Chinese manufacturer BTR New Material Group has announced a significant investment of over 363 million dollars (approximately 3.5 billion dirhams) to build a factory in Morocco for the production of anode materials for lithium-ion batteries, specifically for Electric Vehicles (EVs).
According to Chinese media outlet “Yicai Global,” the new industrial unit will have an annual production capacity of 60,000 tons of anodes and will be located in the Mohammed VI Tanger Tech City.
The facility will operate under the newly established Moroccan subsidiary, BTR Mediterranean Negative Electrode New Materials Technology, and is expected to begin operations within two years.
This will be BTR’s second factory in Morocco. This investment reinforces Morocco’s strategic position as a hub for the electric vehicle industry, contributing to the global supply chain for sustainable transportation.
The first, announced at the end of March with an investment of 3 billion dirhams, began construction in April and is also located in the Mohammed VI Tanger Tech City.
This initial facility will focus on producing cathodes for EV batteries, with a production capacity of 25,000 tons, which is set to double to 50,000 tons in a second phase. The factory is expected to become operational by September 2026.
The establishment of these facilities is a significant step in Morocco’s industrial development, particularly in the high-tech sector, and aligns with the country’s broader economic goals of attracting foreign investment and advancing its role in the global green energy transition.
Chinese EV manufacturers are investing in Morocco to take advantage of U.S. incentives to promote America’s domestic EV production and reduce Chinese dominance in the global market.
The Chinese company Gotion High-Tech plans to build a new electric vehicle battery manufacturing plant in the Atlantic Free Zone located in the city of Kenitra instead of Bouknadel in the Rabat-Salé-Kénitra region.