A Chinese electromotive group wants to invest $6.4bn in a battery-making complex in Morocco Mohcine Jazouli, the Moroccan investment minister has said.
Gotion High-Tech, based in Hefei Anhui Province chose Morocco due to its proximity to the European market.
The gigafactory in Rabat will have an annual production capacity of 100GWh and create around 25,000 jobs.
Morocco already has a car and renewable energy industry, and a chain of raw materials such as cobalt and phosphate. Moroccan officials had previously positioned the country as a prime location for an electric car battery factory.
The kingdom is home to production plants for Renault and Stellantis, with a combined capacity of 700,000 vehicles, and a cluster of car part makers. Local firm Neo Motors will also begin production of the first Moroccan car brand later this year, with a projected annual capacity of 27,000 units.
Also Read
Africa Investment Forum showcases $1.475b in renewable energy deals
Boost for infrastructure financing in Nigeria
- The State of Plant Hire in Scotland: On the Road to ScotPlant 2026 - March 11, 2026
- DA Davidson Just Raised Sterling Infrastructure’s Target to $500 — Here Is Why the Bulls Are Still Buying - March 11, 2026
- Atlas Energy Solutions Locks in Power Equipment Deal with Caterpillar to Support Private Grid Expansion - March 11, 2026
