Major Developments in 2024

Relevant Regulation at the National Level
The Spanish Government has introduced new measures to remove administrative barriers and promote charging infrastructure in service stations and non-residential car parks. These include liberalising charging activity, simplifying permits, and restricting oil companies from exclusivity contracts with service stations.

Royal Decree-Law 5/2023 grants a 15% personal income tax deduction on new EV purchases ( the deduction may not exceed €20,000) and charging installations (the deduction may not exceed €4,000) until 31 December 2024. Order TMA/277/2023 (March 21): Simplifies authorisation for charging points on state highways, allowing “responsible declarations” instead of contracts to expedite installations. Directive (UE) 2024/1275: Aims for zero-emission buildings by 2050, raising the minimum requirements for charging infrastructure in residential and non-residential buildings. Member States must comply by May 29, 2026.

Incentive Programs to Promote EVs
In 2024, the Recovery, Transformation, and Resilience Plan (PRTR) created an opportunity for electric mobility in Spain. The PERTE program boosts industrial commitment, while the MOVES programs stimulate market demand.

MOVES III Program Incentive program for Electric Mobility MOVES III, part of the PRTR, provided €1.55 billion to support EV purchases and charging infrastructure. By the end of 2024, €1.34 billion was allocated, with requests for 168,756 EVs and 140,525 charging points.

MOVES SINGULAR PROJECTS II Incentive program for electro-mobility and innovative projects in the transport sectors. This program selects and funds electric mobility projects in Spain, including ICT applications, recharging infrastructure, new battery developments, and electric vehicle prototypes. By the end of 2024, 268 projects were executed with subsidies of €324 million.

MOVES FLEET Program Incentives program for light vehicle fleet electrification projects
This PRTR program supported 81 projects, resulting in 19,438 vehicles, 3,565 charging points, and €37.9 million in aid. With an initial €50 million funding, the program operates under a competitive bidding process, supporting projects with 25-500 vehicles and up to €2.5 million in aid. It also covers charging infrastructure, energy management, and fleet electrification training.

PERTE-VEC
The PERTE project for Electric and Connected Cars, aims to strengthen Spain’s automotive industry and position it as Europe’s Electromobility Hub. From 2021- 2023, the total investment was €24 billion, for 2024, €473 million was allocated for battery production, with a fourth call for planned.

Sector Insights

In 2024, Spain registered 144,439 electric vehicles (BEVs, PHEVs, REEVs), showing only 0.5% growth from 2023. Specifically, 128,169 electric passenger cars (including SUVs) were registered, achieving an 11.32% market share. 527,547 hybrid electric vehicles (HEVs) were registered, achieving a 46.6% market share. The total EV fleet grew to 571,370, a 27.5% increase from 2023 (Note that HEV should not be gathered inside the term“EV fleet”). Hybrid passenger car registrations reached 399,378 (35.3% market share), driven by environmental labelling and clean mobility initiatives. By the end of 2024, 9,424 new public charging points were added, compared to 11,173 in 2023. Of these, 29% have a power capacity exceeding 22 kW.

During 2024, according to Order TED/445/2023 of 28 April, which regulates the information to be sent by energy recharge service providers to the Ministry for the Ecological Transition and the Demographic Challenge, the Autonomous Communities, and the Cities of Ceuta and Melilla, an official register of charging points has been available. This register is managed by the National Government through the Secretary of State for Energy. By the end of 2024, this database included more than 29,860 physical charging points for public use. (https://nap.dgt.es). Sector estimates (Spanish Association of Car and Truck Manufacturers – ANFAC – based on “Electro maps” data) indicate that by the end of December 2024, around 40,000 public charging points were available, considering simultaneous charging at the same point, covering all power ranges. Considering that home and fleet charging can cover around 85% of needs, the remaining 15-20% should be met by public charging points, known as “opportunity charging.”

Demonstration Projects

Plan REINICIA AUTO+
Following the October 2024 floods in the Valencian Community, €465 million in aid has been approved for vehicle purchases. Citizens can receive up to €10,000 in non-repayable grants, including €10,000 for electric and plug-in hybrid cars and commercial vehicles, and €2,000 for motorcycles. The grants apply to new and semi-new vehicles registered in Spain from October 30, 2024, with applications open until June 30, 2025.

Initiatives in Battery Materials and Components (PERTE VEC)
PERTE VEC 2 The second call for aid under the PERTE VEC initiative aims to enhance EV battery production capacity. Funded by Next Generation EU, it allocated €528.7
million in subsidies and €100 million in credits to 26 projects across 21 companies. Key projects include:
• Envision AESC Spain: €200 million grant and €100 million credit for a gigafactory in Navalmoral de la Mata.
• Stellantis España: €66.3 million for four projects, including a gigafactory in Figueruelas and new lines in Vigo, Figueruelas, and Madrid.
• Lotte Energy Materials Spain: €49.2 million for an Elecfoil plant in Mont-Roig del Camp.
• Seat: €48 million for a new battery assembly line in Martorell.
• Ford España: €37.2 million for a new battery assembly plant in Almussafes

PERTE VEC 3 The third PERTE VEC call for proposals has approved nearly €50 million in aid for three projects:
• Lithium Iberia in Cañaveral (€20 million) for raw materials production and recovery.
• Iberpotash de Sallent in Barcelona (€18 million) for battery components.
• Industrias Químicas del Óxido de Etileno in La Canonja (€11 million) for battery components.