Seats and the Volkswagen Group, along with all partners of the Future plan: Fast Forward, have announced that those signed up this Wednesday will be eligible to receive support through the PERTE for Electric and Connected Vehicles. A coalition of 62 national companies, drawn from 11 autonomous communities and comprising a majority of small and medium-sized enterprises, will collaborate under government guidelines. The aim is clear: position Spain as a central hub for electric vehicles in Europe, addressing the entire value chain as a fundamental prerequisite for qualifying funds.
The initiative, developed with PwC, rests on four core pillars. The momentum is driven by Seat and Volkswagen toward electrifying factories in Martorell and Landaben in Navarra to produce future electric cars. It also aims to build a comprehensive battery ecosystem in Spain, spanning the entire manufacturing process from raw material extraction, such as lithium, to final assembly. A battery plant is slated for Sagunto, Valencia, to support this vision.
The third pillar focuses on locating key electric vehicle components within the country, while the fourth addresses aspects related to education, digitalization, and the circular economy. According to Seat, the project encompasses nine building blocks of the Electric and Connected Vehicle PERTE.
Structure of cooperation
At the end of April, Seat announced the initial gathering of Future: Fast Forward participants. Marc Riera, Seat’s director of procurement strategy and new projects, was named chair of the group council, which will convene at least twice annually. A delegates commission, also led by Riera, will meet periodically to ensure PERTE compliance. A project management office will be created to monitor development, timelines, and budgeted investments.
Three boards of directors emerged from the general assembly. The Audit and Compliance Committee will be chaired by Blanca Moreno, an economist who serves on the ICO General Council and sits on the Banco Sabadell Foundation’s board. The Risk and Compliance Committee will be led by an attorney and external consultant. The board of directors for Ferrer International Group & Unirproeduca will be represented by Ignacio González and Ferran Rodríguez, president of the Spanish Institute of Chartered Accountants. All three committees operate independently and report to the general assembly.
All participants
The 62 companies taking part in Future: Fast Forward include Altech, Asai Industrial, Azterlan, Balidea, BeePlanet Factory, Bosch, Brose, Carto, Celsa Group, Cetim, Cidetec, CENIM – CSIC, Cerler Global Electronics, CYP Core, Delta Vigo, Enso, Feníe Energía, Forminsa, GCR Group, Gestamp, Glavista, Gonvarri, Grupo Sesé, Grupo Simoldes, Iberdrola, Intrustial, IMS Technology, Ingedetec, the CIRCE Research Institute of Zaragoza University, isEazy, Isend, Kapture.io, Kautenik, Kivnon, Lazpiur, Leartiker, Libelium, Lithium Iberia, Malena Engineering, Mindcaps, Mol-Matric, Motorland Aragón, NTDD, Nutai, Órbita Ingeniería, Pomceg Electronics, Power Innotech, Power HoldCo Spain, Seat:Code, Seat Mó, Seat, Silence, Grupo SPR, Sumitomo Electric Bordnetze, Técnicas Reunidas, Tecoi, Valeo, Vega Chargers, Vicomtech, Volkswagen Navarra, WIP and Zylk.
In addition, CaixaBank, Eurecat, Ficosa, Itainnova, and Telefónica contribute as collaborators to the Future: Fast Forward initiative.