16,030 views
The world is moving fast, and Morocco is moving with it. In 2030, out of the 80 million cars expected to be manufactured, 40 million of them will be electric cars. According to many studies, the car battery industry will be the cornerstone towards achieving this number. This explains why China and America are engaged in a great struggle and competition between them over who will control this industry and who will host the largest number of factories producing car batteries at the present time. But what is the role of the Kingdom of Morocco in this struggle? A year and a half ago, it was announced that Morocco will host one of the largest car battery factories in the world, and when I say the largest, I mean it literally. The Goshen facility will be a huge gigafactory on an area of more than 200 hectares. If we compare it to the 350 largest gigafactories in the automotive sector worldwide, the Goshen complex ranks 13th in terms of area. The pictures you see in front of you are from the factory construction site, where work is proceeding at a rapid pace. This factory will be the first of its kind in the Middle East and Africa, and it will also be the largest, with an investment value of up to 6.5 billion dollars. The news of our acquisition of this factory at the time was considered an industrial bomb and came as a surprise and shock to all specialists. At a time when major industrial countries were racing and competing to attract this type of battery factories, Morocco was able to convince China, and the Goshen Group in particular, to localize this gigafactory in our country. The project was discussed in major newspapers and economic journals such as South China Morning Post, Clean Technica, Reuters, Bloomberg, China Global and others. All the articles and reports agreed on one thing, that this project will create an industrial revolution in Morocco and will be the gain of the century for the Kingdom. Today, the project is in place and the first part of the factory is being built at the time we are talking about. But the surprise is that a new variable has entered the line, last week the Moroccan sovereign fund CDG concluded an acquisition deal with the Chinese Goshen Hi-Tech Group, according to which Kimtalk became a large part of this factory and the shares of the Chinese subsidiary that manages it inside Morocco. This means that the largest industrial investment that Morocco has witnessed in the automotive sector, the Moroccan state has become a partner in it and owns a share and part of it, but what is the reason for this step, how did Morocco succeed in convincing Hi-Tech to give us part of its project and more than that, what is the relationship with the giant Volkswagen Group and its attempts to transfer its factories outside Germany, and also how will this step open up broad horizons for our industrial system? We will answer all these questions and provide information and data that you may hear for the first time, so stay tuned with us well and if this is the first time you are watching our videos, subscribe to the channel and activate the notifications button. Support us as much as possible, with you your brother Mohamed Salim, and without taking long, let's start