Business Energy Europe Headlines International Morocco

Renault Group opts for Moroccan cobalt for its EV batteries

Renault Group will buy Moroccan cobalt from Managem starting from 2025 as it seeks to bolster battery production for its electric vehicles. A memorandum of understanding was signed between the two companies amid higher demand for low carbon cobalt from carmakers. Under this deal, Managem will supply 5000 tons of sulfate cobalt annually for a […]

Business Headlines Morocco

Morocco’s Car Industry Attracting More & More Investors

Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open soon in Morocco. […]