Zug, 04 February 2021 – Ad-hoc: LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG and developer of electrical energy storage and lithium-ion battery system technology, has received a development order for battery integration. The client is a US-based leading global component manufacturer for the commercial vehicle industry; the name of the customer was not disclosed.
Zug, 20 January 2021 – LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG, developer of electrical energy storage systems and lithium-ion battery system technology based in Garching, Germany, has received an order with a total volume of EUR 26 million from its Canadian customer for the supply of battery storage systems. Together with other expected orders that are still being negotiated, LION Smart is expecting a positive financial year. These figures will largely be reflected in a similar way in the relevant key figures of LION E-Mobility AG.
Baar (CH), October 29, 2020 – LION E-Mobility AG, a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has implemented a capital increase from authorized capital as of October 29, 2020. The unanimous resolution of the Board of Directors was based on the authorization granted by the extraordinary general meeting dated June 27, 2019, and with reference to art. 3a of the articles of association regarding the authorized share capital.
LION Smart GmbH, a 100% subsidiary of LION E-Mobility AG, has been commissioned by one of the world’s leading Tier 1 suppliers to further develop the LIGHT Battery and the system-relevant components for cooling, electrics and electronics (battery management system). The development contract has a volume of several million Euro.
Canadian customer increased its demand of battery packs to be delivered from 8.5 million euros to almost 10 million euros in 2020. Furthermore, LION E-Mobility through its subsidiary LION Smart GmbH, is negotiating with the customer about a further increase in quantities for 2020 and beyond. The increased orders will strengthen the positive business trend in the current fiscal year.
Baar (CH), March 9, 2020 – LION E-Mobility AG (“LION”), a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has appointed another CEO of the operating subsidiary LION Smart GmbH (“LION Smart”).
BAAR Switzerland Milan Italy – LION E-Mobility AG (LION) and Sogefi (SOGEFI) are pleased to announce they have entered into an agreement, combining LION’s technology in Battery Management Systems and Module design with SOGEFI’s industrial capability in engineering and manufacturing of high tech automotive cooling components, as well as access to SOGEFI’s global sales and distribution capabilities.