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Half of Spain’s EV PERTE subsidy program goes to Seat
In its ambition of becoming an international hub for EV production, the Spanish government is granting Seat half of its EV subsidies /Seat
The Spanish government has released details on its funding program PERTE, which must support the transition of its old automotive manufacturing ecosystem into a modern hub for electric vehicle production and battery manufacturing. Volkswagen’s branch, Seat, will receive half of the reserved subsidies, worth almost 900 million euros. This turns Seat into the top recipient
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