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Morocco Signs Agreement for EV Battery Plant With Chinese Company

Image via @miceppgov_ma on X

The Moroccan government signed a $300 million agreement with China’s BTR New Material Group to build a plant in the port city of Tangier to produce cathodes used in electric vehicle (EV) batteries.

The government considers this plant the first step in setting up a battery ecosystem and transforming the country into a regional production hub for the EV battery industry. 

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