
Chinese Battery Giant to Build $1.3 Billion Factory in Morocco
The Chinese battery giant Gotion High-Tech will invest up to 1.3 billion euros in Morocco to build a lithium-ion battery factory.

The Chinese battery giant Gotion High-Tech will invest up to 1.3 billion euros in Morocco to build a lithium-ion battery factory.

The Renault plant in Oued Tlelat, near Oran, inaugurated with great fanfare in 2014, is going through a difficult period. At the time, this project was a source of pride for the Algerian authorities, who finally saw the construction of a national automobile factory and a competitor to the one in Tangier.

The French manufacturer Renault plans to soon launch its first Research & Development (R&D) center in Morocco.

The French automaker Renault has unveiled an ambitious transformation plan aimed at significantly reducing industrial costs: a 30% reduction for combustion vehicles and 50% for electric models by 2027. The Renault plant in Tangier is affected.

The Financial Times celebrates the Moroccan success story in the automotive sector by devoting a report highlighting the progress and prospects.

Dacia will expand its range in 2026 with a 4x4 hybrid family car called C-Neo which will also have a sedan version. The vehicle will likely be manufactured in Morocco.

One million cars produced per year in Morocco. This is the objective of the Minister of Industry and Trade, Ryad Mezzour, by 2030.

Renault Group Maroc has exceeded its local integration and local sourcing targets ahead of schedule, surpassing the commitments of the Renault ecosystem. Indeed, with a local integration rate , excluding mechanics, reaching 65.2% in 2022 for a target of 65% in 2023, and a local sourcing turnover of 1.86 billion euros in 2022, an increase of 40% compared to 2021, the automotive group is posting exceptional performance.

Denis Le Vot, CEO of Dacia, accompanied by Ryad Mezzour, Minister of Industry and Trade, and Mohamed Bachiri, CEO of Renault Group Maroc, announced, this Friday, March 17, during a ceremony, the launch of the production of the first hybrid model of the Romanian brand, the Dacia Jogger, in the Renault plant in Tangier, starting in the second quarter of 2024.

The Sandero, a hatchback car from the Dacia automotive brand manufactured at the Renault plant in Tanger (Morocco), is experiencing a real breakthrough in France. It occupies a good place in the ranking of the 10 best-selling cars in 2022.

Morocco is emerging as a major competitor to the Spanish automotive industry, particularly that of Aragon where the sector, which has become the spearhead of the regional economy, employs more than 25,000 people.

Morocco remains a vast commercial and strategic base for the Renault Group. In the first half of 2021, the Kingdom ranks, for the first time, in the Top 10 of the Renault Group’s main markets worldwide.