Can Morocco produce EV batteries?

The production of EV batteries on such a scale would be appropriate for Morocco’s impressive automotive manufacturing ecosystem, which already has the capacity to produce over 700,000 vehicles per year. Now Rabat is aiming to increase Morocco’s output to 1 million vehicles per year by 2025, with many of those being EVs.

Could Morocco produce a lithium ion battery?

If extracted in sufficient quantities, Morocco could locally source all of the major metals used in NMC Li-ion batteries. The kingdom possesses small nickel and manganese reserves that could supply domestic NMC cathode manufacturing. And Morocco may have its own domestic supply of lithium as well.

Where does Morocco rank in the lithium battery supply chain?

Morocco ranks 28th out of 30 countries that BloombergNEF tracks for activity in the lithium battery supply chain. If completed, the Gotion factory in Morocco would be among the world’s largest.

How will Morocco become a green mobility manufacturing giant?

The key to Morocco’s rise as a green mobility manufacturing giant will be expanding its automotive ecosystem to include local manufacture of Li-ion batteries, which represent 30% to 40% of the cost of the average EV. The new gigafactory could thus accommodate producing the targeted additional 300,000 vehicles as EVs.

How many electric cars will Morocco produce a year?

The planned annual production is 70 GWh. That should be enough for more than one million electric vehicles. Production is mainly for export to meet the high demand in Europe and America – but the partners do not name potential customers. The investment volume is about 20 billion Moroccan dirhams (1.8 billion euros).

What if gotion was built in Morocco?

If completed, the Gotion factory in Morocco would be among the world’s largest. It would be equivalent to a third of the capacity of the top global battery manufacturer, Contemporary Amperex Technology Co Ltd., and would surpass the current total for installed capacity in the US.