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
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...