- European Commission approves EUR 200 million support scheme to expand EV supply chain manufacturing in Spain.
- Funding targets batteries, energy storage technologies, hydrogen systems, and critical raw material recovery.
European Commission Approves Spanish EV Manufacturing Capacity Aid
The Spanish EV manufacturing capacity aid approved on March 5 by the European Commission unlocks EUR 200 million to strengthen Spain’s role in the electric mobility supply chain. The initiative aligns with the objectives of the Clean Industrial Deal and aims to expand strategic industrial investments supporting electric vehicle technologies across the country.
Expanding Battery, Energy Storage, and Hydrogen Technologies
The funding scheme will help increase manufacturing capacity for battery technologies, energy storage systems, and hydrogen-based solutions used in electric vehicles. By supporting industrial expansion, the program seeks to reinforce Europe’s technological capabilities in key electrification components.
Strengthening the EV Supply Chain
Support will also extend to the production of essential components required for these advanced technologies. In addition, the scheme promotes activities related to the production and recovery of critical raw materials, including secondary materials necessary for battery and energy storage manufacturing.
Boosting Strategic Industrial Investment
The Spanish EV manufacturing capacity aid is expected to accelerate industrial development linked to electrified transport while improving supply chain resilience. By supporting domestic manufacturing and material recovery, the program contributes to Europe’s broader strategy of building a competitive and sustainable electric mobility ecosystem.
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