Jiangsu Yunyi Electric Company, a high-tech Chinese manufacturer specializing in automotive electronic components, has announced plans to invest $66 million in a production site in Tangier, Morocco’s automotive hub.
In a press release, the Company says the Tangier plant will be an important overseas production base, leveraging local resources enhancing Jiangsu’s global competitiveness and medium- and long-term strategic goals.
Jiangsu Yunyi Electric offers its clients innovative solutions for new energy vehicles, including voltage regulators, rectifiers, diodes, sensors, and intelligent wiper systems.
Morocco is becoming a global powerhouse in the automotive industry thanks to its political stability, geostrategic position, economic performance, and incentives to investors.
Morocco’s automotive ecosystem employs over 222,000 skilled workers. This strategic sector for the country’s economy has grown at an exponential rate over the last decade, enabling the Kingdom to become the leader in Africa in automotive manufacturing and exports.
In 2025, Morocco’s automotive market was valued at 4.99 billion and is on track to reach $8.83 billion by 2030, according the experts’ forecasts.
The sector is export-oriented with 1 million cars produced in 2025. The North African Kingdom, which increased its target to 1.5 million vehicles in 2026, produced 560,000 cars in 2024 and 250,000 in 2020.
