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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
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. ....

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