Image: EndesaSpain is currently restructuring its electromobility funding in line with the national ‘España Auto 2030’ plan. Going forward, the funding will rest on three pillars: a consumer purchase incentive for electric vehicles (EVs) (the ‘Plan Auto+’ programme), a subsidy for EV and battery manufacturers (funding programme PERTE), and the ‘Moves Corredores’ programme for developing a charging network.Regarding the latter, Sara Aagesen – Spain’s Vice-President of the Government and Minister for Ecological Transition and Demographic Challenge – announced on Wednesday a provisional allocation of €670 million for various projects under the national Recovery, Transformation and Resilience Plan (‘Plan de Recuperación, Transformación y Resiliencia’, or PRTR). Of this, €105 million will be directed towards strengthening electromobility in the country. For reference, the PRTR is an EU-funded investment programme – the German equivalent is known as the German Recovery and Resilience Plan (DARP).Specifically, the government’s provisional allocation sets aside around €97 million for ‘Moves Corredores’ to subsidise 337 projects, which are expected to deliver 2,880 charging points along the country’s key transport corridors. Additionally, nearly €8 million is allocated to the ‘Moves Flotas Plus’ programme to support 20 companies in procuring around 3,700 electric vehicles and installing almost 300 charging points.Remaining funds from this allocation round will, among other things, be used for new energy systems at six ports (offshore and hydropower) and seven new pumped-storage hydroelectric plants in the country. All PRTR funding is managed by the Institute for Diversification and Energy Saving (IDAE), an authority under the Ministry for Ecological Transition and Demographic Challenge.As previously discussed, Spain aims to overhaul its electromobility funding and reorganise responsibilities. Central to this is the Plan Auto+ programme, which will channel €400 million in subsidies directly to consumers by 2026 to help reduce car prices. Plan Auto+ will replace the existing Moves programme. From 2026, subsidies will be managed by the central government, rather than by the autonomous regions as was the case with the Moves III funding programme, which expires at the end of 2025. Originally, Plan Auto+ was intended to replace the Moves programme at the turn of the year, but the government has yet to publish the final participation conditions and list of eligible vehicles. According to media reports, this delay is due to an ongoing evaluation of a system for calculating CO₂ footprint as a funding criterion, following the French model.Questions remain regarding the other funding pillars. For instance, the government had announced the Moves Corredores programme in December with a budget of €300 million. However, the allocation now made public amounts to just €97 million. It remains unclear whether the budget will be topped up from another source. A further €580 million is expected to flow into the existing electromobility funding programme PERTE in 2026 to support projects in EV and battery production—these are industrial subsidies. No updates have been provided on this funding pillar.In a public statement, Vice-President Sara Aagesen said: “This government’s commitment to the energy transition has always been unwavering. Once again, we face a challenge that reaffirms our commitment and that of Europe. A commitment that positions Spain as an engine for growth, employment, and prosperity. Spain has not only seized this great opportunity in time but also finds itself in a privileged position, which we will continue to leverage.”miteco.gob.es (in Spanish)
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