
Morocco aims to boost electric vehicle production by 53% by end of 2025
Morocco plans to increase its electric vehicle (EV) production by 53% by the end of 2025, reaching a total of 107,000 units, Industry and Trade Minister Ryad Mezzour announced on Monday during a session at the House of Representatives. The move is part of the kingdom's broader strategy to reduce its dependence on the European market, which is currently facing sluggish demand.
The country's automotive sector currently has an annual production capacity of 700,000 vehicles, with expectations to reach one million units before the end of the year. The European Union remains the main destination for Moroccan car exports.
Despite a 7% drop in car exports—amounting to around 49 billion dirhams during the first four months of 2025—the automotive industry continues to hold its position as Morocco's leading export sector. According to data from the Foreign Exchange Office, this decline contributed to a widening trade deficit, which rose to 108.9 billion dirhams, up by 22.8%.
Minister Mezzour described the downturn as temporary and highlighted efforts to diversify Morocco's export markets. The country currently exports vehicles to around 70 countries and aims to expand that number to 100.
Data from the European Automobile Manufacturers Association shows a decline in sales of traditional cars across the continent, while electric vehicles now account for 15.2% of the market—strengthening Morocco's strategic focus on EV production.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Ya Biladi
42 minutes ago
- Ya Biladi
Morocco sees 55% surge in Foreign Direct Investment in 2024 says UNCTAD
Morocco saw a significant rise in foreign direct investment (FDI) inflows in 2024, according to the United Nations Conference on Trade and Development's (UNCTAD) World Investment Report 2025. The report highlighted North Africa as the main driver of FDI growth on the continent, with Morocco's FDI increasing by 55% to $1.6 billion. Tunisia also experienced a 21% rise, reaching $936 million, alongside strong gains in Egypt. The construction sector remains a key area of investment across Africa, driven by infrastructure gaps and growing urban development needs. Morocco, together with Ghana and Kenya, attracted medium-sized projects with notable impact, while countries like Egypt, South Africa, and Angola secured larger-scale investments. Although the total value of announced new Greenfield investment projects in Africa dropped to $113 billion in 2024 from $178 billion in 2023, North Africa was a notable exception. The region saw a 12% increase in project value, reaching $76 billion, accounting for two-thirds of the continent's total capital expenditures on new projects. The report also highlighted seven major energy transition deals in Africa worth around $17 billion. Egypt was a prominent destination, hosting four of these projects. These include green hydrogen initiatives in Egypt and Tunisia, large solar and wind projects in Namibia, and a Moroccan project focused on producing green ammonia and industrial fuel.


Ya Biladi
19 hours ago
- Ya Biladi
UIR and Ibn Tofail lead Moroccan universities in 2025 THE Impact Rankings
The International University of Rabat (UIR) has once again secured a leading position in the 2025 Times Higher Education (THE) Impact Rankings, which evaluate universities' contributions to the United Nations Sustainable Development Goals (SDGs). Tied with Ibn Tofail University, UIR ranks in the 401–600 global bracket, placing both institutions at the top of the list of Moroccan universities included in this year's edition, released on June 12. A total of 14 Moroccan universities were featured in the ranking. UIR earned particular distinction in SDG 17: Partnerships for the Goals and SDG 8: Decent Work and Economic Growth, along with strong scores in SDG 12: Responsible Consumption and Production and SDG 16: Peace, Justice and Strong Institutions. This performance reflects the sustained efforts of the UIR community and underlines the university's strategic vision in advancing the SDGs, improving its international standing, and pursuing global accreditation. Several other Moroccan universities were also featured in the 2025 edition of the THE Impact Rankings. The Euromed University of Fez was ranked in the 601–800 bracket. Abdelmalek Essaâdi University, Mohammed V University of Rabat, and Hassan II University of Casablanca were listed in the 801–1000 range. In the 1001–1500 bracket appeared Mohammed VI University of Health Sciences, Moulay Ismail University, and Sidi Mohamed Ben Abdellah University. Meanwhile, Universiapolis – Université Internationale d'Agadir, Chouaïb Doukkali University, Hassan I University, Sultan Moulay Slimane University, and Cadi Ayyad University of Marrakech were all placed in the 1501+ category.


Ya Biladi
19 hours ago
- Ya Biladi
Maroc Telecom replaces dual boards with single Board of Directors, retains Benchaaboun as CEO
Maroc Telecom's Board of Directors has approved a major change in the company's governance. The previous system, with two separate boards, a Supervisory Board and a Management Board, will be replaced by a single Board of Directors, the Moroccan telecommunications giant announced Thursday in a press release. All members of the former Supervisory Board have been retained as members of the new Board to ensure a smooth transition. The Board also confirmed Mohamed Benchaaboun as the company's Chief Executive Officer, a role he previously held. This new structure is intended to streamline decision-making as Maroc Telecom continues to grow and evolve, the company added.