Seat, Iberdrola and the Volkswagen Group have signed an alliance to promote electrification in Spain.

The main objectives of the collaboration, which was signed within the framework of the Power Day organised by the Volkswagen Group, are to supply renewable energy in the electric vehicle value chain, as well as develop and create a public charging infrastructure network.

The plan calls for the supply of renewable energy for the Group's facilities in the Iberian Peninsula.

The alliance, which can be extended to other countries, also calls for the supply of energy with guarantees of renewable origin and other energy solutions to the Volkswagen Group itself, Seat and its end customers.

Another key area of the agreement to promote electromobility will be the contribution to the development of the country's charging infrastructure. The three partners estimate that, by taking into account the expected evolution of the electric vehicle fleet in Spain, the roll-out of a network of around 350,000 urban and interurban public charging points will be needed by 2030.

Iberdrola is developing a public charging infrastructure plan which will ensure a sufficient number of charging points, including fast and ultra-fast charging (HPC), to serve the country's main corridors and cities.

"With the signing of this agreement, we are laying the foundations for the future of electric mobility in the Iberian Peninsula in a definitive step towards its electrification," said VW CEO and Seat chairman, Herbert Diess.

"Spain has great potential to become a hub for electric mobility in Europe, and to do so, we need to transform the second largest European automotive industry."

For his part, Iberdrola president, Ignacio Galán, added: "The agreement shows the potential of bringing industry leaders together to accelerate the decarbonisation of the economy and its enormous positive impact on the environment and biodiversity, as well as on economic recovery, strengthening the value chain and creating millions of sustainable jobs across Europe." 

"We have the technology, capabilities, knowledge and determination to jointly create a more sustainable model for everyone and shape an ecosystem that enables our country to continue to lead in this area at European level."

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https://www.volkswagenag.com/en/news/2021/03/iberdrola-grupo-volkswagen-and-seat-s-a--strengthen-their-partne.html

Original source: https://www.volkswagenag.com/en/news/2021/03/iberdrola-grupo-volkswagen-and-seat-s-a--strengthen-their-partne.html