Growing ties between China and Morocco in EV industry

According to reports in The South China Morning Post President Xi has stated that China’s engagement with Morocco has become “increasingly active,” with Chinese companies upping their investments in Morocco’s electric vehicle battery and manufacturing industries. The report references Gotion High-Tech’s $1.3 billion commitment to build Africa’s first EV battery “gigfactory” near Rabat, as well as $300 million and $690 million investments from battery component makers BTR New Material Group and Shinzoom.