The Moroccan government has signed an investment agreement with Sino-European electric vehicle battery manufacturer Gotion High-Tech to construct the country’s first battery gigafactory in Kenitra, according to reporting by Reuters, with additional coverage from Bloomberg and the Financial Times.
The greenfield foreign direct investment project involves an initial capital expenditure of 12.8 billion Moroccan dirhams ($1.3 billion). Under the framework agreement, the industrial facility will launch with an initial production output capacity of 20 gigawatt-hours (GWh). Future expansion phases under consideration could bring total cumulative capital investment to approximately $6.5 billion.
The establishment of this gigafactory positions Morocco as an integrated manufacturing and export hub connecting African mineral and production supply chains with European and North American automotive markets. Morocco’s existing automotive manufacturing base, combined with free trade agreements and close geographic proximity to the European Union, provides international manufacturers with strategic supply chain corridors.
Trade analysts note that this major capital inflow underscores how emerging markets with access to clean energy and key transport corridors are attracting substantial clean-technology manufacturing investments amid the global transition to electric mobility.
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