China Invests $5.6 Billion in Gotion High-Tech Battery Factory in Morocco

China is investing $5.6 billion in Morocco to establish a major battery factory through Gotion High-Tech, aiming to dominate the global electric battery market. This investment is part of a broader strategy where China has spent over $120 billion since 2023 to secure control over critical minerals. Morocco serves as a strategic base for China to bypass Western trade barriers and enhance its market dominance, particularly in essential resources like lithium and cobalt.

Published Mar 23, 2026

China is investing $5.6 billion in Morocco to build a significant battery manufacturing facility through Gotion High-Tech. This investment aligns with China's strategy of securing critical minerals, with over $120 billion spent globally since 2023.

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The focus is now on local processing facilities rather than just mining, using Morocco as a strategic base to circumvent Western trade barriers. China has secured 90% of rare earth metal refining through 'minerals-for-infrastructure' deals.

Critics note the potential for high debt burdens on host countries and limited local economic impact due to reliance on Chinese materials and labor. The project underscores Morocco's role in China's plan for the global battery market.