Stellantis, AXA Maroc Partner to Drive Electric Micromobility Expansion

Agadir – Stellantis Morocco has signed a strategic partnership with AXA Assurance Maroc to help accelerate the expansion of micromobility solutions across Morocco.

The agreement introduces a dedicated insurance solution tailored to users of the Fiat Tris, a fully electric micromobility tricycle produced locally at Stellantis’ industrial site in Kenitra.

Through this collaboration, Stellantis continues to advance its strategy of developing sustainable and affordable mobility options, while strengthening trust between drivers, manufacturers, and insurers. 

For AXA Assurance Maroc, the partnership reflects its commitment to designing insurance products that respond to changing mobility habits and emerging user needs, with a strong focus on inclusive and accessible solutions.

The insurance package developed under this partnership is specifically tailored to Fiat Tris owners. It includes comprehensive legal protection covering third-party damages, coverage in the event of total vehicle loss such as theft or fire, and financial protection covering any remaining loan balance owed to financing institutions.

Supporting local innovation

The Fiat Tris also highlights Morocco’s broader drive toward industrial innovation and local manufacturing. 

The vehicle was developed through collaboration between engineering teams at the Africa Technical Center in Casablanca and production teams at the Kénitra plant. 

Designed as a compact and fully electric solution, the tricycle aims to make clean urban mobility more accessible to a wider segment of the population.

More broadly, the agreement reflects a shared vision that future mobility must be environmentally responsible, affordable, safe, and socially inclusive. 

In this context, insurance plays a key role in supporting safer and more accessible micromobility adoption.

This momentum is further strengthened by parallel efforts to address financing barriers that often slow the adoption of electric micromobility. Through dedicated financial partnerships, micro-entrepreneurs and very small businesses are gaining access to tailored microcredit solutions to help them acquire electric vehicles, particularly for last-mile delivery and light logistics services. 

By leveraging nationwide agency networks, these initiatives aim to expand financing access across both urban and rural areas, supporting financial inclusion while accelerating the transition toward cleaner transport.