LION Smart Production GmbH and BMW AG signed agreement to acquire product and production license
Baar (CH), May 12, 2022 – Ad-hoc: LION Smart Production GmbH, a wholly owned subsidiary of LION E-Mobility AG for the production of electrical energy storage and lithium-ion battery system technology, confirms that the company and BMW both signed the agreement for the acquisition of a product and production license in the field of high-voltage battery systems.
About LION E-Mobility AG:
LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, especially in the field of electrical energy storage and lithium-ion battery system technology. The company holds 100% of the German LION Smart GmbH, a developer of battery packs and battery management systems. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a successful joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc. and 100% of the German LION Smart Production GmbH.
Responsible for the press release: Board of Directors LION E-Mobility AG
LION Smart Production GmbH
LION E-Mobility Investor Relations
Frank Schönrock (Weber Shandwick)
Phone: +49 (0) 1737025315
Phone: +41 (0) 41 500 54 11
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