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Keywords: Electric Vehicles


Tesla faces plunging stock prices amid broader tech market decline

Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......

Morocco’s bold leadership in sustainable transportation, a blueprint for Africa’s green future

As the global community grapples with climate change and urbanization, Morocco is emerging as an unexpected leader in sustainable transportation. With ambitious initiatives and innovative strategies, the North African nation is positioning itself as a key player in the green mobility transformation across......

Jong Wei Strengthens Investments in Morocco amid Slowed Asian Expansion

The Chinese group "Jong Wei," a specialist in battery materials production, has announced a slowdown in its expansion across Asia, suspending a project in South Korea and postponing two others in Indonesia. However, the company reaffirmed its commitment to strengthening investments in Morocco,......

Morocco's green mobility plans ahead of 2030 World Cup

Morocco prepares to acquire 7,000 buses, with focus on electric vehicles Morocco has unveiled an ambitious plan to purchase 7,000 buses as part of its preparations for major sporting events, including the 2030 FIFA World Cup, which it will co-host with Spain and Portugal. Ryad Mezzour, Morocco’s......

Tesla faces steep decline in European markets as buyers shift preferences

Tesla experienced significant sales downturns across major European markets in January 2025, with declines ranging from 12% to 63% in key countries, amid growing competition and public response to CEO Elon Musk's political activities. This shift marks a notable change for the electric vehicle manufacturer......

EU backs French battery plant with €48 million boost for electric Renault icons

The European Commission has approved a €48 million grant to support Envision AESC's construction of a battery manufacturing facility in Douai, northern France. The plant will produce batteries for the upcoming electric versions of Renault's iconic 5 and R4 models, marking a significant step......

Toyota expands electric vehicle investments in China and the U.S

Toyota, the Japanese automaker, has announced a strategic partnership with the city of Shanghai to enhance the development and production of electric vehicles (EVs) and batteries in China. As part of this collaboration, a new company will be established in Shanghai’s Jinshan district, with plans......

Jorf Lasfar's key role in electric vehicle battery materials production

Jorf Lasfar's industrial port, a cornerstone of Morocco's economy, has reached a significant milestone with the inauguration of the first production lines for Nickel Cobalt Manganese (NCM) used in Precursor Cathode Active Materials (PCAM). This development is driven by Cobco, a subsidiary of......

Rivian announces plans for hands-free driving by 2025 and 'eyes-off' systems by 2026

Electric vehicle manufacturer Rivian is set to launch its hands-free driving system in 2025, followed by its advanced "eyes-off" system in 2026, according to CEO RJ Scaringe. The "eyes-off" system, which allows drivers to relinquish full control of the vehicle, is expected to provide......