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The automobile plan will mobilize 1,535 million from this year and another 2,210 million from 2021

The plan to boost the automotive sector, announced on Sunday by the president, Pedro Sánchez. The plan, which will be officially presented on Monday, will be approved during the next week, will mobilize about 1,535 million euros from this year and around 2,210 million from next year.

This is contemplated in the draft plan to which Europa Press has had access and which includes both short- and long-term measures that are articulated in five different blocks such as the renewal of the vehicle fleet for a more efficient one, investments and regulatory reforms to boost competitiveness, R + D + i, the new taxation and actions in the framework of training and professional qualifications.

The five axes of the plan, with a budget of almost 3,750 million, are articulated in 20 different measures that cover various areas of action such as economic, as well as fiscal, regulatory issues, logistics, training or competitiveness, among others.

The total amount of the plan includes an investment of about 300 million euros in the renovation of the public park, as well as for the deployment of the electric car charging infrastructure and for the adaptation of urban centers to new forms of mobility.

In addition, 250 million euros will be mobilized, which will be accompanied by a similar effort by the sector, for the renewal of the car fleet for a more efficient one, so that, under the criterion of technological neutrality, the acquisition of efficient or zero-emission vehicles will be subsidized in exchange for scrapping an old one.

The document to which Europa Press had access, subject to change, also contemplates an item of 415 million euros for R&D&I activities that increase the competitiveness and flexibility of the sector.

These 415 million euros are divided into 25 million euros for innovation in the field of hydrogen, another 30 million for industrial innovation projects in sustainable mobility (Moves Singulares), as well as 260 million for the improvement of connectivity and another 100 million for the public purchase of innovation for mobility infrastructures.

The bulk of the budget of the Government’s plan, with a total of 2,690 million euros, will go to investments aimed at boosting the competitiveness of the sector so that the industry adapts to the new demands of the markets and customers.

In this way, 390 million euros will be injected into the temporary flexibility of the loans of the Reindus Plan, promoted by the Ministry of Industry, Trade and Tourism, while 500 million will fall on the ICO Line to finance professional commercial and industrial vehicles.

From next year, another 1,800 million euros will be mobilized for the optimization of the Reindus loan program and the competitiveness of logistics and transport in the sector will be improved, although the amount of this measure is not yet known.

The last leg of the Executive’s offensive to support the automotive sector contemplates injecting 90 million euros in the field of training, with 25 million for a plan to update professional qualifications in the sector and another 15 million for a campaign to accredit professional skills.

5 million euros will also be allocated from next year to promote training in new technologies and 45 million euros until 2024 in a comprehensive training plan in different skills linked to the sector.

For their part, within the framework of the deployment of this plan, vehicle and component manufacturers have committed to advance in the decarbonization of the Spanish car fleet, with the aim that national plants manufacture between 700,000 and 800,000 electric and plug-in hybrid vehicles by 2030.

Thus, manufacturers will work for the award of new electrified models in Spanish plants, while the electric vehicle charging infrastructure will be promoted, with the intention of reaching 340,000 charging points in the national territory by 2030 and 830,000 points by 2040.

Electric vehicle car sharing services will also be promoted, while industrial efficiency (Industry 4.0) will be increased, innovation in the sector will be bet on and talent attraction programs will be launched.

In addition, the sector will support Spain becoming a hub for pilot tests of connected and automated driving and also commits to complement the support taken from the Administration depending on the type of vehicle.

The collaboration between the sector and the Administration seeks to attract investment that allows the development of the entire mobility ecosystem and that it accounts for revenues of 310,000 million euros for the year 2040.

To achieve this mobility ecosystem, investments amounting to 54,000 million euros will be necessary until 2040, to which both vehicle and component manufacturers will contribute, as well as the distribution sector, software development, ICT infrastructures and electricity.

Source: Five Days