Automakers

Spain will invest $5B in electric vehicle production

Production of the Seat Leon in Martorell, Spain.
Production of the Seat Leon in Martorell, Spain.
R
By:
Reuters
July 12, 2021 12:22 PM

MADRID -- Spain will invest 4.3 billion euros ($5.11 billion) to support the production of electric vehicles and batteries as part of a major national spending program financed mostly by European Union recovery funds.

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