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Spain to invest $5.1 bln in electric vehicle production
by Joan Faus and Nathan Allen

Reuters    Translate This Article
13 July 2021

On 13 July 2021 Reuters reported: Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday [12 July]. ... After Germany, Spain is Europe's second-largest auto producer and the world's eighth biggest. Global Good News service views this news as a sign of rising positivity in the field of science, documenting the growth of life-supporting, evolutionary trends.

... It aims for the number of new electric vehicles registered to reach 250,000 in 2023, a big jump from the 18,000 registered in 2020, thanks to government-sponsored initiatives to buy cleaner cars and expand charging stations.

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