Spain to invest 4.3 billion euros in electric vehicle production

Spain will invest 4.3 billion euros ($5.11 billion) in the production of electric vehicles as part of a major national spending program financed mostly by European Union recovery funds, a government presentation showed on Monday.FILE PHOTO: Workers assemble vehicles on the assembly line of the SEAT car factory in MartorellWorkers assemble vehicles on the assembly line of the SEAT car factory in Martorell

The government-run plan will include the whole production chain from extracting lithium to assembling battery cells and manufacturing electric vehicles, Prime Minister Pedro Sanchez said at an event to present the project.

This is a developing Story…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s