LION E-Mobility AG Subsidiary LION Smart Announces Production Partnership


The Swiss Holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) announces that its German subsidiary LION Smart GmbH has entered a close cooperation with Kreisel Electric GmbH, one of the big names in the industry that has lately been awarded the prestigious “Handelsblatt Energy Award 2015”. The combination of Kreisel’s revolutionary welding and production technology with LION Smart’s innovative and modular battery management system with create synergy effects which will lead to a strong increase of profitability and sustainability of electric storage systems and thus strengthen market positions in product and service industries of both companies.