Government intends to launch the third call for the Strategic Project for the Recovery and Economic Transformation of Electric and Connected Vehicles (Perte VEC) in the first quarter of 2024.
The objective is to continue attracting projects related to battery production and the electric vehicle value chain.
Specifically, line B of the Perte VEC II, which has budgeted 344 million euros in subsidies and 215 million in loans, seeks to promote investment plans for the industrial value chain of the electric and connected vehicle, its systems, subsystems and components, in addition to certain auxiliary infrastructure systems necessary for its deployment.
The presentation of projects for this line ended on September 15 and the Administration is working on the first provisional resolutions, which will be the first to arrive in 2024.
Thus, between the first line of the Perte VEC II, referring to batteries, and this second, the Executive assured that it had received 186 requests that would mobilize more than 8.5 billion euros, with which it hopes to exhaust “100% of the funds.” intended for this call.
The total budget for the first line was 850 million euros, of which 550 million are grants and the remaining 287 million are grants in the form of loans, so more than 1,300 million euros will be distributed between both sections.
Third call of the Perte
In mid-June, the former Minister of Industry, Commerce and Tourism, Héctor Gómez, announced a third call for Perte VEC to continue attracting battery production and electric vehicle value chain projects, which would have more than 1.2 billion euros through loans that will come from the addendum to European funds approved by the European Commission for the Spanish Recovery Plan.
In this sense, the new Minister of Industry and Tourism, Jordi Hereu, assured the president of the manufacturers’ association (Anfac), Wayne Griffiths, of the Government’s commitment to launch this call in the first quarter of 2024, after a meeting held in the first half of December at the Ministry headquarters.
Furthermore, another of the big issues for next year will be the Government’s relationship with the manufacturer Stellantis for the implementation of its gigafactory in Figueruelas (Zaragoza), after the company considered the aid granted in the first line of the Perte VEC II “insufficient”. , which granted him 59 million euros for this project.
Minister Hereu met with representatives of Stellantis on December 19 to convey his commitment to the company so that the known as ‘Antares Project’ can be viable, for which he made all financing instruments available to Stellantis, especially the third call of the Perte VEC.
“The will of the Government of Spain is to promote projects that allow us to advance in the industrial transition to the electric car and strengthen our automobile industry in Spain as a whole,” said the Minister of Industry.
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