![]() It would be equivalent to a third of the capacity of the top global battery manufacturer, Contemporary Amperex Technology Co Ltd., and would surpass the current total for installed capacity in the US. If completed, the Gotion factory in Morocco would be among the world’s largest. Morocco ranks 28th out of 30 countries that BloombergNEF tracks for activity in the lithium battery supply chain. No African nations are expected to add any lithium-ion battery manufacturing capacity through 2027, according to the latest report by research firm BloombergNEF that tracks announcements made through October 2022. There are few prospects that the big picture will change in coming years. ![]() The crucial refineries and factories that transform raw lithium, cobalt or manganese into battery components aren’t always located in the countries that produce these energy-transition metals. The bulk of the supply chain - and the revenue that comes with it - is found mainly in China, South Korea, Japan, Europe and the US. ![]() The project will contribute to “decarbonization and the deployment of innovative energy solutions,” said Gotion President Li Zhen said in a statement released by Morocco’s investment agency. Gotion is one of the world’s 10 largest battery manufacturers and listed on both China’s Shenzhen Stock Exchange and on the Zurich Stock Exchange in Switzerland.įollowing this initial step both Gotion and the government aim to sign an investment agreement, according to Mohcine Jazouli, Morocco’s delegate minister in charge of investment and public policies. ![]() The memorandum of understanding envisions the first factory for EV batteries in Africa, with an annual capacity of 100 gigawatts, backed by an investment of €6 billion ($6.4 billion). That could change following an agreement announced last week between Chinese battery manufacturer Gotion High-Tech Co. and the Kingdom of Morocco. FAME 2 revision impact, premium e-scooters overtake mass-market e-scooter sales says SMEV ![]()
0 Comments
Leave a Reply. |