- Previously presented as the CUPRA UrbanRebel, the CUPRA Raval will be produced in Martorell from 2025
- SEAT S.A. announced the best first quarter in its history, with an operating profit of 144 million Euros, driven by the impulse of CUPRA
- The CUPRA Raval is an invitation to a new generation that is looking for something different: an urban, rebellious and 100% electric car
- CUPRA presented the CUPRA Tavascan and the CUPRA DarkRebel digital show car to the public for the first time at Automobile Barcelona
Once again, CUPRA and SEAT are back at Automobile Barcelona, showcasing their latest innovations and the company's strong commitment to the development of electric vehicles and to Barcelona.
During the first day of the motor show, Wayne Griffiths, CEO of SEAT and CUPRA, confirmed the name of the brand's future urban electric car, the CUPRA Raval. A name that serves as a tribute to the Raval neighbourhood in the heart of Barcelona, and about which ROSALÍA's alphabet campaign already gave clues.
“The Raval is one of the most surprising parts of Barcelona. And today, we are proud that the brand’s future urban electric car will have its name and represent its spirit. Just as we did with the CUPRA Born, we now want to express the essence of the Raval and continue to inspire the world from Barcelona”, explained Wayne Griffiths.
The car for the new generation
“The CUPRA Raval is not just another car. It is an invitation to a new generation, which expects something better. An urban, rebellious and 100% electric car, with its own character and linked to 'Gen Z’. Something that’s more emotional,” said Wayne Griffiths.
The brand has created the most radical interpretation of CUPRA in an urban electric car inspired by the world of racing.
The CUPRA Raval will be produced at SEAT S.A.’s headquarters in Martorell. The company will invest 3 billion euros into the plant’s transformation from combustion to electrification and produce electric cars from 2025 based on the Volkswagen Group's MEB Small platform. SEAT S.A. is leading the Small BEV cluster for different brands of the Volkswagen Group.
More than a name
CUPRA's link with Barcelona, and specifically with the Raval, goes beyond naming some of its models after the city’s neighbourhoods.
“CUPRA wants to be a driving force for change in the neighbourhood. For this reason, we are already talking with institutions and organizations in the Raval to promote actions that will help young people”, Griffiths added.
The best first quarter in history
SEAT S.A. announced the name of its future CUPRA model coinciding with the best first quarter results in its history. Between January and March, the company. registered a record operating profit of 144 million euros, an improvement of 139 million euros compared to the first quarter of the previous year, and a turnover of 3.6 billion euros, which represents a 48% increase compared to the first three months of 2022. These historic figures are thanks to CUPRA, which is driving the growth of the company's financial results, as well as to the current great momentum of the SEAT brand.
Since its launch in 2018, CUPRA has sold more than 300,000 cars, exceeding all expectations. In 2022, the brand reached 4.4 billion Euros in turnover, 40% of the company's total, becoming one of the largest growing brands in Europe and Spain. This year’s figures are also positive, with 46,600 units sold during the first quarter of 2023, 83% more than in the same period in 2022.
SEAT S.A. is also developing the future of the SEAT brand. It is currently working on renewing its Ibiza, Arona and SEAT Leon models to continue offering plug-in hybrid and efficient combustion cars until the end of this decade. In addition, the company is preparing the electrification of SEAT, which will instead focus on the new forms of mobility that young people need, such as sharing, subscriptions and micro-mobility. The brand already has much experience in this field with SEAT MÓ, one of the most important sharing services in Barcelona, which in the last two years has sold 10,000 electric motorcycles in 15 markets.