Can the new Auto 2030 Plan boost Spain’s EV market?
03 December 2025
Spain’s new-car market has prospered in 2025, aided by strong electric vehicle (EV) uptake. But could bold new incentives help or hinder this growth? Autovista24 web editor James Roberts examines the numbers and outlines what to expect from the new Auto 2030 Plan.
November marked the 15th consecutive month of growth for Spain’s new-car market. The country saw 94,124 new vehicles registered, according to Autovista24 calculations of ANFAC data. This equated to a 12.9% rise, compared with 12 months prior, amounting to 10,785 additional units.
Between January and November, 1,045,640 new vehicles joined Spain’s roads, based on Autovista24 calculations. This was up 14.7% year on year, with 134,064 more deliveries. This relentlessly positive trend remains distinct from other major European markets, which have witnessed mixed fortunes across 2025.
Strong momentum
‘The Spanish automotive market is ending 2025 with strong momentum,’ stated Ana Azofra, regional head of valuation and insights at Autovista Group. ‘Sales are nearing pre-pandemic levels and have surpassed one million units, with all segments growing, especially the private channel. EVs now represent one in four November sales, showing that Spain has finally accelerated its adoption of this technology.’
EV adoption, spanning battery-electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs), has buoyed Spain’s new-car market this year. November proved to be no exception. An important driver of this has been the MOVES incentive scheme.
The MOVES plan was introduced in 2019, funded by the EU’s NextGenerationEU recovery funds, and managed in collaboration with Spain’s regional governments. So far €1.7 billion has been allocated. Its main purpose is to provide financial incentives for both EV purchases and the installation of charging infrastructure. This is due to expire on 31 December 2025.
With the imminent cessation of the MOVES III, the Spanish government has announced a radical shake up of EV incentives. It comes in the shape of the Auto 2030 Plan, which was formally revealed on 3 December, as reported by Expansión. Coches.net confirmed it will be rolled out in early 2026.
What is the Auto 2030 Plan?
Described by secretary of state of industry, Jordi Brustenga, as a ‘shock plan for the sector,’ it will replace MOVES. It will be available from early 2026 and will allocate €400 million to aid direct purchases of electric cars.
One of the key changes is that regional administrations will no longer control and allocate funds. Instead, the process will be centralised. It will be underpinned by a long-term multi-point plan, aimed at increasing electrification in Spain.
One often cited drawback of the MOVES scheme centres around delays in payments, red tape and regional inequalities. According to Carwow, 40,000 customers remain on the waiting list for MOVES III funding, despite already having purchased an eligible vehicle. This raises concerns as to how the switch from MOVES to the Auto 2030 Plan could impact these purchases.
In the longer term, the Auto 2030 Plan looks to enable a more agile and unified process. Aligned with this, a single state fund will be created and accessible anywhere nationally. It is hoped this will solve the issue of premature exhaustion of funds under the previous regional framework. Under the MOVES III plan, demand has led to an exhaustion of funds in multiple regions, according to Coches.net.
‘With €1.28 billion in 2026 and 25 structural measures, the plan aims to boost Spain’s industrial capacity in EV and battery production,’ said Azofra. ‘It also streamlines incentives by reducing bureaucracy, centralising aid, and addressing regional disparities.’
Incentives at point of sale
The new scheme looks to enable applications for subsidies at the point of sale, according to El Independiente. This is something many manufacturers, dealers and consumers have urged. It will allow subsidy discounts to be applied at the dealership, saving consumers up-front fees. Under the MOVES incentive system, customers were required to pay for a vehicle and retrospectively reclaim any monies owed.
Unlike the periodically renewed MOVES scheme, the Auto 2030 Plan is seemingly aimed at offering a solid and consistent incentive foundation. Central to this is Spain’s aim to phase out the sale of internal-combustion engine (ICE) vehicles by 2035.
Coupled with this, the Auto 2030 plan seeks to boost the domestic automotive industry and connected innovation. In particular, the plan will look to expand the country’s EV charging infrastructure, allocating €300 million in this area.
Despite Spain’s relatively strong new-car market, there have been consistent calls from industry bodies to solidify EV incentive security. It seems that the Auto 2030 Plan has gone some way to alleviating these concerns.
‘In addition to breaking down bureaucratic barriers, the new plan also seeks to remove barriers related to charging infrastructure, an urgent requirement if demand is to grow sustainably,’ affirmed Azofra.
However, the new plan excludes leasing companies, which have been major drivers of electrification in the market. This sector is exploring alternatives to continue expanding its fleets in a sustainable and competitive manner, potentially through tax benefits or direct discounts.
‘Overall, the market shows vitality, supported and backed by state initiatives that now aim to ensure that this positive trend becomes consolidated, both on the demand side and within the industry, so that Spain does not miss out on opportunities in this field,’ concluded Azofra.
EVs charge Spain’s new-car market in November
November saw 9,318 BEVs reach customers in Spain, a 60.9% jump in registrations compared with the same month in 2024, Autovista24 calculates. This ensured a 9.9% market share, up 3 percentage points (pp) year on year.
PHEVs also enjoyed a strong penultimate month of the year. The powertrain recorded 12,001 sales, the third-highest monthly total in 2025, based on Autovista24 analysis. This ensured a 146.3% increase on figures from one year prior. As a result, PHEVs made up 12.8% of the overall monthly new-car market.
Combined BEV and PHEV numbers totalled 21,319 registrations in November. According to Autovista24’s calculations, this meant a 99.9% year-on-year volume increase. It also ensured a plug-in powered market share of 22.7%, a sizeable 9.9pp year-on-year leap.
Focusing on this year, while this is a comparative increase of 0.3pp compared with October’s share, it was down 1.7pp on August’s high watermark of 24.4%.
Spanning the first 11 months of 2025, EVs accounted for 19.3% of the Spanish new-car market according to Autovista24 calculations. This also marked a 100.1% year-on-year increase, with 201,747 units delivered.
The big question is, with new EV incentives freshly rolled out, can this momentum continue, and even build, in 2026?
Hybrid market share high
For the second consecutive month, hybrid registrations, including both full and mild-hybrid technologies, rebounded in Spain, exceeding 40,000 units. Shadowing a wider European trend, this powertrain has commanded a dominant market share in the country this year.
After recording an annual low of 39.1% market share in June, hybrid registrations reached 43.6% in November, a 1.5pp year-on-year lift. This was achieved with 41,038 units sold in the month.
From January to November, hybrids occupied 41.8% of the total Spanish new-car market, a healthy year-on-year upswing of 3.7pp. In total, after 11 months of the year, 437,547 hybrids have been registered, according to Autovista24 calculations. This was the highest volume of any powertrain.
As a result, hybrids are doing a lot of the heavy lifting when it comes to overall electrified figures in Spain. Adding hybrids to the EV total provides an electrified vehicle share of 61.1% in the first 11 months of 2025. This is a new high for 2025, and a notable 12pp year-on-year increase for the powertrain combination.
ICE holding on for winter?
As the end of the year approaches, the decline in ICE registrations continues. November saw further falls for both new petrol and diesel vehicles in Spain. For petrol, a 23.9% year-on-year volume drop marked the biggest monthly decline of 2025.
According to Autovista24, the 21,150 units registered ranked as petrol’s third lowest total this year. Despite this, petrol power still commanded a 22.5% market share, the second highest after hybrids. However, this was underpinned by a 10.8pp slide over the last 12 months.
Petrol’s decline has been evident across the year. After 11 months, volumes were down 14.6%, with 294,417 registrations. The accumulated market share of 28.2% was down by 9.6pp. Diesel also saw a double-digit decline in November. Autovista24 calculated that just 4,979 units took to Spanish roads, as the fuel type continues to hover around the 5% market share total.
Adding together petrol and diesel totals, overall ICE registrations held 27.8% of the monthly market in November. This equated to a 13.2pp fall. This fall in share was significant over the first 11 months of 2025, with unified ICE registrations still ahead of EVs.
Combined, petrol and diesel totals hit 352,199 in the period. Despite a year-on-year unit fall of 18.8%, the grouping held 33.7% of the market. The overall plug-in share lagged this by 14.4pp according to Autovista24 analysis.
The latest overhaul to Spain’s EV incentives will be key to eroding the resilient and significant presence ICE power has on the country’s new-car market. Can Auto 2030 measures provide a knockout blow, or at least stunt petrol sales, in 2026?
