LION Smart receives development order for Battery integration

04.02.2021

Zug, 04 February 2021 – Ad-hoc: LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG and developer of electrical energy storage and lithium-ion battery system technology, has received a development order for battery integration. The client is a US-based leading global component manufacturer for the commercial vehicle industry; the name of the customer was not disclosed.

Battery pack integration with safe and reliable 400V application

The contract covers engineering and integration services in the areas of mechanical and electrical customization, software and the integration of battery packs into the customer’s applications. The proven, safe and reliable 400V application based on BMW-i3 batteries will be used. The battery packs and associated components of the 400V application will be designed to be configurable in terms of energy capacity for different application scenarios and vehicle types.

The order has a volume in the mid six-figure euro range and is scheduled for completion in Q2/2021. After successful completion of the development order, both parties will discuss further cooperation, which include the supply of battery.

“When using customized battery systems in the heavy-duty sector, reliability and robustness are what count most,” says Thomas Hetmann, CEO of LION Smart. “We now have extensive experience in similar development projects and are very pleased with this order. These development orders with the option for a later series business are proof of the scalability of our business unit.

Responsible for the content of the press release: Board of Directors of LION E-Mobility AG.

Contact

Thomas Hetmann | Managing Director | Board Member

LION E-Mobility Investor Relations

Sebastian Duering

Phone: +49 221 94991871 | Mobile: +49 151 58204309

E-Mail: ir@lionemobility.com | www.lionemobility.com