Morocco anticipates increased EV battery investments, says minister
Morocco's industry minister, Ryad Mezzour, is pursuing more electric battery manufacturers to complement the country's thriving automotive sector, which saw a significant 27% increase in exports to USD 14 billion in 2023. The nation hosts production plants of major players like Stellantis and Renault, with an annual capacity of 700,000 cars, and has a robust network of local suppliers.