Major Investment Deal: China's Gotion Commits $1.3 Billion to Morocco EV Battery Gigafactory
Friday, 7 June 2024, 05:13
Mega Investment by China's Gotion in Morocco
China's Gotion is making a bold move with a $1.3 billion investment in a new gigafactory in Morocco, emphasizing the growing global demand for EV batteries.
Revolutionizing EV Battery Production
The gigafactory is set to have an initial capacity of 20 gigawatt hours, marking a significant step towards sustainable energy solutions.
- China's Gotion commits $1.3 billion to invest in state-of-the-art facilities.
- Moroccan government partners with Gotion for a greener future.
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