{"id":77076,"date":"2023-04-26T03:40:24","date_gmt":"2023-04-26T03:40:24","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/"},"modified":"2023-04-26T03:40:24","modified_gmt":"2023-04-26T03:40:24","slug":"chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/","title":{"rendered":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco"},"content":{"rendered":"

<\/a> Another W for Morocco\u2019s EV sector: <\/strong>Chinese EV battery components maker BTR<\/a>New Material<\/a> will invest MAD 13 bn (USD 1.2 bn) to establish a production facility in Morocco per a signed MoU with the country\u2019s Investment Ministry and the Moroccan Agency for Investment and Export Development (AMDIE), Asharq Business<\/a> reported on Saturday, citing a ministry statement. No operational timeline was disclosed.<\/p>\n

What we know: <\/strong>The Chinese company is a global leader in manufacturing cathode and anode materials for lithium-ion batteries, AMDIE General Manager Ali Seddiki said. This production is mainly directed to the US market, and specifically to Tesla. BTR New Material\u2019s Vice President described the investment as \u201cvery important\u201d for his group\u2019s integration into global markets. The two sides did not provide details on the facility\u2019s capacity, but they said it would provide 3k direct and 10k indirect jobs.<\/p>\n

REMEMBER-<\/strong> Morocco \u2014 which is already a regional automotive powerhouse \u2014 has a thriving<\/a>EV assembly industry<\/a> with plans to make it even bigger. Several global manufacturers produce hundreds of thousands of EVs at assembly facilities in the country. Renault and Stellantis already operate EV assembly facilities producing 700k cars each year. Citroen also produces around 50k EV buses per year with plans to double that output in two years. Morocco is targeting the production of around 1 mn EVs in the next three to four years, according to statements by officials last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Another W for Morocco\u2019s EV sector: Chinese EV battery components maker BTRNew Material will invest MAD 13 bn (USD 1.2 bn) to establish a production facility in Morocco per a signed MoU with the country\u2019s Investment Ministry and the Moroccan Agency for Investment and Export Development (AMDIE), Asharq Business reported on Saturday, citing a ministry […]<\/p>\n","protected":false},"author":1,"featured_media":77077,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[103],"tags":[1615,102,11,64,45],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicles","tag-btr-new-material","tag-electric-vehicles","tag-enterpriseclimate","tag-evs","tag-morocco","wpautop","entry"],"acf":{"mongo_id":"a1d54e60-53ad-42ec-8abf-529c3cf53183","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/1037.jpg","photo_position":"above","related_issue":[77069],"teaser":"","voice_url":""},"yoast_head":"\nChina\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco\" \/>\n<meta property=\"og:description\" content=\"Another W for Morocco\u2019s EV sector: Chinese EV battery components maker BTRNew Material will invest MAD 13 bn (USD 1.2 bn) to establish a production facility in Morocco per a signed MoU with the country\u2019s Investment Ministry and the Moroccan Agency for Investment and Export Development (AMDIE), Asharq Business reported on Saturday, citing a ministry […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-26T03:40:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco\",\"datePublished\":\"2023-04-26T03:40:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\"},\"wordCount\":250,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1\",\"keywords\":[\"BTR New Material\",\"ELECTRIC VEHICLES\",\"EnterpriseClimate\",\"EVs\",\"Morocco\"],\"articleSection\":[\"ELECTRIC VEHICLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\",\"name\":\"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-04-26T03:40:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/","og_locale":"en_US","og_type":"article","og_title":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco","og_description":"Another W for Morocco\u2019s EV sector: Chinese EV battery components maker BTRNew Material will invest MAD 13 bn (USD 1.2 bn) to establish a production facility in Morocco per a signed MoU with the country\u2019s Investment Ministry and the Moroccan Agency for Investment and Export Development (AMDIE), Asharq Business reported on Saturday, citing a ministry […]","og_url":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/","og_site_name":"Climate","article_published_time":"2023-04-26T03:40:24+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco","datePublished":"2023-04-26T03:40:24+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/"},"wordCount":250,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1","keywords":["BTR New Material","ELECTRIC VEHICLES","EnterpriseClimate","EVs","Morocco"],"articleSection":["ELECTRIC VEHICLES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/","url":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/","name":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1","datePublished":"2023-04-26T03:40:24+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/26\/chinas-btr-will-invest-usd-1-2-bn-in-a-ev-battery-components-facility-in-morocco\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"China\u2019s BTR will invest USD 1.2 bn in a EV battery components facility in Morocco"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1037.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-k3a","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/77076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=77076"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/77076\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/77069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/77077"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=77076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=77076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=77076"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=77076"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=77076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}