Camel Group

Camel Group is a Chinese automotive battery manufacturing and recycling company headquartered in Xiangyang, Hubei. The company is publicly traded on the Shanghai Stock Exchange under ticker 601311 and is associated with the production of batteries used in vehicles as well as battery-recycling activities. Its business is positioned within the automotive component and energy-storage supply chain rather than as a consumer-facing vehicle brand. The company’s core activities cover the manufacture of automotive batteries and the recovery and recycling of used batteries. This combination gives Camel Group a role across multiple stages of the battery lifecycle: supplying batteries for vehicles, collecting or processing spent units, and recovering materials through recycling operations. The available reference material describes it as one of the larger car-battery manufacturers internationally, although no current production, revenue, market-share, or capacity figures are supplied here. Camel Group has also pursued projects connected with electric-vehicle propulsion technology. In 2017, it invested €30 million through IJNR Investments Inc. in Rimac Automobili, the Croatian electric sports-car and propulsion-technology company. The two businesses subsequently pursued the construction of a Xiangyang factory intended to support electric-vehicle propulsion systems. The joint venture associated with that project ended in 2024, marking a change in Camel Group’s relationship with Rimac and in that particular electric-mobility initiative. The company has also faced international regulatory and reputational scrutiny. On August 1, 2023, the United States Department of Homeland Security announced that goods produced by Camel would be restricted from entering the United States under the Uyghur Forced Labor Prevention Act. The announcement cited alleged participation in business practices that targeted members of persecuted groups, including Uyghur minorities. The available material does not provide a final judicial finding, a quantified commercial impact, or a subsequent resolution. Because the supplied sources contain limited corporate history, information about the company’s founding, founders, leadership, detailed subsidiaries, product names, and current geographic sales footprint remains incomplete. Camel Group is best characterized on the available evidence as a publicly listed Chinese automotive-battery and recycling group with an industrial rather than lifestyle-oriented brand identity.

Camel Group is a Chinese industrial company focused on automotive batteries and battery recycling. It is headquartered in Xiangyang in Hubei province and is listed on the Shanghai Stock Exchange as 601311. The available reference material does not establish a founding year, founder, or a complete chronology of the company’s early development, so those details are not stated here. The company’s principal industrial role is the manufacture of batteries for automotive applications. Its recycling activities extend the business beyond the sale of new batteries and place it within a circular battery-supply model involving the treatment of used batteries and recovery of materials. The reference material describes Camel Group as one of the larger car-battery manufacturers in the world, but does not provide a dated ranking, production volume, sales figure, or specific market-share measurement. A significant strategic development came in 2017, when Camel Group invested €30 million through IJNR Investments Inc. in Rimac Automobili, a Croatian company known for electric sports cars and electric propulsion technology. The investment connected Camel Group with the emerging electric-vehicle technology sector. The two companies also pursued the construction of a factory in Xiangyang intended to develop or produce propulsion systems for electric vehicles. This initiative represented an expansion from conventional automotive batteries toward electric-mobility systems and related industrial technology. The Rimac-related joint venture was ended in 2024. The available sources do not explain the precise legal, financial, or operational terms of the termination, nor do they state whether the proposed factory reached commercial production before the venture ended. Camel Group later became the subject of U.S. supply-chain enforcement action. On August 1, 2023, the United States Department of Homeland Security announced that goods produced by Camel would be restricted from entering the United States under the Uyghur Forced Labor Prevention Act. The agency cited alleged participation in business practices targeting members of persecuted groups, including Uyghur minorities. This action created a significant regulatory and reputational issue for the company’s international trade. The supplied material does not provide a subsequent court ruling, a company response, or a quantified effect on sales. On the evidence available, Camel Group remains an active, publicly traded Chinese automotive-battery and recycling company. Its history combines a core position in vehicle batteries and recycling with an attempt to participate in electric-vehicle propulsion technology through its Rimac relationship. Further research would be needed to document its founding, operating subsidiaries, leadership, detailed product portfolio, manufacturing footprint, and developments after the 2023 U.S. action.

1. 2024Rimac joint venture ends

   The joint venture associated with Camel Group and Rimac’s proposed Xiangyang electric-vehicle propulsion factory ended.

   Source
2. 2023U.S. import restrictions announced

   The U.S. Department of Homeland Security announced that goods produced by Camel would be restricted under the Uyghur Forced Labor Prevention Act.

   Source
3. 2017Investment in Rimac Automobili

   Camel Group invested €30 million through IJNR Investments Inc. in Croatian electric-vehicle technology company Rimac Automobili and pursued a related Xiangyang propulsion-system factory project.

   Source

An industrial automotive-battery and recycling group serving vehicle manufacturers, aftermarket customers, and related electric-mobility supply chains.

• Automotive batteriesAutomotive batteries

  Camel Group’s central product area is the manufacture of batteries for automotive applications. These products serve the vehicle power and starting-battery supply chain. The available sources identify automotive batteries as a core business but do not provide a complete catalogue of chemistries, specifications, named product families, or vehicle-platform customers.

• Battery recyclingRecycling and materials recovery

  The group also operates in battery recycling, processing used batteries and recovering materials within the battery lifecycle. This activity complements new-battery manufacturing and supports an industrial circular-economy model. Specific facilities, recovered materials, processing volumes, and service brands are not identified in the supplied references.

• Electric-vehicle propulsion systemsElectric-mobility technology2017

  Through its 2017 relationship with Rimac Automobili, Camel Group pursued a Xiangyang factory project related to propulsion systems for electric vehicles. The initiative represented a move toward electric-mobility systems beyond conventional automotive batteries. The associated joint venture ended in 2024, and the sources do not establish a continuing commercial product line under this heading.

• 2024Termination of Rimac joint ventureM&A

  Camel Group and Rimac had pursued a joint factory project in Xiangyang for electric-vehicle propulsion systems.

  What changed. The joint venture was ended.

  Aftermath. The sources do not provide the termination terms, reasons, or operational consequences.

  Source
• 2017Investment and propulsion-system partnership with RimacM&A

  Camel Group sought exposure to electric-vehicle propulsion technology and invested in Croatian company Rimac Automobili.

  What changed. The group invested €30 million through IJNR Investments Inc. and pursued a joint Xiangyang factory project for electric-vehicle propulsion systems.

  Aftermath. The associated joint venture ended in 2024. The available material does not state the project’s production outcome or the financial result of the investment.

  Investment amount. €30 million investment announced (2017)

  Source

• 2023U.S. forced-labor import restrictionsControversy

  On August 1, 2023, the U.S. Department of Homeland Security announced restrictions on goods produced by Camel under the Uyghur Forced Labor Prevention Act. The announcement alleged that the company participated in business practices targeting persecuted groups, including Uyghur minorities. The available sources do not establish a final court determination or later resolution.

  Source

• 2024Camel Group and Rimac end their joint venture

  The joint venture connected with Camel Group’s Rimac partnership and proposed Xiangyang electric-vehicle propulsion factory ended in 2024.

  M&A
  Source
• 2017Camel Group invests in Rimac Automobili and pursues Xiangyang propulsion factory

  Camel Group invested €30 million through IJNR Investments Inc. in Croatian electric-sports-car and propulsion-technology company Rimac Automobili. The companies also pursued a Xiangyang factory project for electric-vehicle propulsion systems.

  M&A
  Source

1. Camel Group
2. DHS Announces Addition of Two PRC Companies to Uyghur Forced Labor Prevention Act Entity List