China Camel Group Invests 3 Million in GreyP

GreyP, a subsidiary of the Croatian car group Rimac, will receive € 3 million in funding from the Chinese Camel group.

The funding for GreyP, a brand specializing in high-performance electric two-wheelers, is part of the Chinese group's extensive investment program under the Croatian manufacturer Rimac. Camel, billed as one of the largest battery manufacturers in Asia, has invested a total of $ 30 million in the Croatian group.

If the funds allocated for Rimac are to be used to build a new production site and develop a new electric supercar expected next year, the press release does not specify the purpose of the funds invested in GreyP. To be continued …