Plans for Gotion''s battery factory in Morocco take shape
The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has signed an investment agreement with the Moroccan government for a battery cell factory in the country. The initial production capacity will be 20 GWh, but this figure could increase significantly at a later date.
China''s Hailiang, Shinzoom to build auto battery plants in Morocco
Chinese auto battery manufacturers Hailiang and Shinzoom will set up two separate plants in Morocco, as the country seeks to adapt its growing automotive sector to increasing demand for
Gotion''s battery project in Morocco gets $280 million investment
Volkswagen-backed Chinese battery giant Gotion High-tech (SHE: 002074) has secured funding for its battery project in Morocco from a financial institution in the North African country.
Acwa Power, Gotion Morocco launch $800 million plant to power
Acwa signed the joint development agreement with Gotion High-Tech to build the $1.3 billion EV battery gigafactory in Kenitra, Morocco, construction of which is to begin in June 2026. The plant will start with a capacity of 20GWh, eventually reaching 120GWh, and will export 85% of its output.
China''s Gotion High-Tech to Open Electric Vehicle Battery Plant in Morocco
Earlier this year, Morocco and China''s Gotion High-Tech reached an agreement to establish an electric vehicle battery manufacturing complex valued at $6.4 billion, making it Africa''s first
China''s Gotion High-Tech to Open Electric Vehicle
Earlier this year, Morocco and China''s Gotion High-Tech reached an agreement to establish an electric vehicle battery manufacturing complex valued at $6.4 billion, making it Africa''s first
CDG, Gotion High-Tech Sign Agreement for $1.3 Billion Electric Battery
The state-owned investment fund CDG and Gotion High-Tech signed a Memorandum of Understanding (MoU) on November 13, 2024, in Hefei, China, to advance the development of an electric battery
Chinese Battery Material Leader BTR New Material Group Signs
Morocco''s electric vehicle industry reached a new milestone as the Moroccan government held a grand signing ceremony in Rabat at the end of March 2024, marking a significant investment agreement with Chinese battery material leader, BTR New Material Group.
Gotion High-Tech selects Morocco for first European gigafactory
Over six months after detailing plans for a new 20 gigawatt-hour (GWh) battery plant in Europe, China''s Gotion High-Tech has shared precisely where it will set up shop overseas – Morocco.
6 FAQs about [Morocco bit ly battery wall]
Will China build a battery cell factory in Morocco?
The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has signed an investment agreement with the Moroccan government for a battery cell factory in the country. The initial production capacity will be 20 GWh, but this figure could increase significantly at a later date.
Will Morocco erect a battery Gigafactory?
A press release from the country’s prime minister said that Gotion has signed an investment deal with the Moroccan government to erect the battery gigafactory. The gigafactory is expected to operate with an initial battery capacity of 20 GWh.
Will Morocco set up an electric vehicle battery plant?
Last year, the Moroccan government and China's Gotion agreed to look into setting up an electric vehicle battery plant in the kingdom with up to $6.3 billion in eventual investment. Industry minister Ryad Mezzour told Reuters last month the Gotion project was advancing with discussions on the footprint and location.
Will Morocco build a battery factory?
Gotion High-Tech and the Moroccan government had already signed a letter of intent for the battery factory a year ago. Even then, there was talk of up to 100 GWh, but the information available was still thin on the ground. For example, no dates were given for the factory construction schedule.
Where does Morocco rank in the lithium battery supply chain?
Morocco ranks 28th out of 30 countries that BloombergNEF tracks for activity in the lithium battery supply chain. If completed, the Gotion factory in Morocco would be among the world’s largest.
Why did Morocco sign a strategic investment agreement with gotion high-tech?
The announcement was made during a signing ceremony in Rabat on June 6th, presided over by Prime Minister Aziz Akhannouch. The strategic investment agreement, endorsed by high-ranking Moroccan officials and GOTION High-Tech executives, signifies the beginning of a comprehensive industrial ecosystem for electric battery production in Morocco.