Spain’s authorities will launch the third tender for its e-mobility funding programme PERTE in early 2024, with a finances of 1.2 billion euros. Trade Minister Héctor Gómez introduced this on the second Automotive Assembly Madrid.
“There are various challenges for the sector that we’re dedicated to, main hand in hand with the sector within the selections that we hope can be as correct as potential on this transition course of,” the minister informed the viewers.
In the meantime, Gómez has provisionally accredited seven extra initiatives price round 87 million euros as half of the present second name for tenders. These are 4 Stellantis initiatives to finance the Madrid, Vigo and Zaragoza crops with a complete of 63.75 million euros. Lithium Iberia will obtain 13.3 million euros to finance a plant to supply lithium hydroxide in Cáceres. 9.5 million euros will go to Hyundai Mobis for a battery manufacturing plant in Noáin, and 867,000 euros have been earmarked for Fragnor for a lithium and cobalt recycling mission.
A couple of weeks in the past, Spain’s Ministry of Trade cleared the way in which for subsidies for 2 Envision and Seat battery crops beneath the Perte subsidy programme. Envision receives a grant of 200 million euros and a mortgage of one other 100 million euros for its deliberate battery cell manufacturing facility in Navalmoral de la Mata. Seat secured 47 million euros in subsidies to construct a battery meeting plant at its Martorell plant close to Barcelona.
In Could, the EU Fee accredited the Spanish Perte subsidy scheme beneath state support regulation and thus gave the inexperienced mild for the programme. In accordance with Brussels, the help scheme is in step with the Momentary Disaster and Transition Framework. The latter had been put in place through the pandemic and was prolonged as a result of penalties of the conflict in Ukraine.
The subsidy programme can be utilized by corporations that produce batteries, important battery elements or the uncooked supplies wanted for them. The second tender led to mid-September.
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