CNGR Advanced Material
China-Al Mada Strike $2B EV Battery Deal in Morocco
CNGR Advanced Material and Al Mada have announced plans to set up a $2 billion industrial hub in Morocco for EV battery production with an annual capacity of 1 million vehicles. Strategic initiatives by Huayou & Gotion High-Tech result in a combined $26.3 billion investment in Morocco's automotive sector.
Sep 22, 2023 // Manufacturing News, Markets & Finance News, Storage, Africa, Morocco, CNGR Advanced Material, Al Mada
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