Camel shares were designated by BMW's 12V auxiliary lithium battery system

Shanghai Securities News China Securities Network News (reporter Qin Bi) Camel shares announced on January 24, the company's wholly-owned subsidiary Camel Group Battery Sales Co., Ltd. recently received a fixed point letter from the German BMW Automotive Group's 12V auxiliary lithium battery system project, the company will become a supplier of BMW Automotive Group 12V auxiliary lithium battery power supply system.

According to the fixed-point letter, according to the customer's planning, the project has a cycle of 7 years, and it is expected to achieve mass production in 2025, and it is estimated to sell 3.4-4.7 million sets of 12V auxiliary lithium power supply system within the whole life cycle.

The Shanghai Securities News reporter interviewed and learned that since December 2019, the Camel Group 12V lithium battery project team officially launched business exchanges with the BMW low-voltage team 12V lithium battery system, and after successfully completing the task of delivering the 12V start-stop lithium battery B sample in August 2021, it was finally officially awarded the BMW Group's strategic project: 12V auxiliary lithium battery system project point in December 2021. BMW executives said that in the future, there will be clear plans to replace all existing 12V lead-acid batteries with this product or its derivative 12V lithium battery products.

The announcement said that the automotive low-voltage lithium battery business is the company's strategic business. After several rounds of bidding, the company successfully obtained the mass production point of the German BMW 12V auxiliary lithium battery system project, which deepened the cooperation between the company and bmw in Germany, which is an important achievement of the company in the global high-end automobile market, which is conducive to further consolidating the company's market position in the field of automotive low-voltage batteries.