Spain’s government aims to have one million electric cars on the roads by 2014 as part of a plan to cut energy consumption and energy imports.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
“Electric vehicles are the future and the driver of the industrial revolution,” Industry Minister Miguel Sebastian said in testimony to a congressional panel.
Reuters reports that Sebastian recently unveiled government plans to cut energy use by 10% over two years in a bid to save 5 billion euros annually.
“Every time we ease off the accelerator, we boost national income and employment,” Sebastian said. “We are facing the third world oil shock.”
