Chinese battery parts maker
The firms are in talks with Morocco’s state-owned phosphates and fertiliser company OCP to secure the phosphates they need for production.
Production is expected to start in 2025 and will be enough to equip more than 1mn electric vehicles (EVs) per year, according to the statement. Most of the production will be exported.
In August, Chinese electric vehicle battery manufacturer
This May, the Chinese electric mobility group
These moves reflect Moroccan efforts to attract EV battery manufacturers to adapt its growing automotive sector to low-carbon requirements. Cars and their components have topped Morocco’s exports so far this year outperforming phosphate and fertiliser sales.
The Moroccan government is accelerating the transition from fossil fuels to clean and decarbonised energy sources, through the use of solar and wind energies. It has focused on renewable energy recently and has been attracting large projects for energy production using wind turbines and solar photovoltaic (PV) panels.
The country’s renewable energy plan aims to more than double its renewable energy production to 12 GW – representing 52% of total power capacity – by 2030, from a current level of 5 GW, or 40% of capacity.
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