CATL considers building a wholly-owned battery cathode material plant in Morocco

2024-12-27 03:27
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Following its expansion in Europe and America, CATL is now considering expanding its business to the African continent. It is reported that the company is considering building a wholly-owned battery cathode material factory in Morocco to support the production needs of its multiple battery factories in Europe. This move will further strengthen CATL's leadership in global battery manufacturing and also demonstrate the company's attention and investment in the African market.