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05 Oct
12:38

NamX mulls hydrogen SUV manufacturing in Morocco

French-Moroccan automotive start-up NamX is reportedly looking for potential manufacturing sites in Morocco to produce its hydrogen utility vehicle (HUV). Chief executive and co-founder Faouzi Annajan told the FT he expects the future vehicle plant to demand at least €1 billion ($1.05 billion) in investment. Yet, an indication of potential locations is yet to be given. The HUVs, or hydrogen-powered SUVs, were first unveiled at last year’s Paris Motor …
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