Morocco is set to make history as the host of Africa's first battery gigafactory, backed by a landmark $5. 6 billion investment from China. The facility, located in Kenitra, aims to produce 20 gigawatt-hours annually by 2026, with plans to expand to 100 GWh. Located in the industrial hub of Kenitra, the project is backed by a. . Since 2023, several Chinese lithium battery industry chain companies, including CATL, Gotion High-Tech, Sunwoda, BTR, Huayou Cobalt, CNGR Advanced Material and Tinci Materials, have collectively invested in Morocco and built factories. The battery industry chain centered around LFP is forming. . Morocco continues to establish itself as a central player in the global electric battery industry. The latest example is the strategic partnership between the South Korean giant LG Energy Solution (LGES) and the Chinese group Yahua, now formalized with the launch of a lithium refining unit on. . COBCO, a joint venture between CNGR and Al Mada, launched today a two billion dollar lithium-ion battery materials plant in Morocco, the first of its kind outside Asia, as it seeks to become a key supplier for electric vehicle and energy storage markets. Rabat – Karim Zidane, Minister Delegate in charge of Investment, announced on Wednesday a joint Korean-Chinese investment of over MAD 5.
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