Ad-hoc | 12 May 2022 20:15

LION Smart Production GmbH and BMW AG signed agreement to acquire product and production license

LION E-Mobility AG / Key word(s): Agreement
LION Smart Production GmbH and BMW AG signed agreement to acquire product and production license

12-May-2022 / 20:15 CET/CEST
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LION Smart Production GmbH and BMW AG signed agreement to acquire product and production license

Baar (CH), May 12, 2022 – Ad-hoc: LION Smart Production GmbH, a wholly owned subsidiary of LION E-Mobility AG for the production of electrical energy storage and lithium-ion battery system technology, confirms that the company and BMW both signed the agreement for the acquisition of a product and production license in the field of high-voltage battery systems.

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. The company holds 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 successful joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc. and 100% of the German LION Smart Production GmbH.

www.lionemobility.com

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

LION Smart Production GmbH

Winfried Buss

Managing Director

LION E-Mobility Investor Relations

Frank Schönrock (Weber Shandwick)

Phone: +49 (0) 1737025315

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

Arne Siegner
Phone: +41 (0) 41 500 54 11
E-Mail: ir@lionemobility.com | www.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.

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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:	1351527

End of Announcement DGAP News Service