Camel shares announced on the evening of the 24th that 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, and the company will become the supplier of bmw group's 12V auxiliary lithium battery power supply system.
According to the announcement, according to the customer plan, the project has a cycle of 7 years, and is expected to achieve mass production in 2025, with an estimated sales of 3.4 million to 4.7 million sets of 12V auxiliary lithium battery power supply systems in the whole life cycle.
The reporter learned from the interview that Camel Group and BMW low-voltage team have started business cooperation since the end of 2019, and in August 2021, Camel Group completed the delivery task of 12V lithium battery B sample, and in December 2021, it officially obtained the project designation of BMW Group's strategic project - 12V auxiliary lithium battery system. According to the BMW Group's planning, in the future, the 12V lead-acid batteries supporting the Group's automobiles will be replaced by 12V auxiliary lithium battery systems or its derivative 12V lithium battery products.
Camel Group announced 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 the BMW Group, 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.
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