Tesla launches Moroccan subsidiary to expand in North Africa
Tesla has formally entered Morocco with a new subsidiary, Tesla Morocco, incorporated on May 27 by Dutch entities Tesla International
According to Dave Lewis, CEO of Xlinks. the green energy project between Morocco and the United Kingdom will reduce energy costs for British consumers by a substantial 9.3%. The Xlinks Morocco-UK electricity project will rely on wind and solar energy in Morocco’s renewable energy-rich Guelmim Oued Noun region. In the first project of its kind,
facility will be connected to the UK via 4,000 kilometers of high-voltage direct current submarine cables. Once completed, the project will meet 8% of Britain’s electricity needs.
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