First Independent Mena Newspaper
The $1.3 billion gigafactory to be built by EV battery maker Gotion High Tech will start production in 2026 and will export 85% of its output, Moroccan minister in charge of investment Mohcine Jazouli said. The Moroccan government and Sino-European Gotion High Tech signed an investment deal for the plant which will be located in […]
Gotion High-Tech, a Chinese electric vehicle battery giant, will inject over $ 6.5 billion in a gigafactory in Morocco. It will be the first in Africa, creating more than 25 000 jobs and strengthening the country’s leading position in the automotive industry. The announcement of this EV battery industrial eco-system was made Thursday in Marrakesh […]