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Tuesday, September 16, 2025

China Finances Huge Moroccan Battery Factory

 Msn.com posted on 16 September 2025 an article titled "Morocco Emerges as Africa's First Host of a Battery Gigafactory in $5.6 Billion China-backed Deal."

China is financing a facility in Morocco for producing essential components for electric vehicle batteries.  About 85 percent of the batteries will be exported to the European Union.