LION E-Mobility plans to cooperate with Hörmann Automotive within industrialization of the LIGHT Battery

19.09.2018

LION E-Mobility AG is pleased to announce that its 100% subsidiary LION Smart GmbH and Hörmann Automotive GmbH plan to cooperate in the field of industrialization of the LIGHT Battery.

After the proof of concept of the LIGHT Battery in a BMW i3, LION E-Mobility AG is now entering the next phase of the company’s development. The LIGHT Battery will be presented to the general public for the first time on 1st October 2018 at the CM-Equity Investment Conference.

Hörmann Automotive GmbH is interested together with LION Smart GmbH to industrialize the LIGHT Battery for a fully automated assembly production. One goal is to supply the first series customers with LIGHT Battery packs by a jointly designed and developed production line. Another one is to offer the production line to interested manufacturers. A first joint appearance will take place for this year’s IAA Commercial Vehicles Fair in Hanover.

“In order to offer the LIGHT Battery to a broad customer base with a short lead time, it is important to manufacture automated in large quantities and to provide the necessary production lines.
With Hörmann Automotive we have a first strong, non-exclusive partner who provides the required assembly and logistics expertise. Together we are now in a position to ensure the future market penetration of the LIGHT Battery and build a strong partner network”, explains Tobias Mayer, CEO of LION E-Mobility AG.

Event information:

IAA Commercial Vehicles Fair: 20.09. – 27.09.2018
Hanover
Hall 11, Booth C15
www.iaa.de/en

CM-Equity Investment Conference, 01.10.2018, 
Hotel Four Seasons Kempinski, Maximilianstraße 17, 80539 München
Registration required at: https://www.cm-equity.de/capital-markets-services/investment-conference/