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Spain Presents Auto 2030 in Catalunya With Summer Launch for EV Purchase Aid

The plan sets a timetable to speed factory retooling through subsidies, conditioned foreign investment and regional innovation support to boost Spain’s car-making capacity.

Overview

  • The Auto 2030 plan was presented in Catalunya and fixes a near-term timetable for buyer incentives, with purchase aid of up to €4,500 set to be available before summer and made retroactive to January.
  • Officials framed the plan as a push to increase production capacity so Spain can challenge for the top spot in European car manufacturing within three years while adapting factories for electrified vehicles.
  • Seat/Cupra confirmed that the Cupra Raval, its first electric to be built at Martorell, is due to enter production in the coming weeks, underlining the plan’s focus on converting existing plants to EV output.
  • The Generalitat announced a €5 million regional innovation fund to support the sector and leaders urged consumers to prefer electric cars made in Spain as the government seeks to attract foreign capital under strategic conditions.
  • Industry groups warned electrification will require multi-million euro investments, called for Spanish and EU co-financing, and said workforce adjustments such as ERE/ERTE in Catalunya are already part of the painful transition ahead.