Camel Energy Chooses Ann Arbor Region for R&D Headquarters, to Invest $4.6 Million and Create 41 Jobs

Ann Arbor SPARK and MEDC to Provide Support

ANN ARBOR, Mich.–(BUSINESS WIRE)–With support from Ann Arbor SPARK, the Michigan Economic Development
Corp. (MEDC), and Pittsfield Township, Camel Energy, a subsidiary of
Camel Group Battery Academy Co., LTD, is establishing its research and
development headquarters in the Ann Arbor region. The company will
invest $4.6 million and create 41 jobs at its new location in Pittsfield
Township. Camel Energy manufactures batteries for cars, electric
vehicles, agriculture, and other applications. The company has been
awarded a $300,000 Michigan Business Development Program
performance-based grant by the MEDC and will also receive support in
filling its new jobs from Ann Arbor SPARK.

“Camel Energy is excited to open its North American headquarters in the
Ann Arbor region,” said Zubo Zhang, president of Camel Energy. “As a
global leader in the design and development of battery technology for
application in the automotive industry, Camel Energy hopes to continue
its pursuit of new and innovative technologies from its North American
R&D center. Camel Energy wishes to thank Pittsfield Township, the
Michigan Economic Development Corporation and SPARK for their
collaboration and partnership in making this area such an attractive
place to do business and feel welcomed.”

Camel Energy will hire engineering and technical talent as it begins
operations in the Ann Arbor region.

“Attracting foreign investment to the Ann Arbor region is a way to
ensure our long-term economic prosperity,” said Paul Krutko, president
and CEO, Ann Arbor SPARK. “Ann Arbor has long been known as a place
where energy companies can innovate, from fuel cells to batteries to
alternative energy, and Camel Energy will build on that legacy. Camel
Energy choosing the Ann Arbor region is a signal to other energy
companies that there’s a depth of skilled talent here.”

Camel Energy chose the Ann Arbor region over competing sites in Texas
and California.

“Pittsfield Township is excited to welcome Camel Energy to our diverse,
vibrant business community,” said Mandy Grewal, Supervisor, Pittsfield
Charter Township. “We hope it is the beginning of a fruitful and
long-term partnership.”

About Ann Arbor SPARK

Ann Arbor SPARK, a non-profit organization, is advancing the region by
encouraging and supporting business acceleration, attraction and
retention. The organization identifies and meets the needs of business
at every stage, from start-ups to large organizations. Ann Arbor SPARK
collaborates with business, academic, government, and community investor
partners including the University of Michigan, Eastern Michigan
University, Washtenaw Community College, Washtenaw County, Livingston
County, the Ann Arbor/Ypsilanti SmartZone (LDFA),
Washtenaw County /Michigan Works!, the City of Ann Arbor, Bank of Ann
Arbor and the Michigan Economic Development Corporation. For more
information, please call (734) 761-9317 or visit www.AnnArborUSA.org.

Contacts

Ann Arbor SPARK
Jenn Cornell, 734-765-0174
[email protected]