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Chinese Firms Invest $1 Billion in Morocco’s Automotive Battery Sector

  • Hailiang and Shinzoom to build copper and anodes plants in Morocco’s Tanger Tech zone.
  • Investments reflect China’s strategy to bypass US sanctions and leverage Morocco’s strategic trade position.

 

Chinese automotive battery manufacturers Hailiang and Shinzoom are set to build two distinct facilities in Morocco, as the nation seeks to bolster its automotive sector in response to the growing demand for electric vehicles, Moroccan officials disclosed on Tuesday.

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