Statement regarding negotiations to acquire technology and production licenses
04.10.2021
Garching near Munich, 04 October 2021 – LION Smart GmbH, a wholly-owned subsidiary of LION E-Mobility AG, confirms that negotiations to acquire technology and production licenses from BMW AG in the field of high-voltage battery systems, aiming to start its own series production of battery systems are still ongoing. The company is still in constructive talks with the manufacturer.
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. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc.
Responsible for the press release: BoD LION E-Mobility AG
Contact LION Smart GmbH
Thomas Hetmann
Managing Director
LION E-Mobility Investor Relations
Frank Schönrock (WeberShandwick)
Telefon: +49 (0) 1737025315
E-Mail: ir@lionemobility.com
Arne Siegner
Telefon: +41 (0) 41 500 54 11
E-Mail: ir@lionemobility.com
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.
