China’s Gotion High Tech to set up USD 1.3 bn EV battery gigafactory in Morocco – ET Auto
Baua Electric
JUNE 6, 2024
The automotive sector topped Morocco’s industrial exports at USD 14 billion in 2023, up 27% on the previous year. China’s Gotion High Tech will build Morocco’s first EV battery gigafactory for a total cost of 12.8 Morocco’s geographic location close to Europe, its free trade agreements with key EU and U.S.
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