Gotion secures €300 million from Morocco’s CDG for gigafactory

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 […]