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Renault, Schneider, M2M team up to make first 100% “made in Morocco” electric car

Wednesday, 21 September 2016 19:55

(Ecofin Agency) - A Consortium composed of Renault-Nissan, Schneider Electric, Moroccan M2M and State-backed firm ADEREE (National Agency for the Development of Renewable Energy and Energetic Efficiency) has initiated in the framework of the COP22, a project which aims to conceive the first “made in Morocco” electric car. The four entities are deploying all efforts to unveil the major lines of the project on Sept 22, 2016.

The first demonstration of the electric car will take place at the COP22 which will be held in Marrakech from November 7 to November 18 this year, website UsineNouvelle reports.

Electric cars which will carry the participants during the event are Twizy, Kangoo, Zoé, Leaf or Evalia.

The consortium wants 10% of car park is composed of electric cars by 2030.

However, the main roadblock to achieving this goal is the relatively high cost of the cars. They are indeed not affordable to all. To overcome this handicap, the State plans to implement various tax policies such as reducing VAT and vignettes.

Alain Okpeitcha





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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