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Home»Tech World»Stellantis and the Government negotiate to manufacture small electric cars in Spain

Stellantis and the Government negotiate to manufacture small electric cars in Spain

By Ronan Byrne13/03/20233 Mins Read
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Stellantis, the company that owns brands such as Opel, Peugeot, Fiat or Citroën, could start in Spain a large part of the production of electric cars that they launch from 2025. As revealed Five daysthe automobile group, which already has plants in Madrid, Zaragoza and Vigo, is in talks with the Government to bring its STLA Small platform to our countryintended for the manufacture of smaller plug-in cars.

Stellantis’s decision to bet on Spain for the implementation of its STLA platform seems to be conditioned by the new PERTE (Strategic Projects for Economic Recovery and Transformation) of the engine that the Government could have ready during the next weeks, and whose final bases are still unknown. In fact, the manufacturer has affirmed to the aforementioned medium that although the decision has not been made, since “there are pending issues to be closed” -probably referring to the conditions of PERTE-, “dialogue is fluid” and “usual”. On the other hand, sources from the Ministry of Industry, Commerce and Tourism affirm that there is “total harmony” between both parties.

One of the conditions that we do know about this second PERTE of the engine is the extension of investment term until 2028. They are, specifically, three more years than those established in the first fund, where the term ended in 2025; something that prevented Stellantis from presenting the project to bring the STLA Small platform to Spain. Another novelty of the new PERTE is the possibility of financing individual projects.

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1 Stellantis plans to manufacture small electric cars in Spain with its STLA Small platform
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Stellantis plans to manufacture small electric cars in Spain with its STLA Small platform

The Minister of Industry, Commerce and Tourism, Reyes Maroto, visiting the Stellantis plant in Madrid.

If the agreement is confirmed —it could take months—, Stellantis, we reiterate, will bring the STLA Small platform to Spain, which is for the manufacture of electric cars small and that it will be ready by 2025. The company, therefore, would start manufacturing new models within two years.

In any case, it will not be the first time that Stellantis adheres to one of the Strategic Projects for Economic Recovery and Transformation promoted by the Government of Spain. He already did it with the first PERTE of the engine, where he received an investment of €52.2 million for the factory that the multinational has in Zaragoza, and 15.2 million euros for its plant in Vigo.

Stellantis also also plans to build battery plants in Spain in order to meet the objectives of the European Union in terms of electric mobility. “There will be battery plants in Europe and probably also in Spain,” Uwe Hochgeschurtz, director of operations for Stellantis in Europe, explained a few months ago.

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