Morocco/China electric battery collaboration

1 April 2024
2024-04-01 10:49

Morocco and China ventureed into electric vehicle battery production with the signing of BTR New Material Group's strategic investment agreement.

Led by Morocco’s Head of Government, this project aims to establish Morocco as a key player in the global electric mobility revolution while creating 2,500 jobs. The agreement is also to build a production unit for cathodes, an essential component of electric vehicle batteries, worth 3 billion dirhams.

This large-scale project, the first in the Moroccan electric battery ecosystem for which an agreement has been signed, involves the construction of a plant with a capacity of 50,000 tons per year within the Cité Mohammed VI Tanger Tech. Developed in 2 phases over an area of 15 hectares, the first phase, with a capacity of 25,000 tons, is scheduled to come on stream in September 2026.

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