Future: Fast Forward reaches 60% of execution and reinforces Spain’s role as a European hub for electromobility

The Future: Fast Forward project has reached a key milestone in its development, with 60% of the 86 projects launched in 2022 now completed, solidifying the progress of the industry’s electrification as a tangible reality in Spain.

This initiative, considered the largest business consortium in the history of the Spanish automotive industry, is driving an unprecedented transformation aimed at making Spain a leading European hub for electromobility. Led by SEAT S.A. and CUPRA, the project brings together more than 50 companies with extensive experience across the entire mobility value chain, forming a multisectoral ecosystem geared toward an electric, sustainable, and competitive future.

With an investment of nearly 10 billion euros, Future: Fast Forward is having a significant impact on the industrial fabric, with an export capacity exceeding 20 billion euros, the creation of 145,000 direct jobs and more than 100,000 indirect jobs, as well as significant advances in training, energy efficiency, and emissions reduction.

Within this framework, Técnicas Reunidas participates in the cross-cutting circular economy sector by developing technologies for the recovery of critical raw materials and high-value metals from batteries, supermagnets in electric motors, and electronic components in electric vehicles. This contribution enables progress toward more sustainable production models, facilitating the recovery of strategic materials and closing the loop within the automotive value chain.

The progress achieved to date reinforces Spain’s position not only as a production hub but also as an environment capable of designing, developing, and scaling globally competitive industrial solutions in the field of electric mobility.

Video: https://youtu.be/ZxM_amDxpFU?si=ZcQP9GwaYZ2qmyyt

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