Our customer support team is here to answer your questions. Ask us anything!
Chat with us on WhatsApp
Written By: Flipbz.org
Morocco is charging ahead in the global green energy race, clinching a massive $5.6 billion investment from China to construct the continent's inaugural battery gigafactory, a move that could redefine Africa's role in the electric vehicle supply chain.
Spearheaded by Chinese powerhouse Gotion High-Tech, the project kicks off with an initial $1.3 billion outlay for phase one, targeting the Atlantic free zone in Kenitra. This state-of-the-art facility will churn out lithium-ion batteries at a starting capacity of 20 gigawatt-hours (GWh) per year, with ambitions to ramp up to a staggering 100 GWh down the line. Beyond batteries, it will produce essential electrode components like cathodes and anodes, fortifying a self-reliant ecosystem and slashing reliance on imports. Production is slated to fire up as early as the third quarter of 2026, with about 85% of output earmarked for export to the European Union, capitalizing on Morocco's prime geographic perch as a bridge between Africa and Europe.
The deal draws in additional Chinese heavyweights—BTR, CNGR, Hailiang, and Shinzoom—further solidifying Morocco's appeal as a magnet for battery manufacturing. On the economic front, the initiative promises to create roughly 17,000 direct and indirect jobs in its opening phase, injecting vitality into a nation long anchored by agriculture and textiles. By nurturing high-tech expertise and stemming the brain drain, it aligns with broader efforts to diversify the economy and lure talent back home, while bolstering the auto sector's edge through cost-effective, efficient supply lines.
Strategically, this venture catapults Morocco into the spotlight as a linchpin for clean energy innovation across Africa, mirroring the continent's growing stake in the worldwide shift to renewables. It underscores the fruits of cross-border teamwork, channeling tech know-how and capital to spur job growth and industrial evolution. As Europe races toward zero-emission vehicles by 2035, Morocco's gigafactory stands ready to fuel that momentum, potentially sparking a wave of similar projects and cementing Africa's foothold in sustainable tech.
Please register to comment.
With these components in place, your business...
Open the Listing model file located in the ap...
Discover promising partnership opportunities in various industries.
Pitch Your Startup | Find Partners
Comments