SEAT IBEconcept – Click above for high-res image gallery
Volkswagen's Spanish outpost at SEAT snuck out a battery-powered concept at Geneva last week called the IBE. It now appears that SEAT is intent on moving forward with production of the IBE. Just before the show, Volkswagen announced its intent to move forward with production of hybrid and plug-in vehicles over the next several years. The Spanish government has also been a major proponent of vehicle electrification (e.g., this and this).
Since SEAT shares its powertrain technology with the rest of the VW Group, it's not at all surprising that the Spanish division would want to take advantage of the capabilities in the rest of the company. In addition to a pure electric vehicle, SEAT is likely to launch hybrids of both the plug-in and non-plug varieties based on the next-generation Golf platform.