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02 Jun

Gotion High-tech to establish EV battery plant in Morocco

The government of Morocco and Chinese leading battery firm Gotion High-tech signed an MOU to establish a new electric vehicle battery factory in Morocco, Kallanish learns. Mohcine Jazouli, in charge of investment and public policies in Morocco, says the total investment is expected to amount to 56 billion MAD ($6.4 billion) by 2030, with production capacity potentially reaching 100 gigawatt-hours/year. According to a statement by the Moroccan government, the giga…
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