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LG Energy Solution discusses battery production with Chinese suppliers for the EU

Teslarati

He added that the South Korean company is considering three locations, Morocco, Finland, and Indonesia, to produce LFP Cathodes with Chinese material suppliers for the EU market. Currently, many automakers are experiencing a slowing demand for electric vehicles due to high prices.

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. Many of our supplier partners understand that to overcome the challenges of vehicle affordability, they must operate with the same level of commitment to reduce their costs," Stellantis told Crain's.

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Mercedes-Benz introduces its mid-size pickup truck: the X-Class leans on diesel

Green Car Congress

This affords Mercedes-Benz fast and cost-efficient entrance to the high-growth segment of mid-size pickups. Due to very specific market requirements, for example in Dubai and Morocco, the 122 kW/165 hp X 200 gasoline model is only available as a left-hand drive vehicle with rear wheel drive.

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Travel 2025: ‘Friend-Finding Tours,’ Private Islands and a Mixed Bag of Prices

Baua Electric

Credit… Miriam Martincic This year, travelers of means will be checking into remote new lodges and upscale all-inclusive resorts, and demanding reasonable prices, relatively speaking. On the pricing front, several newcomers are adopting a model usually associated with bargain beach vacations the all-inclusive minus the bargain.

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LG Energy Solution eyes site in Morocco for EU supply chain

Teslarati

LG Energy Solution (LGES) is eyeing a site in Morocco for a battery production plant. The South Korean battery supplier plans to produce batteries in Morocco and export them to Europe. “Morocco is a key candidate for this expansion due to its strategic location and growing industrial capabilities,” said Wonjoon Suh.

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UNEP: export of used cars to developing world creating significant environmental problems

Green Car Congress

However, it also shows that where countries have implemented measures to govern the import of used vehicles—notably age and emissions standards —these give them access to high-quality used vehicles, including hybrid and electric cars, at affordable prices.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

As a result, cars made in China outsold cars made in Italy, Korea, Morocco, and Romania, while also closing the gap between cars made in Turkey and the UK. Despite the strides they have made in regard to performance and affordability, increasing awareness and shifting longstanding perceptions will take time.” in February last year.

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