LION Smart receives major contract to supply battery packs for 2022
17.11.2021
Baar, 17 November 2021 – Ad Hoc: 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 secured a major order for the supply of battery packs from one of its larger Canadian customers.
The sales volume of this order was agreed for 2022 and amounts to around €48.4 million.
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, particularly in the field of electrical energy storage and lithium-ion battery system technology. The company owns 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 joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc.
Responsible for the press release: Board of Directors LION E-Mobility AG
LION E-Mobility Investor Relations
Frank Schönrock (WeberShandwick)
Phone: +49 (0) 1737025315
E-Mail: ir@lionemobility.com
Arne Siegner
Phone: +41 (0) 41 500 54 11
E-Mail: ir@lionemobility.com
Disclaimer:
Statements that express or contain forecasts, expectations, views, plans, goals and assumptions regarding future events or performance are not considered historical facts and may therefore be forward-looking statements. Forward-looking statements are based on the expectations, estimates and plans at the time the statements were made, and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated become. LION E-Mobility AG is under no obligation to update the forward-looking statements in this press release.
