Morocco's automotive industry prepares for electric vehicle era, aiming to maintain competitiveness.
Morocco's automotive industry, which supplies more cars to Europe than China, India, or Japan, is shifting gears to prepare for the electric vehicle era. Over 250 car and component manufacturing companies operate in Morocco, contributing 22% to the country's GDP and $14 billion in exports. As the global auto industry transitions to electric vehicles and automation, Moroccan officials aim to maintain the country's competitive edge in the automotive industry by attracting electric vehicle projects.
May 15, 2024
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