SEAT, Iberdrola and the Ministry of Industry will set up the first battery factory for electric cars in Spain
Spain will have a large electric car factory. So has announced today Reyes Maroto, Minister of Industry, Commerce and Tourism. The announcement coincides with the visit of the heads of state to the SEAT factory in Martorell (Barcelona). It is precisely the Spanish car brand, owned by Volkswagen, who will lead the battery factory project together with Iberdrola.
Through a public-private consortium, SEAT, Iberdrola and other companies that may soon be added, the creation of the first battery factory for electric cars in Spain will be carried out, thus anticipating the proposal in Valencia together with Ford.
A large battery factory to accompany the SEAT / Cupra electric car project
“The Project will allow the development of a set of actions that guarantee that the necessary infrastructures, facilities and mechanisms exist in Spain to independently and competitively manufacture a complete connected electric vehicle,” explained the Minister of Industry, Commerce and Tourism during her speech. at the 28th Federal Congress UGT-FICA.
🔊The minister @MarotoReyes announces that the Government will create a public-private consortium to set up the 1st battery factory in Spain that will guarantee the manufacture of a complete connected electric vehicle.
👉🏻In the 28th Congress @UGT_FICA
– Ministry of Industry, Commerce and Tourism (@mincoturgob) March 4, 2021
At the moment the dates and the specific investment are unknown, but it has been ensured that it will be “the first battery factory in Spain” and will be located “close” to the SEAT factory in Martorell. This alliance is the first within the ‘Strategic Projects for Economic Recovery and Transformation’ (PERTE) initiative, which aims to accelerate the transition to the electric car.
The agreement coincides with the negotiations between the Government and Volkswagen for the manufacture of electric cars in Spain. A few days ago, Wayne Griffiths, president of SEAT and Cupra, advanced found in negotiations for the manufacture of small electric cars in Spain, predictably at the Martorell factory. This battery factory would be but one of the main supports for this project.
It is still too early to know the details of this battery factory. It is also not ruled out that it ends up taking advantage of the space left by Nissan. The Government of Spain and the Generalitat are looking for a project for that location and a battery factory for electric cars fits the bill perfectly. Between the two locations there is a distance of about 40 kilometers.
Companies like LG Chem, Schneider Electric or Inzile they have shown interest for acquiring Nissan’s land in the Barcelona Free Zone. Some companies that could work together with SEAT and Iberdrola to promote this relevant project. A factory of batteries for electric cars that the Generalitat includes within your Battery Hub project, with which it intends to capture up to 6,800 million euros of European funds.
At the moment, the announcement of the manufacture of an electric car in Spain is pending confirmation, as it must be approved by the Volkswagen board of directors. This future electric car manufactured in Spain would begin to be produced in 2025, according they pointed from the company during its € 5 billion investment over the next five years.
The PSA Group is the only manufacturer that assembles electric models in Spain (Opel Corsa-e and Peugeot e-2008). If the manufacture of the SEAT car is confirmed, the Spanish car industry would receive a new and expected boost. For now, the creation of a battery factory is official. Now it only remains to know who will join, when it will be ready and which electric car will receive most of the batteries produced.