AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. The government's success in building an automotive industry nevertheless has made cars the tip of the spear as Morocco works to transform its largely agrarian economy. China's BYD - the world's largest electric vehicle maker - has at least twice announced plans to build factories in the country that have stalled before starting. And the day they decide they need electric vehicles, we will," he said.The government has bankrolled public-private partnerships like a Renault-managed academy to train technicians and managers. Compared to comparable markets, Morocco's political climate and proximity to Europe made it a safe investment, Bachiri said.


Source:   The North Africa Journal
May 15, 2024 14:43 UTC