Morocco Emerges as Major Hub for Electric‑Vehicle Battery Investment

The United Nations Conference on Trade and Development’s 2026 World Investment Report notes that Morocco has become one of the new global platforms attracting investment in electric‑vehicle (EV) manufacturing, joining Brazil, India, Saudi Arabia and Thailand. A long‑term industrial strategy—anchored by the National Industrial Acceleration Pact, the Industrial Acceleration Plan and the 2022 Investment Charter—has built a competitive, export‑oriented automotive sector supported by modern industrial zones, free‑trade incentives, a network of local suppliers and specialised training programmes.

In 2024 the country launched a gigafactory for EV batteries in the Rabat‑Salé‑Kénitra region with an initial US$1.3 billion investment. The project is slated to expand to US$6.5 billion and raise capacity from 20 GWh to 100 GWh, signalling a shift from vehicle assembly to battery cell production. Foreign direct investment inflows rose to US$3.338 billion in 2025, up from US$1.748 billion in 2024, bringing total inward FDI stock to US$80.8 billion at year‑end. The report highlights that Morocco’s rise is driven by the re‑organisation of global supply chains and substantial Chinese group investments in clean‑technology sectors.