LION E-MOBILITY AG
DGAP-News: LION E-Mobility AG
/ Key word(s): Research Update/Sustainability
PRESS RELEASE LION Smart GmbH informs about project progress with Tier-1 Supplier Baar (CH), Garching, June 16, 2021 - LION Smart GmbH, a wholly-owned subsidiary of the LION E-Mobility AG, informs: As part of a joint development project with one of the world's leading Tier-1 supplier, LION has completed all agreed development tasks. The final test series on the LIGHT Battery and its subsystems, including climatic tests, has fully met the expectation of all parties involved. As part of the LIGHT Battery development project with the Tier-1 supplier, various module constellations have been delivered in the first quarter of 2021, in total 80 modules. All modules delivered were manufactured and tested, as part of a small series production, in Garching. The supplied modules and batteries were integrated into test vehicles and meet the expectations of both companies so that the development contract and the project could be completed and successfully handed over. The capacity of the supplied battery modules is approximately 85 kWh and powers two integrated electric motors, each with an output of 200 kW. During the successful project implementation, the Tier 1 supplier ordered additional systems and development support in the area of Battery Management Systems (BMS).
Both companies are in constructive talks about further cooperation, LION will inform about the results in due course. 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. www.lionemobility.com Responsible for the press release: BoD LION E- Mobility AG
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.
16.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | LION E-Mobility AG |
| Lindenstraße 16 | |
| 6340 Baar | |
| 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: | CH0560888270 |
| WKN: | A2QH97 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Tradegate Exchange |
| EQS News ID: | 1208411 |
| End of News | DGAP News Service |
1208411 16.06.2021
