Investee companies
This project is a consortium of companies specializing in each of the technologies required: combustion engines, electronic controls, electric generators and engines, and car parts.
The companies that make up this consortium are Repsol S.A., Microelectrónica Maser S.L., Lancor 2000, S.Coop., Infranor Spain S.L.U., Grupo Componentes Vilanova, S.L., and CIE Mecauto S.A. Between them they possess the necessary expertise to take on a project of such ambitious scope. In addition, they will be supported by research institutions that will contribute to boosting the technological advances made in each development area.
What are the goals of this project?
The main goal is to make the Spanish car industry more competitive and better position it strategically by developing technology on a national level aimed at improving energy efficiency and sustainability in transportation. The project will develop a range of technologies to enable the transition from current transportation methods based on fossil fuels to the electric-powered transport of the future.
Repsol is a company that believes in innovation as a driver of change to create a new energy model. We work for economic growth in society, putting great amounts of energy and enthusiasm into coming up with intelligent and sustainable energy solutions that are suited to each situation.
The SPAIN2017 project is the result of the need to find a real solution to current energy and mobility problems. Everything suggests that electric vehicles will be the predominant means of transport in the long term. However, it is unlikely that we will see great advances in the technology for batteries and recharging systems in the medium term that would allow these vehicles to be introduced en masse, to compete with conventional propulsion systems in terms of cost and performance. This project aims to cover transportation needs for a transitional period of 15 to 20 years, until ‘full-electric’ vehicle technology reaches full maturity and becomes economically viable.
This initiative was financed by the Center for Industrial Technological Development and also received funding from the European Regional Development Fund (ERDF) through the Strategic Program for National Business Research Consortiums (CIEN in Spanish), beginning in August 2014 and ending in December 2017.
