MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday the offer made by Spanish authorities of subsidies to build a battery factory and manufacture electric vehicles “is not sufficient”, but added he is optimistic in finding a solution.
SEAT Chairman Wayne Griffiths said the solution, which he did not specify, has to be found within ten days. The carmaker received 397.4 million euros ($388.26 million) of the 877.2 million total funds allocated in the PERTE programme’s first phase.
(Reporting by Corina Pons, writing by Joan Faus, editing by David Latona)
