Automotive industry in Morocco - statistics & facts
In recent years, Morocco has overtaken South Africa as the biggest vehicle exporter on the continent. The North African country has managed to grow its exports and secure investments from international manufacturers looking to move or expand their vehicle production, drawn by lower costs and the country's proximity to Europe. Additionally, Morocco's advancements in the electric vehicle market have boosted its automotive sector, positioning it as a key player to help the EU meet its low carbon emissions target by 2035. This is further solidified by the country's substantial phosphate resources, holding almost 70 percent of the world's reserves. So, just how advanced is Morocco’s automotive industry, and what actions have been taken that foster new investments and global partnerships?
