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Ford America invests US$108M in Chinese BTR factory in Tangier
Ford, the American car company, has moved to strengthen its ties with the electric vehicle battery industry in Morocco. It has invested $108 million as an advance payment for the anode factory operated by the Chinese BTR Group in Tangier. This is part of a contract valued at a total of up to $120 million for the supply of artificial graphite used in electric vehicle batteries. This payment accounts for 90% of the total amount until June 2026 and demonstrates the project's progress before full-scale production begins. This eases cash flow pressures on the factory and secures a share of the primary material's production. It reflects a global trend among major companies to secure battery components through long-term contracts. This is an important step in positioning Morocco as a hub for the manufacturing of electric vehicle battery components within international supply chains.
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