The African Development Bank (AfDB) has approved a €100 million loan to Gotion Power Morocco to finance the development of a large-scale integrated lithium iron phosphate (LFP) battery manufacturing plant, marking a major step in Morocco's ambition to become a global hub for electric vehicle (EV) manufacturing and green technology supply chains. In a statement, ...
China’s Gotion High-Tech Group is preparing to launch the construction of the first and largest factory for electric vehicle (EV) batteries and renewable energy storage in Africa, with ...