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Keywords: Automotive
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......
Mercedes-Benz has inaugurated Europe's first integrated mechanical-hydrometallurgical battery recycling facility in Kuppenheim, Germany, marking a significant advancement in sustainable automotive manufacturing. This multi-million euro investment establishes a closed-loop battery recycling system,......
The automotive industry landscape is undergoing a significant transformation as Stellantis, the multinational automotive manufacturing corporation, ramps up production in Morocco while scaling back operations in Italy. This strategic move has sparked concerns among industry experts and local officials......
The Paris Motor Show 2024, taking place from October 17 to 22, serves as a dynamic showcase for the latest in automotive innovation and sustainability. This year, car manufacturers are unveiling an impressive lineup of electric vehicles (EVs) and cutting-edge technologies, demonstrating that the transition......
Morocco aims to increase its vehicle production to one million units per year by 2025, up from the current 700,000, as part of its ambitious automotive industry growth strategy. During a recent media briefing at the 2024 Paris Motor Show, Carlos Tavares, CEO of Stellantis, praised the performance of......
Morocco's industrial sector has undergone a remarkable transformation over the past 25 years, positioning the country as a major player in global manufacturing and trade. Head of Government Aziz Akhannouch, speaking at the second edition of Morocco's National Industry Day, highlighted the nation's......
Ford unveiled its second all-electric vehicle, the new Explorer, at the ongoing Paris Motor Show. This latest addition to Ford's electric lineup marks a significant departure from the Mustang Mach-E, showcasing a unique approach to the European market. Developed in partnership with Volkswagen, the......
In a strategic move to strengthen its presence in North Africa, premium tire manufacturer Hankook has established its first commercial branch in Morocco. This expansion marks a significant step in the company's efforts to penetrate the African market, with operations being driven by Hankook's......
The Paris Motor Show, set to open its doors from October 15th to 22nd at Paris Expo, promises to be a showcase of tomorrow's automotive technology. While no longer a mandatory stop for global manufacturers, who can now leverage social media for their communications, several brands are expected to......