In June, the Moroccan government signed an investment agreement with Gotion for a battery factory with a total investment of 12.8 billion dirhams ($1.3 billion) and an initial battery capacity of 20 GWh.
CDG, Morocco''s largest public financial investment institution, will support Gotion''s operations of the project in Morocco. The first phase of the project, which covers power batteries, energy storage batteries and cathode and anode materials, is expected to directly create more than 2,000 local jobs, Gotion said.
Gotion''s chairman, Li Zhen, said the company will bring its advanced production lines, technology, and management to Morocco and work with CDG to make this project a benchmark for energy transformation in Morocco.
On November 13, Gotion signed a memorandum of understanding with Moroccan investment agency CDG Group, which plans to invest 300 million euros ($280 million) in the first phase of Gotion''s Moroccan project, according to an announcement today.
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La Marocaine Industrielle des Batteries Lot 704, Parc Industriel Sapino Nouaceur, 20000, Casablanca Click to show company phone https://maribat .ma Morocco
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This edition confirms its status as an innovation and exchange platform with the participation of ... 25.02.2025 - 27.02.2025 Solaire Expo Maroc 2025 Casablanca, Morocco. Solaire Expo Maroc …
CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion''s Moroccan project and support its operations.
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