The Valencian Government sees concrete support for Volkswagen as a key move to stabilize investment in Sagunto and to prop up a major regional economic initiative. The accelerated decision process on aid to the region is part of a broader plan to solidify the electric vehicle ecosystem in the Valencia Community, with PERTE automotive measures playing a pivotal role in sustaining the German company’s investment and advancing the region’s battery program. This comes at a critical juncture for Spain as it positions itself in the evolving EV landscape and the wider European push toward electric mobility.
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During a press conference following a plenary session in Orihuela, a Consell spokesperson emphasized that there is a direct line of communication with the national government. The message from Valencia underscored ongoing negotiations, technical meetings, and policy coordination to keep the Sagunto project moving forward. The aim is to secure a positive outcome that aligns with both regional priorities and national industrial strategy.
Regional leaders urged the competent ministries to push the project through with maximum speed, while maintaining a steady and transparent approach to problem-solving. The Consell noted that the investment decision should be treated as a continuous effort, reflecting a broader commitment to sustaining economic momentum in the region and ensuring a predictable environment for industrial partners.
Spain’s government, which holds the authority to authorize PERTE initiatives, reaffirmed its support for Volkswagen’s battery factory in Sagunto. The third vice-president and Minister of Ecological Transition and Demographic Challenge, Teresa Ribera, stated that the government’s commitment to the Sagunto project remains total. This reiteration aligns with the country’s goals for energy transition and regional development, including the creation of skilled jobs and the strengthening of local supply chains.
Pepe Álvarez voices confidence in the Sagunto plant’s future
In a media appearance, Ribera conveyed that the project receives the government’s highest regard and respect, and she expressed the hope that this initiative will advance promptly within Spain. Any potential hurdles that surface are expected to be resolved through a collaborative and structured process. The battery gigafactory, seen as a cornerstone investment, is projected to reach significant scale, reinforcing Spain’s role in the European battery ecosystem and supporting the broader transition to electric mobility.
When considering the scope of investment associated with the venture, the Perte framework supports substantial funding across the project’s phases. The anticipated investment in the Sagunto plant is estimated to be in the vicinity of several billion euros, reflecting the scale and strategic importance of the facility to both regional and national economic objectives. The government’s stance remains focused on ensuring that administrative processes keep pace with the project’s technical and financial milestones, avoiding delays that could undermine investor confidence.