Keywords: Automotive
Global Chinese Motors has announced the appointment of Moroccan Abdelhak Khadraoui as the new General Manager of the company. Khadraoui's extensive experience in the automotive industry is expected to drive the Bugshan Automotive Group subsidiary to new heights. This leadership change follows a successful......
Africa’s automotive industry is poised for transformation as Morocco, the Democratic Republic of Congo (DRC), and Zambia collaborate on a pioneering electric mobility initiative. This regional effort, aimed at developing a robust electric vehicle (EV) value chain, was launched in Lusaka, Zambia,......
Morocco's aerospace sector has seen significant growth in 2024, with exports reaching MAD 21.86 billion ($2.16 billion), marking an impressive 17.3% increase compared to the previous year. This rise reflects a robust performance, particularly in the assembly segment, which alone grew by 26.9%, bringing......
MP Industry Group, a Romanian automotive supplier, officially inaugurated its first factory in Morocco on Friday, marking a significant milestone in the country's automotive sector. Situated within Tanger Automotive City (TAC), the new facility is a testament to Morocco's growing appeal as a......
Morocco is intensifying efforts to solidify its position as a prime investment destination by targeting key Asian markets. From November 25 to 29, Karim Zidane, Morocco’s Minister of Investment, is leading a delegation to Japan and South Korea to attract foreign investment and foster economic collaboration. This......
In recent years, Morocco has increasingly emerged as a key destination for global automotive and electric mobility players. The recent move by LeapMotor, a major Chinese electric vehicle manufacturer, further solidifies the kingdom's strategic role in the energy transition and green industrialization,......
SOMACA's historic factory in Casablanca marked the commencement of Renault Kardian production on Friday, in the presence of Minister of Industry and Commerce, Ryad Mezzour. This new compact SUV, aimed at both the local market and export to around fifteen countries, will be available in Morocco from......
In a significant move to enhance Morocco's economic landscape, King Mohammed VI has appointed Karim Zidane as Minister Delegate for Investment, Convergence, and the Evaluation of Public Policies (MICEPP), marking a strategic shift in the nation's approach to investment and governance. Zidane,......
The European Investment Bank (EIB) has strengthened its long-standing partnership with Morocco by providing a significant €1 billion loan package. This marks a notable expansion of the EIB's nearly €10 billion investment in the country since 1979. EIB Vice President Ioannis Tsakiris outlined......
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