moving TOWARDS THE TRANSFORMATION OF SEAT S.A. MOVES FORWARD. AS THE ELECTRIFICATION OF OUR FACILITIES CONTINUES, THE URBAN ELECTRIC CAR FAMILY CLUSTER IS WORKING ON DEVELOPING THE FIRST ELECTRIC VEHICLE MANUFACTURED IN MARTORELL READ MORE READ MORE SEAT S. A. leads the cluster of the Volkswagen Group’s urban electric car family, which is set to democratise access to electric vehicles. A work still in the development phase whose goal is to produce in Martorell the CUPRA Raval, CUPRA’s all-electric urban car from the end of 2025, and in the following months, also in Martorell, the Volkswagen ID.2all, an SUV based on the ID.2all, and the Škoda Epiq at Volkswagen’s plant in Navarra. The development and industrialisation of these cars is possible thanks to the work of more than 1,100 people. An effort that has already led to completing the design of the CUPRA Raval, its simulations and certification of its technical feasibility. SEAT S.A. and the Volkswagen Group have allocated more than 75% of the material costs of this project to suppliers in Spain, and a large part of the industrialisation and manufacturing of the vehicle’s parts has already commenced. The batteries represent one of the key aspects of these new urban electric vehicles. While two essential projects in the company’s transformation towards electrification are being realised (the PowerCo gigafactory in Sagunto and new battery system assembly plant in Martorell), the first prototypes of the CUPRA Raval are already being tested. A new assembly line exclusively for electric cars will be built in Martorell from the third quarter of 2024 in order to manufacture the pre-series of the new model. This will mean that production of the SEAT Ibiza and SEAT Arona will have to be moved to another assembly line this summer, from line 1 to line 3. All this with a view to the end of 2025, when SEAT S.A. will begin manufacturing the Volkswagen Group’s family of urban electric cars. —