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Spain To Invest 700 Mn Euros To Drive EV Growth

Summary by Barron's
Spain's leftist Prime Minister Pedro Sanchez announced Wednesday 700 million euros of government investment to boost electric vehicle sales and strengthen the country's key auto sector.

40 Articles

Lean Left

In the coming months, the government will allocate almost 1.3 billion to speed up the sale of plug-in cars, recharge networks and the industry linked to sustainable mobility.Sanchez announces 400 million in aid for the purchase of electric cars and asks to manufacture cheap models in Spain.The automotive sector has just presented its road map for the next five years.A strategy in which all the actors of the industry agree, both manufacturers, tr…

·Spain
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Center

Spanish Prime Minister Pedro Sánchez announced on Wednesday 3 December 400 million euros of direct subsidies for the purchase of electric vehicles in 2026. In addition to these subsidies, 300 million euros...

Left

To encourage the purchase of electric car, the president of the Spanish government, Pedro Sánchez, announced the new Auto+ Plan, a program of 400 million euros that will offer direct incentives for the acquisition of electric vehicles in 2026, managed entirely by the central government instead of the regional authorities. The measure is part of the strategy *Spain Auto 2030*, developed jointly with the car manufacturers through Anfac, and includ…

Lean Right

The president of the government, Pedro Sánchez, presided on Wednesday the presentation of the Auto 2030 Plan, a battery of measures that aim to serve as a road map to boost the automotive industry in Spain. In this context Sánchez announced three new lines of aid related to the electric vehicle for 2026, equipped in total with 1,280 million: a plan for the acquisition of cars, another one for the installation of charging points and more funds fo…

·Spain
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  • 40% of the sources lean Left, 40% of the sources are Center
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lamoncloa.gob.es broke the news in on Wednesday, December 3, 2025.
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