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Spain pours billions into landing European electric vehicle production

Spain upbeat on finding replacement for departing Nissan, eyes battery plant

Spain upbeat on finding replacement for departing Nissan, eyes battery plant Reuters 7 hrs ago By Joan Faus BARCELONA, May 7 (Reuters) - Spain is optimistic that an alternative project will be found to save thousands of jobs threatened by Nissan s decision to shut its three plants in the Barcelona area by the end of the year, a government official told Reuters. A factory to produce electric vehicle battery cells is among 17 proposed projects that have been submitted by 13 companies for the facilities, junior industry minister Raul Blanco said in an interview, without specifying who was behind the battery plan. Most proposed projects are linked to electric mobility, officials have previously said.

Spain pours billions into fight for slice of European e-vehicle sector

Spain pours billions into fight for slice of European e-vehicle sector Published: 10:08 PM, May 06, 2021 A Nissan Motor staff works on an engine in the assembly line at the Zona Franca Nissan factory near Barcelona. - Reuters File Photo SHARE BARCELONA: Spain is moving aggressively to land new battery and electric vehicle plants, using billions of European Union pandemic relief funds to avoid being left behind as the global auto sector undertakes the biggest technology transformation in a century. As Europe s second largest car-producing nation behind Germany, and with the automotive sector accounting for 10 per cent of its economy, Spain has a lot to lose as automakers overhaul supply chains and manufacturing for electric vehicles.

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