LION Smart GmbH Continues Talks with Tier-1 Supplier
Zug (CH), Garching, April 26, 2021 – LION Smart GmbH, a 100% subsidiary of LION E-Mobility AG, continues to be in constructive discussions on further development of the LIGHT Battery with one of the world’s leading Tier 1 suppliers. LION Smart GmbH decided to release this information due to related inquiries from investors and will provide information after the conclusion of the talks with the Tier 1 supplier as soon as possible.
As announced in August 2020, LION Smart GmbH has been contracted by one of the world’s leading Tier-1 suppliers to further develop the LIGHT Battery as well as the system-relevant components for cooling, electrics and electronics (Battery Management System).
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.
Responsible for the content of the press release: Board of Directors of LION E-Mobility AG.
Thomas Hetmann | Board member | CEO of LION Smart GmbH
LION E-Mobility Investor Relations
Phone: +49 221 94991871 | Mobile: +49 151 58204309