LION E-Mobility AG: Linear Technology and LION Smart Demonstrate First Wireless Battery Management System in BMW i3 at Electronica Show

08 Nov 2016

DGAP-News: LION E-Mobility AG / Key word(s): Alliance/Miscellaneous

2016-11-08 / 09:45
The issuer is solely responsible for the content of this announcement.

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Zug, CH - November 8, 2016. Linear Technology together with design partner
LION Smart, a subsidiary of LION E-Mobility AG, are demonstrating the
industry's first wireless automotive battery management system (BMS)
concept car at the Electronica Show this week in Munich, Germany (Booth
524, Hall A4).
This wireless BMS concept car, developed by LION Smart GmbH, combines
Linear's highly accurate battery stack monitors with its SmartMesh wireless
mesh networking products and LION Smart's state-of-the-art Open Source BMS
in a BMW i3.
This demonstration of a fully wireless BMS car represents a significant
breakthrough that offers the potential for improved reliability, lower cost
and weight, and reduced wiring complexity for large multicell battery
stacks in electric and hybrid/electric vehicles.
In addition wireless connectivity enables more flexible placement of
battery modules. Wireless connectivity also enables more flexible placement
of battery modules, and makes possible the installation of sensors in
locations previously unsuitable for a wiring harness.
Erik Soule, Vice President, Signal Conditioning Products for Linear
Technology, stated, "New designs of electric and hybrid/electric vehicles
are increasing rapidly and all of the major automotive manufacturers are
searching for ways to improve the performance and reliability of their
battery management systems as they move into higher volume production. The
wireless BMS concept car, realized through the expertise of LION Smart's
BMS design, showcases our product vision."
Mr. Daniel Quinger, CEO of LION E-Mobility, stated, "One of our goals in
this ambitious project is to demonstrate the improvement in range and
charging time that can be achieved by using the latest technologies in
partnership with leading global players. Combining Kreisel Electric's laser
welded 18650 modules with direct liquid cooling and Linear Technology's
SmartMesh IP wireless mesh and the LTC6811 battery monitoring IC, together
with LION Smart's Open BMS, enabled  a unique battery system with record
braking charge time of just 15 minutes, an energy capacity of over 55kWh,
with a range of over 400km. This represents a truly remarkable
accomplishment."
The wireless BMS concept car, featuring the BMW i3, shows the promise of
wireless technology to significantly improve reliability and simplify the
design of automotive battery management systems. LION Smart is looking
forward to a bright future by continuing its outstanding partnership with
Linear Technology.

About Linear Technology 
Linear Technology Corporation, a member of the S&P 500, has been designing,
manufacturing and marketing a broad line of high performance analog
integrated circuits for major companies worldwide for over three decades.
The Company's products provide an essential bridge between our analog world
and the digital electronics in communications, networking, industrial,
automotive, computer, medical, instrumentation, consumer, and military and
aerospace systems. Linear Technology produces power management, data
conversion, signal conditioning, RF and interface ICs, µModule(R)
subsystems, and wireless sensor network products. For more information,
visit www.linear.com


About LION Smart:
LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like
lithium batteries and integration into the specific vehicle concept LION
Smarts engineers have a very high level of expertise. LION Smart carries
out its own research program in the field of lithium-ion technology and has
filed two patents in the past twelve months.
About LION E-Mobility AG

LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly
in the field of electric energy storage as well as battery pack development
and management. The Company holds 100% of the German LION Smart GmbH, a
development and engineering company specialized on custom designed battery
packs and battery-management-systems. LION Smart GmbH further holds a 30%
stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint
venture with the renowned TÜV SUED AG. Members of the Board of Directors
are: Mr. Daniel Quinger (President of the Board), Mr. Tobias Mayer, Mr.
Hany Magour, Dr. Isolde Semm and Mr. Martin Specht. The Management of LION
Smart GmbH consists of Mr. Tobias Mayer and Mr. Walter Wimmer. The Managing
Director of the TÜV SUED Battery Testing GmbH is Mr. Christian Theeck. For
more information please visit our homepage: www.lionemobility.com

Disclaimer
This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as "may", "will", "could", "should", "would",
"likely", "expect", "intend", "estimate", "anticipate", "believe", "plan",
"objective" and "continue" (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors or assumptions
are applied in making forward-looking statements, and actual results may
differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from
expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal
and regulatory proceedings; the ability to adapt products and services to
the changing market; the ability to attract and retain key executives; and
the ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking
statements contained in this presentation, whether as a result of new
information, future events or otherwise, except as required by law.

Investor Relations Contact:
Mr. Walter Wimmer
Telefone: +49 (0)89 74567993

Email: ir@lionemobility.de
http://www.lionemobility.de

LION E-Mobility AG
Poststrasse 14
6300 Zug
Switzerland


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2016-11-08 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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   Language:    English                                                     
   Company:     LION E-Mobility AG                                          
                Poststraße 6                                                
                6300 Zug                                                    
                Switzerland                                                 
   Phone:       +41 (0)41 500 54 11                                         
   Fax:         +41 (0)41 500 54 12                                         
   E-mail:      info@lionemobility.de                                       
   Internet:    www.lionemobility.com                                       
   ISIN:        CH0132594711, CH0132594711                                  
   WKN:         A1JG3H , A1JG3H                                             
   Listed:      Regulated Unofficial Market in Hamburg, Munich (m:access);  
                Open Market in Frankfurt                                    
 
   
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