Company profile
Gotion Power Morocco SA
Gotion Power Morocco SA is a Morocco-based battery manufacturer and wholly-owned subsidiary of Gotion High-Tech, a China-listed lithium-ion battery producer. Established in 2024 and headquartered in the Atlantic Free Zone, Kénitra, Morocco, the company is developing a lithium iron phosphate (LFP) battery gigafactory covering the full value chain from cathode materials to battery cells, packs, and energy storage system (ESS) products. The facility, planned in multiple phases, will reach 20 GWh of annual production capacity and create more than 2,000 direct jobs in its first phase, with a longer-term target of 100 GWh across more than 500 hectares. Gotion Power Morocco supplies electric vehicle manufacturers, including automakers operating in Morocco's free zones, and energy storage clients.
- Sector
- Energy and power / Chemicals, Auto Parts, Energy Storage (Battery)
- Markets
- Morocco
- Founded
- 2024
- Ownership
- Private
- Stage
- Corporate
- Capital raised
- $113.9m
- Business model
- B2B Manufacturing
Products and services
LFP/NCM battery packs, Cells & Energy storage system units
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 27 Jul 2026 | African Development Bank Group invests EURO 100 million in Gotion Power Morocco for the LFP battery gigafactory | Infrastructure & Project Finance | $113.9m | Morocco |
Source: Partner Researchers.