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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”.

 

 

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