Renault has announced it will invest 600 million in two of its Spanish plants by 2030. This will allow the brand to produce new models and secure 6.000 jobs in the region.
The goal is to prepare the group’s plants in Valladolid and Palencia to produce five new vehicles, including two electric cars. The investment also includes a new battery assembly line in Valladolid.
The two EVs that are planned for production will be mid-sized models. They will be based on Renault’s RGEV Medium 2.0 EV platform, specifically designed for electric cars. The production of electric cars marks a first in Renault’s 75-year history of production in Spain.
Long-term engagement
With the announcement, Renault confirms its long-term engagement to Spain, while also securing 6.000 direct jobs. The investment follows the signing of the 2026-2028 collective labor agreement. Renault will fund the 600 million investment, but Spanish regional and national governments will also contribute.
The French group has a strong presence in Spain, with production sites in Valladolid, Palencia and Sevilla. Its involvement in automotive production began in the early 1950s. It began with Renault 4CV production at the FASA (Fabricación de Automóviles Sociedad Anónima) plant in Valladolid, which later became a Renault subsidiary.
Renault cites Spain’s competitiveness as one reason for the new investment plan. The country is Europe’s fourth-largest economy, but the second-largest for vehicle production. With 1.77 million cars produced in 2025, according to ACEA, only Germany is more active. Spain is followed by the Czech Republic and France, Renault’s home country.
Bold statement
A 600 million euro investment is a bold statement at a time when European automotive plants, in general, are operating at only 50% capacity. Recently, plants have closed, such as Audi Brussels. Others are planned for reconversion, like the VW plant in Osnabrück, which is destined to be a production facility for an Israeli weapons company.
Other automakers have made agreements with Chinese brands to produce their cars in Europe, to avoid EU import duties. That is the case for the Ford plant in Valencia, which will be adding 4 new models in the coming years, including some from Geely. The Stellantis plant in Madrid will produce models for Leapmotor, a brand which it partly owns.
