Spain will spend billions on fight for share of Europe s EV sector
Spain will spend billions on fight for share of Europe s EV sector
Government wants Renault, Ford and VW to build electric cars and batteries
Reuters
Print
Seat is weighing whether to start producing 500,000 EVs a year at its Martorell plant (pictured) outside Barcelona in 2025.
BARCELONA Spain is moving 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 percent of its economy, Spain has a lot to lose as automakers overhaul supply chains and manufacturing for EVs.
Cupra Formentor 2022 Review
18 / 20
Seat sub-brand’s first bespoke model is coming Down Under, but is the smart looking coupe-SUV any good?
Cupra Formentor 228 TSI DSG 4Drive
Road Test
Nottinghamshire, UK
Launching Cupra as its own performance sub-brand was a risky move by the Volkswagen Group’s Spanish offshoot, Seat.
And announcing crossover after crossover after crossover as its opening gambits was even more dicey.
But the 2022 Cupra Formentor, which will be the first Cupra model to come to Australia, has a trick up its chunkily styled sleeve – it’s bloody brilliant to drive.
What makes the 2022 Cupra Formentor different to the Spanish Seat sub-brand’s first model, the Ateca, is that the Cupra Formentor is not available with a SEAT badge on it, whereas the Ateca is.
VW considers turning Spanish factory into electric-car hub news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.