December 9, 2020 – LION Smart GmbH, 100 % subsidiary of LION E-Mobility AG, today published its quarterly figures as of September 30, 2020. The business of the innovative supplier of lithium-ion battery systems and integrative battery solutions has continued to develop positively during the first three quarters of 2020. In addition to a significant increase in sales revenues and a broadening of the customer base, the further development of the Light Battery with a tier 1 supplier has had a significant impact on the past quarters.

Garching near Munich – LION Smart GmbH continues to grow and plans to move to larger premises near its current location in the first quarter of 2021. On 500sqm, this will create twice as much working space, while production will continue to operate at the current site.

29.10.2020
Baar (CH), October 29, 2020 – LION E-Mobility AG, a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has implemented a capital increase from authorized capital as of October 29, 2020. The unanimous resolution of the Board of Directors was based on the authorization granted by the extraordinary general meeting dated June 27, 2019, and with reference to art. 3a of the articles of association regarding the authorized share capital.

23.10.2020

LION Smart has been working on a cooperation project for some time, supported by the funding of the project Clean Sky 2 Joint Undertaking and the European Unions’ Horizon 2020, in cooperation with TWT GmbH and Dassault Aviation and support by Hon. Prof. Paul H. Riley as well as Dr. Obrad Dordevic. The aim of the project is to achieve a significant reduction in carbon dioxide emissions in the aerospace industry by electric drive.

On 25 September 2020, Thomas Hetmann, CFO of LION E-Mobility AG and Managing Director of LION Smart GmbH, was invited to speak at the Baader Bank capital market conference, to introduce the company and to answer investors’ questions.