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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. billion from 2025 and a target of €3 billion.

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ZF signs multi-year supply agreement with STMicroelectronics for silicon carbide devices for new inverters

Green Car Congress

ZF will leverage ST’s vertically integrated silicon carbide manufacturing in Europe and Asia to secure customer orders in electromobility. Among others, ZF will use the technology in inverters for vehicles of a European car manufacturer whose production start is planned for 2025. Earlier post.)

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Could the next James Bond be driving an EV powered by Lucid Motors?

Baua Electric

Following an existing supply agreement with Aston Martin , Lucid Motors’ CEO and CTO Peter Rawlinson hinted that James Bond’s next vehicle could be 100% electric. Would that sort of acceleration even be fair to the cronies chasing him through the streets of Morocco or the Furka Pass is Switzerland? Peter Rawlinson seems to think so.

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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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CATL accelerates overseas expansion as it outgrows China’s booming EV market

Baua Electric

It was also the only manufacturer with a +30% share. It’s also considering a fully owned battery cathode materials facility in Morocco, which would supply its European battery plants. Last month, a CarNewsChina report claimed General Motors was in talks with CATL to license its LFP battery tech. share of the market.

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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. The argument is that European manufacturers that are pivoting to EVs have had difficulties making them profitable and have already invested heavily into their development.

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