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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

Renault Group and Managem Group , a Moroccan player in the mining and hydrometallurgy sector, signed a memorandum of understanding (MoU) aimed at securing the supply of low-carbon and responsible cobalt sulfate for electric batteries. billion from 2025 and a target of €3 billion.

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Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

Green Car Congress

The two companies have also agreed to cooperate closely on other LFP-related raw material supply matters. Global demand for LFP is expected to grow at an average annual rate of 30% between 2014 and 2020, mainly driven by industrial batteries, e-buses and e-cars.

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

Green Car Congress

A key advantage of the LCA60T is that it will not require an airport or any kind of runway to operate, opening up new markets across the world for industries that require heavy-lift or oversize cargo options, across terrain lacking in infrastructure. For that purpose Morocco will become the “third parent country” of Flying Whales.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. (Offshore) (CCC), to develop green hydrogen plants in the Middle East. Many more will follow.

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BMW targeting doubling energy density of battery cells by 2030, with current i3 as basis

Green Car Congress

The company has also restructured its supply chains for the upcoming fifth generation of high-voltage batteries and will begin direct procurement of cobalt and lithium for battery cells in 2020. The relevant agreements guarantee a reliable supply of these materials until 2025 and beyond.

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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. But Stellantis has alleged that the industry needs to think about long-term sustainability and claims plenty of businesses are on the same page.

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