China Camel Group to invest USD 150 million on battery plant in Malaysia

Reported on March 21, 2019, Camel Group Co. Ltd, the largest batteries supplier for Chinese carmaker Geely Automobile Holdings Ltd, has set aside USD 150 million (MYR 609 million) for its Malaysian operation, Camel Power (M) Sdn Bhd.
The first Camel Power’s battery manufacturing plant in SEAS, located in Kuantan, Pah....

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