Tag: EV battery factory
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South Korea’s LG considers EV battery factory in Morocco

North Africa PostComments Off on South Korea’s LG considers EV battery factory in Morocco

South Korea’s LG Energy Solution (LGES) considers setting up a factory to make key electric battery component cathodes together with Chinese firms in Morocco, where numerous EV battery factories are under development. Wonjoon Suh, head of LGES’ advanced automotive battery division, told Reuters the company is negotiating partnerships with Chinese LFP cathodes makers, who produce […]
Business Emerging Markets Headlines Morocco

Morocco mulls EV battery factory- minister

North Africa PostComments Off on Morocco mulls EV battery factory- minister

The next step in the expansion of Morocco’s automotive sector is the setting up of an electric vehicle battery plant to build on existing raw material and meet a rising demand in the domestic and international market, industry minister Ryad Mezzour said. The ministry is negotiating with several manufacturers the setting up of such a […]