In June 2024 China’s Gotion High Tech, a major manufacturer of lithium-ion batteries, announced a $1.3bn investment to build Morocco’s first electric vehicle (EV) battery “gigafactory”. In a deal signed with the Morocco government, Gotion High Tech agreed to construct the factory with an initial battery capacity of 20 gigawatt hours (GWh), with the ultimate ambition of building a $6.5bn, 100 GWh f...
