Iberdrola, SEAT and the Volkswagen have signed a strategic alliance to promote electrification in Spain.
The main objectives of the agreement are to supply renewable energy in the electric vehicle value chain and develop and create a public charging infrastructure network.
Firstly, this strategic plan will see Volkswagen’s facilities in the Iberian Peninsula supplied with renewable energy. The alliance, which can be extended to other countries, also calls for the supply of energy with guarantees of renewable origin and other energy solutions to the Volkswagen Group itself, SEAT and its end customers.
Another key area of the agreement will be the contribution to the development of the country’s charging infrastructure. The three partners estimate that, by taking into account the expected evolution of the electric vehicle fleet in Spain, the roll-out of a network of around 350,000 urban and interurban public charging points will be needed by 2030. Iberdrola is developing a public charging infrastructure plan that will ensure a sufficient number of charging points, including fast and ultra-fast charging (HPC), to serve the country’s main corridors and cities.
“The agreement shows the potential of bringing industry leaders together to accelerate the decarbonization of the economy and its enormous positive impact on the environment and biodiversity, as well as on economic recovery, strengthening the value chain and creating millions of sustainable jobs across Europe. We have the technology, capabilities, knowledge and determination to jointly create a more sustainable model for everyone and shape an ecosystem that enables our country to continue to lead in this area at European level. This strategic alliance represents a giant step forward on this path.”
Iberdrola president Ignacio Galán.
“With the signing of this agreement, we are laying the foundations for the future of electric mobility in the Iberian Peninsula in a definitive step towards its electrification. Spain has great potential to become a hub for electric mobility in Europe, and to do so, we need to transform the second largest European automotive industry”.
Volkswagen Group CEO and chairman of the Board of SEAT S.A., Dr. Herbert Diess.
“We are at a historic moment in which we have the opportunity to pave the way for a sustainable industrial future in Spain. To do so, the first step is to create an ecosystem for electric vehicles, and public charging infrastructure is essential”.
SEAT president Wayne Griffiths.
This agreement is part of the work that the Volkswagen Group and SEAT have been carrying out in recent months to relaunch the Spanish automotive industry based on principles such as modernization, added value, competitiveness, digitalization, inclusiveness and training.
