[Auto] Seat, Iberdrola and Industria will open the first battery factory in Spain

[#Steeven.™]

The automobile sector is a basic and fundamental pillar for the economy of Spain. This statement can be verified if we take a look at the country's GDP, since it contributes almost 10% of its wealth. The problem is that to continue growing, large investments are needed to face its transformation. Especially in areas such as electric mobility and firms like Seat are committed to the future of the country and of Catalonia.

In July 2020 my colleague Diego Ávila told us that Seat will invest 5 billion euros between 2020 and 2025. This sum has two objectives. On the one hand, the development of R + D + i projects for new models in his Technical Center. On the other hand, equip Martorell with the necessary equipment to improve its efficiency. Now, they announce that together with Iberdrola and the Ministry of Industry they will build the first battery factory in the country.

Seat, Iberdrola and Industria are open to new partners

This news was given by Reyes Maroto, Minister of Industry, Commerce and Tourism during the 28th Federal Congress of UGT-FICA. In her speech, she announced that the Government is going to create a public-private consortium to set up the first battery factory in Spain. The members that, at first, will be part of this project are Seat-Volkswagen, Iberdrola and Industria, although it will be open to the arrival of new partners.

According to the official press release issued by the Ministry of Industry, Commerce and Tourism ...

“This consortium will be part of the first PERTE [Strategic Project for Recovery and Economic Transformation] that aims to transition towards the electric and connected vehicle. 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. A commitment of the Government so that Spain continues to be a leader in the automotive industry worldwide, betting on sustainable mobility "

This institutional declaration is very important for Spain. The reason is simple: France and Germany are betting on the manufacture of batteries to supply their local manufacturers. The question is whether the investments necessary to shape the project will remain in Catalonia or if they will reach other regions of the country. It would be interesting to bet on diversification, especially when the independentists are stalking us.

Another piece of information that has not been officially announced is the date on which the "works" will start to shape this new factory. We will have to be very attentive, because we should not take long to know this and other interesting details.