Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance
Green Car Congress
MAY 8, 2022
will invest €10 billion, together with their partners in the Future: Fast Forward project, in the event of a positive resolution of their application to PERTE VEC. This is the biggest industrial investment ever made in Spain. Volkswagen Group will locate Spain’s first Gigafactory in Parc Sagunt II (Valencia).
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