Morocco’s Auto Industry Breaks Export Records
Morocco’s foreign exchange bureau has reported that its automotive industry has set a record with exports of 44 billion dirhams …
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Morocco’s Automotive Exports Soar by 30% in 2023
The automobile market in Morocco is seeing a significant 30% yearly growth, shattering all previous sales records. An astounding MAD …
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Morocco On Track to Launch 100% Locally Produced Car Brand
Morocco is set to launch a 100% Made in Morocco car brand that would be available on the local market at an average price of MAD 170,000 ($15,000/ PKR 34.03 lac), as revealed by the country’s Trade and Industry Minister, Ryad Mezzour. The budget-friendly cars will be sold under the brand name “Neo.”
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Stellantis to Invest $300 Million in Moroccan Plant
Stellantis is investing more than $300 million into its Kenitra plant in Morocco, to double its production there and create nearly 2,000 jobs. The investment is a sign of the transatlantic automaker’s ambitions in the region.
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Morocco’s Rachid Yazami Invents World’s Fastest Lithium Batteries
Moroccan scientist and engineer Rachid Yazami has invented lithium batteries that take only 10 minutes to charge an electric car, breaking the world record for a recharge speed of 20 minutes.
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Morocco to Scale Up Electric Vehicle Production
Morocco is set to double its production of electric cars in the course of the upcoming two years, according to the Moroccan minister for trade and industry.
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How Morocco Become a Leading Automobile Production Hub
How Morocco has moved from an insignificant car manufacturer just a few decades ago to one challenging the likes of Poland, the Czech Republic and even Italy is a story of state intervention. Joe Studwell, an expert in industrial policy in both Asia and Africa, regards the growth of Morocco’s car industry as an example of what governments can do when they are serious.
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