Breaking 14:40 All 7 AI models tested conspired to prevent shutdown of peers, study finds 14:20 Iran war threatens Asia's AI boom as energy costs surge 12:50 BYD international sales surge 65% as oil crisis drives global EV demand 12:23 India graveyard raid uncovers hidden cooking gas canisters amid shortage 12:20 South Korean researchers achieve lithium-air battery breakthrough 12:12 China expands digital yuan programme with 12 new banks 12:00 Chinese stocks and bonds outperform global peers as Iran war reshapes energy markets 11:52 Activist investors push BP to maintain climate commitments 11:45 Brazil floods the market and eases Singapore's bunkering crisis 11:30 Saudi Arabia pushes back on Trump's war strategy as Gulf allies fear retaliation 11:20 An AMD-Intel acquisition hoax spreads on April Fools' Day 11:07 Les Impériales 2026: a fourth day dedicated to the key challenges of the industry 10:50 Gold retreats to $4,600 after its worst monthly drop since 2008 10:41 Les Impériales 2026: Inwi confirms its leadership at Love Brand Morocco 10:25 Amine Bennis to Walaw: “We need to rediscover the pleasure of working together” 10:20 DAX jumps nearly 3% in global rally fueled by hopes of an end to the Iran war 10:00 Jalal Hajjou: “All the ingredients are in place to relaunch advertising” 10:00 TSX futures decline as geopolitical tensions weigh on markets 09:50 UK, Australia and Germany unveil emergency fuel plans amid Iran crisis 09:45 Marrakech to host university theatre festival celebrating creativity and expression 09:35 Tim Cook unveils rare Apple prototypes on the company's 50th anniversary 09:30 Italy fines Revolut over alleged unfair commercial practices 09:20 A record $977M bet against oil backfires as crude prices surge 09:15 Lithuania seeks US cooperation in trafficking probe linked to Epstein case 09:00 Russia conducts nuclear missile drills in Siberia amid rising tensions 08:50 Artemis II toilet malfunctions hours into the historic lunar mission 08:45 Greece debates social media ban as parents seek to limit children’s screen time 08:23 Sweden boosts air defence spending with major procurement plan 08:20 NASA Artemis II crew reaches Earth orbit in historic first step toward the Moon 08:00 China backs lawful global tech deals amid scrutiny of Meta acquisition 07:50 AI models lie and defy orders to prevent other AIs from being deleted, study finds 19:43 Les Impériales 2026: Dari emerges as a love brand in the food category 17:40 France closely watches Pernod Ricard and Brown Forman merger talks 17:30 Spacex files confidential ipo plan targeting record $75 billion raise 17:16 Lufthansa plans to ground 40 aircraft as Iran war doubles jet fuel costs 17:00 Samsung launches Galaxy A57 5G and A37 5G with enhanced AI features 16:45 Iranian strikes on Gulf aluminium plants push prices to four-year highs 16:35 Morocco emerges as strategic NATO partner in the southern neighborhood 16:26 Rox Motors opens Casablanca showroom and launches two luxury SUVs 16:20 Russia earns $9 billion a month in oil windfall from the Iran war 16:04 Lilly’s weight-loss pill receives US FDA approval 16:00 Oil falls toward $100 as Trump claims Iran requested a ceasefire 15:51 BoE governor warns on private credit risks, recalling 2008 lessons 15:40 Intel buys back Apollo's stake in Irish chip plant for $14.2 billion 15:38 Mega IPO wave builds as SpaceX moves closer to public listing 15:26 Switzerland considers cancelling U.S. Patriot missile deal amid uncertainty 15:20 Iran war energy shock puts $800 billion in Asian data center funding at risk 15:13 India tightens currency controls as rupee faces growing pressure 14:59 Bulgaria vows cleaner elections amid anti-corruption crackdown 14:50 New studies reveal how DNA movement and cell mechanics drive cancer development 14:50 Gitex Africa 2026: Korean startups expand their footprint in Morocco

Stellantis boosts Morocco’s industrial ambitions with €1.2 billion expansion

Thursday 17 July 2025 - 14:50
By: Dakir Madiha
Stellantis boosts Morocco’s industrial ambitions with €1.2 billion expansion

Morocco has made a significant stride in its industrial development with the inauguration of the expanded Stellantis plant in Kenitra. This €1.2 billion initiative is set to double the plant's production capacity, elevate local integration to 75% by 2030, and create 3,100 new direct jobs, solidifying Morocco’s position as a key player in the global automotive industry.

A strategic investment for economic growth

Head of Government Aziz Akhannouch presided over the inauguration ceremony, emphasizing the project's alignment with Morocco's long-term vision of building a competitive, integrated, and value-driven economy. The investment includes €702 million allocated to developing local suppliers, reflecting Morocco’s industrial roadmap and the principles of the New Investment Charter.

Akhannouch highlighted that the project goes beyond production numbers, aiming to establish a resilient industrial infrastructure rooted in national production and innovation.

Achieving global milestones

Minister of Industry Ryad Mezzour underlined the scale of the achievement, noting that Morocco is now among the few nations with an annual automotive production capacity exceeding one million vehicles. He attributed the success to a strong collaboration between Morocco and Stellantis, resulting in technological independence and skilled opportunities for Moroccan youth.

Samir Cherfan, Stellantis’ Chief Operating Officer for the Middle East and Africa, praised the rapid development of the Kenitra plant. Since its launch in 2016, the factory has surpassed expectations, reaching a production capacity of 200,000 vehicles annually by 2020—three years ahead of schedule.

Expanding production and embracing innovation

Stellantis plans to produce 350,000 engines annually at the Kenitra site, starting with the assembly of a new Mild Hybrid generation in May 2025. A second phase, focusing on advanced machining, is slated for November 2026.

Additionally, the group has expanded its micromobility operations. Since January 2025, annual production of Citroën Ami, Opel Rocks-e, and Fiat Topolino models has increased from 20,000 to 70,000 units. By July 2025, the site will launch fully electric three-wheeled vehicles and begin producing electric charging stations, with a projected output of 204,000 units.

A cornerstone of Morocco’s industrial future

The Kenitra expansion marks a turning point in Morocco’s industrial ambitions, demonstrating the country’s ability to attract major investments and foster innovation in the automotive sector. With a growing focus on sustainability and technological advancement, Morocco is well-positioned to lead in the global transition to electric and hybrid mobility.


  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

Read more

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.