Rabat electric storage vehicle lithium battery pack

Can Morocco produce EV batteries?

The production of EV batteries on such a scale would be appropriate for Morocco’s impressive automotive manufacturing ecosystem, which already has the capacity to produce over 700,000 vehicles per year. Now Rabat is aiming to increase Morocco’s output to 1 million vehicles per year by 2025, with many of those being EVs.

Could Morocco produce a lithium ion battery?

If extracted in sufficient quantities, Morocco could locally source all of the major metals used in NMC Li-ion batteries. The kingdom possesses small nickel and manganese reserves that could supply domestic NMC cathode manufacturing. And Morocco may have its own domestic supply of lithium as well.

Is China relocating its lithium battery plant to Morocco?

Finally, at the end of August Tinci Materials, another Chinese manufacturer, revealed that it would relocate its Czech lithium battery components plant to Morocco. For his part, Ouriaghli, alongside OCP Group boss Mostafa Terrab, set up a joint venture in late September between Al Mada and the Chinese company CNGR.

Who is the world's second-largest electronic vehicle battery manufacturer?

In late September, the South Korean group LG Energy, the world's second-largest electronic vehicle battery manufacturer (13.7% global market share in 2022), confirmed its association with the Chinese Huayou Group in its industrial project in Morocco, announced in April.

Will Rabat build a Gigafactory in China by 2026?

Then, in May, Chinese firm Gotion High-Tech (3% of the market), a preferred supplier of Volkswagen, its reference shareholder, signed an agreement with Rabat to build a gigafactory in the kingdom by 2026.

What type of battery does an EV use?

The most common EV batteries are the energy-dense batteries that use a nickel manganese cobalt (NMC) cathode or sometimes a nickel cobalt aluminum (NCA) cathode. Energy dense Li-ion batteries with cobalt generally enable EVs to have longer driving ranges between charging.