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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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Skeleton Technologies joins Flying Whales program to develop next generation of heavy-lift, large-capacity airships

Green Car Congress

European ultracapacitor manufacturer Skeleton Technologies will join French firm Flying Whales’ program to build a 60-ton Large Capacity Airship (LCA60T, for the global transport market. For that purpose Morocco will become the “third parent country” of Flying Whales. Average operational power is expected to be approximately 1.5

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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

The BMW Group is deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. billion for the Chinese production site of the BMW Brilliance Automotive Ltd. Limited) and Samsung SDI. billion (contract duration from 2020 to 2031), with €4.5 billion for the BMW Group and €2.8

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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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