Spain Unveils Plan España Auto 2030 to Secure Leadership in European Automotive Industry
Spain launches Plan España Auto 2030 focusing on electric mobility and industrial innovation to bolster its automotive sector and retain European leadership.
- • Plan España Auto 2030 includes 25 measures to transition Spain’s automotive sector to electric mobility.
- • Projected vehicle production to rise to 2.7 million units by 2035, with 95% electric or plug-in hybrids.
- • The sector’s gross added value could reach €120 billion by 2035 with stable employment at 1.9 million.
- • Investment of €36-39 billion expected over five years to support innovation and infrastructure.
- • Government officials emphasized ecological transition and industrial autonomy during the plan’s unveiling.
Key details
Spain’s Prime Minister Pedro Sánchez officially presented the Plan España Auto 2030, a substantial strategy aimed at cementing Spain’s role as a leading player in the European automotive market through sustainable innovation and the transition to electric mobility. The event was attended by key ministers including Sara Aagesen, Minister for Ecological Transition, and Jordi Hereu, Minister of Industry and Tourism, emphasizing the government’s dedication to ecological and industrial progress.
The ambitious initiative involves 25 priority measures and six key actions designed to shift Spain’s automotive sector away from traditional combustion vehicles towards electric and plug-in hybrid models. Currently the second-largest vehicle manufacturer in Europe, Spain aims to increase annual production to 2.7 million units by 2035, with 95% of these being electric or plug-in hybrid vehicles compared to only 10% today.
According to Josep Maria Recasens, president of Anfac, this transition is critical to maintaining Spain’s competitive edge, especially in the face of rising challenges from countries like China. With effective implementation of the plan, the sector’s gross added value is projected to grow from €85 billion to €120 billion by 2035, while employment is expected to remain stable at around 1.9 million jobs.
The plan also forecasts a massive investment surge, anticipating between €36 billion and €39 billion in industry funding over the next five years—significantly higher than the €29 billion invested in the past five years. Key focuses include enhancing industrial autonomy, boosting electric vehicle demand, and expanding charging infrastructure, all pivotal to Spain’s ecological transition and industrial innovation goals.
This strategic move underscores Spain’s determination to lead Europe’s automotive transformation, balancing economic growth with sustainability.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.
