Seat has applied to the Spanish Strategic Project for Economic Recovery and Transformation in the Electric and Connected Vehicle Sector (PERTE VEC) for a subsidy for its planned battery assembly plant in Martorell.

Funding is available for batteries or electric and connected vehicles.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The project is expected to generate 400 direct jobs and around 100 indirect.

The VW group affiliate is spending EUR 300m to build the factory which will also assemble cells supplied by PowerCo from an existing facility in Sagunto, Valencia.

The plant will cover 64,000 square metres.

Construction is expected to commence ‘soon’ for completion in 2025.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now