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The declaration is not legally binding and is focused on a global level. All governments should also support the transition of these light vehicles to zero emission vehicles; Kenya; Secretariat of Economy, Mexico; Morocco; Paraguay; Rwanda; Turkey; Uruguay. Unilever; Vattenfall; Zenith; Zurich.
With a functioning AfCFTA, the DRC can receive other upstream mineral inputs needed for lithium-ion batteries—such as manganese from, say, South Africa and Madagascar, copper from Zambia, graphite from Mozambique and Tanzania, phosphate from Morocco, and lithium from Zimbabwe, to name but a few.
However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. Investors, in particular European ones, are becoming increasingly sensitive to social aspects of corporates [sic],” Charles Pinel, CEO of Proxinvest, told Bloomberg in a recent interview.
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