Industrial Policy & Trade Monitor· 2662 actions· ✨ 89 recent

On 3 December 2025 President Pedro Sánchez presented the Plan España Auto 2030, a five-year roadmap to mobilise EUR 30 bn (public + private) through 2030 to anchor electric-vehicle, battery and charging- infrastructure manufacturing in Spain. The plan is the first comprehensive Spanish auto-industrial policy of the post-COVID era and is structured as three immediate 2026 envelopes plus a multi-year PERTE-track: (i) Plan Auto+ — EUR 400 m in direct consumer-purchase subsidies effective 1 January 2026, replacing the autonomous-region- managed MOVES III with a centralised dealer-discount model run by MINCOTUR; (ii) MOVES Corredores — EUR 300 m for fast-charging-corridor deployment; and (iii) an additional EUR 580 m allocated to the PERTE VEC (Vehículo Eléctrico y Conectado) industrial-finance instrument in 2026, on top of the EUR ~3 bn already mobilised across previous PERTE VEC calls. The headline ambition is a sub-EUR 25,000 "affordable Spanish electric car" and 95% electrified light-vehicle production by 2035.

Spain's Ministry of Economy, Trade and Enterprise and the European Investment Fund (EIF) launched "Climate and Infrastructure" on 17 November 2025, a EUR 500 million (~USD 580.7 million) equity-financing instrument funded under the Regional Resilience Fund (part of Spain's Recovery, Transformation and Resilience Plan / NextGenerationEU). The instrument will be deployed through specialised investment funds making equity investments in SMEs, mid-caps and infrastructure projects active in energy transition (renewable generation, distribution and grid/storage), energy efficiency, sustainable transport, sustainable food service and digital infrastructure. Global Trade Alert separately logs the transaction as a "red"-flagged state-linked equity-stake intervention.

Spain's state development bank, Instituto de Crédito Oficial (ICO), committed up to EUR 47 million (USD 55 million) in equity across two green infrastructure funds: up to EUR 24.5 million to Kobus Energy Transition I, FCR (solar, battery storage and hydrogen, target size EUR 70 million) and up to EUR 22.5 million to Azora European Climate Solutions Fund, FCR (solar, geothermal, industrialised/sustainable construction, target size EUR 200 million). Both commitments carry a 50% EU InvestEU guarantee. The new tranches bring ICO's cumulative InvestEU-backed green-fund investment to EUR 250 million, with a stated potential to mobilise over EUR 500 million once private capital is included.

The European Investment Fund (EIF), part of the EIB Group, signed guarantee agreements on 12 June 2025 with 11 Spanish finance companies — Andbank (via Actyus Growth Finance), BBVA, CaixaBank, EBN Banco, ICF, Inveready, Kutxabank, MicroBank, Santander, Tresmares and Unicaja (via Seneca Direct Lending) — to mobilise EUR 2.5 billion in new financing for Spanish SMEs and mid-caps. The guarantees are funded through Spain's Regional Resilience Fund under the Recovery, Transformation and Resilience Plan (NextGenerationEU), combined with EIF own funds, and were announced at a Madrid event with Spain's Ministry of Economy, Trade and Enterprise. More than 6,000 companies are expected to benefit, targeting investment in research, development and innovation, energy efficiency, the social economy and digitalisation. Global Trade Alert separately logs the transaction as a "red"-flagged state-linked lending-support intervention.

Spain's comprehensive 2023 implementing regulation of Law 19/2003, of 4 July, on the legal regime of capital movements and economic transactions with the exterior. Adopted as Real Decreto 571/2023 of 4 July 2023, published in the Boletín Oficial del Estado on 5 July 2023 (BOE-A-2023-15549), and in force from 1 September 2023. The Decree repeals the predecessor Royal Decree 664/1999 of 23 April on foreign investments, updates the declaration regime to reflect twenty years of practice and capital-market innovation, and operationalises the Article 7-bis horizontal FDI-screening mechanism that the 2020 COVID-emergency reforms (RDL 8/2020 and RDL 11/2020) inserted into Law 19/2003. It introduces a binding consultation regime (consulta vinculante), reduces the screening review period to three months, refines the catalogue of sensitive sectors (defence, dual-use, critical technologies, critical infrastructure, critical inputs, media, electoral process, access to sensitive information, and activities affecting public security, health and order), and codifies notification thresholds for non-EU/EFTA investors (>10% control or material influence; minimum transaction values of EUR 5 million / EUR 1 million for certain sectors).