Rabat – Morocco’s government has expressed satisfaction with the high demand for electric cars in the national market.
Spokesperson of the government Mustapha Baitas said that the North African country is supporting the project to manufacture electric cars.
Baitas recalled the meeting between Head of Government Aziz Akhannouch and CEO of multinational group Stellantis, stressing that the meeting is in line with Morocco’s ambition to boost the manufacturing of electric cars.
Stellantis will devote a third of its production capacity to electric cars.
On Thursday, the vehicle manufacturer announced that it will invest over €300 million in its Kenitra manufacturing facility to double local production capacity to 400,000 vehicles, planning to reach more than 22% market share in the MENA region by 2030.
The group aims to produce 50,000 electric cars per year, including Citroen Ami and Opel Rocks-e models.
As part of its ambition to boost the automotive sector, Morocco has frequently expressed determination to reinforce its electric vehicle production.
The country’s determination is part of its commitment toward sustainable development.
Like Morocco’s government, the Stellantis group expressed satisfaction with its growth in the country.
CEO of the group Carlos Tavares emphasized that the new investment serves as a strategy that aims to reach a “number one position in the market and double-digit margin.”
Stellantis also expressed support for Morocco’s green energy transition.
