Morocco Increases Impact on Global Electric Vehicle Market — $10 Billion in EV Investments

Morocco is playing an increasingly important role in the global transition to electric mobility. The country has a robust manufacturing sector, the necessary expertise, high renewable energy potential, raw material sources, and a strategic location. These qualities are increasingly attracting the attention of international companies and play a key role in shaping the future of electric mobility worldwide.

In order to achieve a successful transition to electric mobility in Africa, it will be necessary to fully tap into the socio-economic development potential, growing demand, and strategic development of local value chains. To do this, it will be necessary to exploit all of Africa’s existing advantages of location, renewable energy, raw materials, and innovation dynamics.

In addition, Morocco has become a base for a number of Chinese companies looking to develop in the field of e-mobility. The country has entered into strategic partnerships that aim to create a solid foundation for the electric vehicle industry and supply chain, which will open up a sustainable and technologically advanced automotive future.

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