Morocco high-tech energy storage

How much does gotion Power Invest in Morocco?

The total investment is estimated at CNY19.1 billion ($2.63 billion). The Moroccan project, led by Gotion’s wholly-owned subsidiary Gotion Power Morocco S.A., will be located in the Rabat region.

Can Morocco be a leader in EV battery manufacturing?

The investment is the first of its kind in Africa and the Middle East and represents Morocco’s push to be a leader in EV battery manufacturing. The gigafactory will create around 17,000 direct and indirect jobs, including 2,300 highly skilled positions.

What is gotion high-tech doing in Morocco?

According to Gotion High-Tech, this initiative marks the first phase of their industrial expansion in Morocco. The company envisions scaling up production capacity to 100 GWh, with a total projected investment of $6.3 billion. Privacy Policy Agreement * I agree to the Terms & Conditions and Privacy Policy.

What is gotion power Morocco?

The Moroccan project, led by Gotion’s wholly-owned subsidiary Gotion Power Morocco S.A., will be located in the Rabat region. Designed for phased development over five years, it aims to integrate battery cell production with a localized raw material supply chain, leveraging Morocco’s strategic industrial base and regional advantages.

How many jobs will a Gigafactory create in Morocco?

The gigafactory aims to produce EV batteries, creating around 17,000 direct and indirect jobs, including 2,300 highly skilled positions. The project is led by Khalid Qalam, appointed president of Gotion Power Morocco SA in early September.