Order ITC/736/2023, establishing the regulatory framework for the second PERTE VEC call, has been published
Order ITC/736/2023, establishing the regulatory framework for the second PERTE VEC call, with an allocation of €1.474 billion, was published on July 7, 2023.
Aid is envisaged for investment plans for two lines in the industrial chain of electric and connected vehicles: line A for batteries (EUR 837 million), with a call published on 7 July 2023, and line B for the EV value chain (EUR 638 million), pending publication in the coming days, establishing a non-competitive concurrence mechanism with evaluation criteria depending on the line.
The new call of the Strategic Project for Economic Recovery and Transformation in the Electric and Connected Vehicle Sector (“PERTE VEC,” in its Spanish acronym) will have two investment support lines: Line A (€837 million) for batteries, with the call published on July 7, 2023; and line B for the value chain of electric and connected vehicles (€638 million), to be published in the coming days. There will be a non-competitive participation mechanism with evaluation criteria specific to each line.