The minister explained that the production capacity of the “Peugeot” factory will be doubled by around 250,000 additional cars, and by 20,000 for the “Renault” group in Tangier.
Regarding electric cars, Mezzour added that: “the production capacity by 2025 will reach 750,000 cars»noting that Morocco currently manufactures 40,000 electric cars.
The minister underlined that the objective set to reach the production of one million cars is about to be reached, adding that 64% of the value of the parts used in the production chain are manufactured in Morocco.
Furthermore, Mezzour indicated that the sector employs 220,000 professionals in Morocco and that over the next three years the objective is to add about 120,000 additional jobs.