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Morocco expects more EV battery investments, minister says – ET Auto

Baua Electric

The Moroccan government is in talks to attract more electric battery manufacturers as it seeks to adapt its growing automotive sector to an increasing demand for electric vehicles, industry and trade minister Ryad Mezzour said. The automotive sector tops Morocco’s industrial exports at USD 14 billion in 2023, up 27%.

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Renault Group and Managem Group sign agreement for sustainable supply of Moroccan cobalt

Green Car Congress

After an engineering study, Managem Group plans to invest in the construction of a factory located within the Guemassa industrial complex, Morocco in order to transform cobalt ore into cobalt sulfate. The Group aims to reduce the carbon footprint of its batteries by 20% by 2025 and by 35% by 2030, compared to 2020.

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

Japanese carmaker Nissan Motor plans to introduce its e-power hybrid technology car in Tunisia, its Africa head said on Tuesday, as part of plans to test demand in the African market for electric vehicles. Nissan’s e-Power technology system includes a petrol engine with a power generator, inverter, battery and an electric motor.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. Tata Motors currently has signed an MoU with the Gujarat government to establish a lithium-ion cell factory.

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. General Motors has been trimming employment numbers for years and recently announced plans to abandon the iconic Renascence Center to set up shop within a smaller building.

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

Green Car Congress

With the release of its third-quarter fiscal year results, Nissan Motor Co., Joint manufacturing projects with Alliance partner Renault in Morocco and India will be revised. In Morocco, Nissan will suspend its participation in the industrial project near Tangiers. forecast an operating loss of ¥180 billion (US $1.9

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

All governments should also support the transition of these light vehicles to zero emission vehicles; Kenya; Secretariat of Economy, Mexico; Morocco; Paraguay; Rwanda; Turkey; Uruguay. Unilever; Vattenfall; Zenith; Zurich. .; Financial institutions: Aviva; NatWest.