Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance
Green Car Congress
MAY 8, 2022
This investment of 10 billion euros will electrify Spain and Europe's second-largest automotive manufacturer, creating a battery Gigafactory in Sagunto, enabling the production of electric vehicles at the Martorell and Pamplona plants, and building-up a comprehensive supplier ecosystem. —Herbert Diess, CEO of the Volkswagen Group.
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