LION E-Mobility AG subsidiary LION Smart moves into new premises


Garching, Germany – November 30th, 2015 – The Swiss Holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) announces that its German subsidiary Smart GmbH will move into new premises by January 2016. Continued growth in headcount along with rising orders make this step necessary. The new head quarter is located in Garching near Munich which provides very good transport links. It is completely renovated and provides 600 square meters of office, laboratory and project space. While research, development and construction of battery systems will take place in the office and project spaces, the soft- and hardware development of electronic components, such as battery management systems, will be carried out at the newly equipped electronics laboratory. Furthermore the shop floor underwent a major upgrade and was equipped for the assembly of  high-voltage energy storage systems and their commissioning in mobile and stationary applications. The new work shop will also facilitate the integration of complete high-voltage systems in electric vehicles. Those new capacities create ideal conditions for the continuation of LION Smarts dynamic growth.