MOROCCO ADVANCES ENERGY STORAGE WITH GLOBAL
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Morocco's economic diplomacy considers the battery sector to be an essential lever for attracting investment and strengthening its global competitiveness. Following its agreements with France as a strategic partner in this field, Morocco has consolidated new alliances with other global players, such as China, Japan and the United States.
This success of the Moroccan automotive industry provides a solid foundation for new investments in the electric battery value chain to reach 400 billion dirhams by 2030. The country is consolidating its position as a leading player in the lithium and electric battery sector through ambitious projects with Asian and European p...
With the opening of a first production unit for lithium-ion battery materials in Jorf Lasfar, COBCO has begun the creation of a strategic industrial ecosystem in Morocco dedicated to electric mobility and energy storage. With a capacity equivalent to 70 GWh/year, this platform will be able to equip up to one million electric vehicles each year.
As part of a strategy to make Morocco a leading industrial platform in strategic sectors related to the energy transition, the project to create a lithium refining unit, led by LG Energy Solution and Yahua, is in line with the strategy to achieve sustainable industrial development and attract high value-added investment.
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