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Morocco wants to follow in the footsteps of Spain and announces that they are negotiating to build a battery factory

The Government of Morocco is in negotiations with different battery manufacturers to locate one of their plants within the borders of the African country. Currently Morocco gives shelter to the factories of Renault Y Stellantis where they manufacture some of their models, such as the Dacia Sandero or the Peugeot 208. The objective of the neighboring country is to increase its role in the international automobile scene once electrification is more established and with an industry on the rise.

This news has come from the industry minister himself, Ryad Mezzour, who has confirmed in a recent interview with the media Reuters that they hope to sign an agreement for some manufacturing plants before the end of this year. However, the official did not mention what level of investment the companies with which they are currently negotiating will face.

The plans of the Government of Morocco go through this “Gigafactory” offers an important boost for the local automotive sectorat the same time that these companies would benefit from the availability of renewable energy that the country has, in the form of large environments where they can locate solar panels or wind turbines, as well as the raw materials that the Moroccan land has, among which cobalt and different types of phosphates are found.

batteries
Morocco hopes to increase its potential in the automotive industry in the coming years.

Morocco currently has a production capacity of around 700,000 units per year in the sum between the Renault and Stellantis plants, although both cases aspire to increase this figure and approach one million vehicles produced “within three or four years.” Added to this generous amount is the growing demand for battery components, both inside and outside the companies located there; a good example of this is Citroën, as it expects to double the production of electric vehicles in the next two years.

In general terms, the Moroccan industry around vehicle manufacturers is currently booming. A total of 250 auto parts manufacturers have increased their exports in the last seven years, thus surpassing the phosphate sales industry, one of the most prominent in the region. However, the African country plans to increase the rate of locally manufactured parts that end up being exported. Currently, of the total produced, 65% is sent to other places; with this new plan they aspire to increase this percentage to 80%. With that they hope to increase competitiveness with markets as prominent in the industry as China or India.

At the moment, data regarding which brands or companies are negotiating for the installation of their “Gigafactory” on Moroccan territory are still unknown. Spain, in parallel, is also at a critical moment in the evolution of taking over a large part of the electric vehicle industry in Europe. In the latest plans revealed by the government, they have already confirmed their aspiration to transform Spain into the “hub” of electric mobility in the old continent.

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