Gotion has secured €300 million ($317 million) worth of investment from Morocco’s state-owned investment fund CDG to build the first gigafactory in the country. The gigafactory, announced in June of this year, is expected to have 20 gigawatt-hours (GWh) of capacity when first phase operations begin in 2027. Gotion plans to increase capacity to 100 […]
> Benchmark has promoted Chinese cell producers CALB, EVE Energy, SVOLT, and Gotion to Tier 1 status. This follows sufficient evidence that these companies have met the offtake requirements to qualify as Tier 1 producers. Namely, they have been assessed as supplying multiple multinational passenger EV OEMs outside the Chinese market. CALB CALB has an active […]
> Benchmark hosted its inaugural Giga Africa event in Marrakesh, Morocco in September, featuring delegates from across the battery supply chain. Over the many conversations and discussions held about Africa’s place in the global battery supply chain, several key themes emerged: Explore these topics in the words of Giga Africa’s expert speakers and panellists.
> Since January 2025, 108GWh of LFP production capacity has been announced in North America through to 2030, bringing the total to 281GWh. These announcements have been driven by the increasing importance of the BESS industry in the US, as tax credits for EVs have been phased out. How is future capacity changing? The new capacity […]
> Benchmark Mineral Intelligence today announced the commercial launch of its new 314Ah lithium iron phosphate (LFP) cell price for energy storage applications. The announcement comes as global LFP battery cell prices show signs of recovery, following a marked rebound in lithium carbonate costs and tightening supply conditions across the battery materials market. Benchmark’s Head of […]
> Building out Africa’s energy infrastructure is vital for achieving economic growth on the continent and battery energy storage is a key platform technology enabling this. Companies around the world are beginning to recognise the size of the opportunity presented by Africa’s energy storage markets. “We see Africa not only for its resources, we also see […]
> Chinese cell maker Gotion High-Tech will invest 12.8 billion dirhams ($1.3 billion) to build a 20 gigawatt-hour (GWh) gigafactory in Morocco. The facility will be Africa’s first gigafactory. This is just the latest of a recent surge of investments by Chinese companies into the burgeoning battery value chain in Morocco. Gotion, and other Chinese companies, […]
> Chinese anode producer Shinzoom is looking to build an integrated anode material facility in Morocco as overcapacity in China drives a search for overseas markets. Shinzoom, also known as Hunan Zhongke, says its total planned investment for the Moroccan plant will not exceed RMB 5 billion ($690 million), with annual capacity to be 100,000 tonnes. […]
> The Indian government has acknowledged that black mass exporters are circumventing hazardous waste export rules through the use of unrelated HS codes. Under current regulation, black mass can only be exported from India under a certain HS code once the exporting company has received an export control licence and further permissions from the Indian government. […]