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Envision's battery gigafactory is now a reality in Extremadura The government grants him 300 million with the final resolution of the Perte

11 Nov 2023

The Ministry of Industry, Trade and Tourism has granted Envision €200 million in aid and €100 million in loans for the PERTE project for the electric vehicle, the maximum it aspired to, for the Navalmoral de la Mata plant in Cáceres.

Envision maintains its plan for the creation of a battery manufacturing ecosystem for electric vehicles in Spain and to make the country "the center of its activities in Europe" with the construction of this gigafactory. The company plans to invest €2,500 million in this project, which will require around 800 technicians specialised in different areas of vocational training from August 2025.

At Invest in Extremadura we support and follow up on Envision and invite all companies that wish to invest in projects that involve the start or expansion of an economic activity, preferably of an industrial nature.

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