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Does Morocco have an electric battery industry?

The development of Morocco’s electric battery industry marks a profound shift in the country’s industrial and economic landscape. Driven by a clear strategic vision, a thriving automotive sector, and significant investments, the Kingdom seeks to establish itself as a crucial link in the global electric vehicle value chain. Follow us on our channel

Can Morocco capture Africa's electric battery market?

The presence of major Chinese players such as BTR New Material Group, Gotion High-Tech, and CNGR, combined with strong political commitment, places Morocco in a prime position to capture a substantial share of Africa’s electric battery market, estimated at $10 to $15 billion per year, according to the Manufacturing Africa program.

Why should you invest in the electric battery industry in Morocco?

The accelerated development of the electric battery industry in Morocco represents an opportunity for investors. With attractive tax incentives, and a clear strategy backed by royal determination, the country offers an environment that is conducive to the establishment of new industries. Receive all the latest opportunities directly in your inbox.

Does Morocco have a car industry?

Thanks to the government’s efforts, Morocco has become a major center of the automotive industry in Africa, taking first place on the continent with an annual production capacity around 700,000 cars,” said Akhannouch.