15/5/2024

Chinese manufacturers of batteries and materials move closer to the European Union, so far pointing mainly to Morocco

Chinese companies move battery production to Morocco, creating a hub close to the EU. Learn about their plans and the dynamic development of the automotive industry.

Several Chinese battery companies are already conducting or planning investments there.
In total, Chinese companies are planning factories in Morocco with a total production capacity approaching half a million tons 🚀.
Morocco is an ideal manufacturing hub — close to Europe, with duty-free trade agreements with the EU and the US.

Automotive production in Morocco has been developing dynamically for several years, making it the largest automotive hub in Africa 🌟.
The European Union has announced investigations to see if Chinese products entering the European market are subsidized by the Chinese government. Chinese companies try to avoid these accusations by investing in other countries 🌐

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