If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

Camel Group

Camel invests in Croatian battery tech start-up Rimac

Mon, 10/02/2017 - 13:57 -- News Editor
Camel invests in Croatian battery tech start-up Rimac

Chinese battery maker the Camel Group is investing EUR30 million ($35.3m) in Croatian electric vehicle technology firm Rimac Automobil.

Zagreb-based Rimac, whose products include battery packs and battery management systems for the automotive, nautical and bicycle markets, said the deal represented the “single largest foreign direct investment in a Croatian technology company”.

 

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

China’s Camel to join Nissan battery buyout deal

Mon, 09/11/2017 - 11:38 -- Xuan Zhong
China’s Camel to join Nissan battery buyout deal

Camel Group has become the latest Chinese battery maker set to invest in the takeover of Nissan’s battery business led by private equity firm GSR Capital Advisors.

The announcement came after Zhejiang Unifull Industrial Fibre said it too would invest as a partner in the buyout deal.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

China’s Camel expands lead recycling business

Tue, 07/11/2017 - 09:21 -- News Editor
China’s Camel expands lead recycling business

Camel Group Co., Ltd., a China-based lead-acid battery manufacturer, has announced plans to invest CNY35 million ($5.2 million) to form a waste battery recycling joint venture (JV) business with a domestic investor.

Camel has signed a cooperation and investment agreement for the JV with Lei Jia, an investor from China’s Anhui Province, who will invest CNY15 million ($2.2 million) in the project. The new business, tentatively named Camel Group Anhui Renewable Resources Co., Ltd., would have a total registered capital of CNY50 million ($7.4 million).

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.
Subscribe to Camel Group