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Blu EV Plans $100 Million Investment in Morocco for Electric Mobility Expansion.
Jul 08, 2025•11 months ago
Contract Type
partnership
MoroccoTransportationAutomotive
Description
Blu EV is set to invest $100 million in Morocco's electric mobility market as part of its strategy to expand across North Africa and the Middle East. The company focuses on converting gasoline motorcycles to electric and managing battery-swapping stations to promote eco-friendly two-wheeled transport.
Company Information
Company
Blu EV
Location
Morocco
About
Blu EV is an Egyptian electric mobility company that specializes in converting motorcycles from gasoline to electric power. Launched in 2023 and chaired by businessman Naguib Sawiris, it aims to provide affordable and eco-friendly transportation solutions. The company is focused on expanding across North Africa and the Middle East, while also operating in several Egyptian cities.
MoroccoTransportationAutomotive