EQS-News: LION Smart Production GmbH ready to start making packs at its own facility in Hildburghausen
EQS-News: LION E-Mobility AG
/ Key word(s): Miscellaneous
LION Smart Production GmbH ready to start making packs at its own facility in Hildburghausen
01.03.2023 / 16:58 CET/CEST
The issuer is solely responsible for the content of this announcement.
LION Smart Production GmbH ready to start making packs at its own facility in Hildburghausen
Baar (Switzerland), March 01, 2023 – LION Smart Production GmbH, a wholly owned subsidiary of LION E-Mobility AG for the production of electrical energy storage systems and lithium-ion battery system technology, is ready to start the production of battery packs in its own facility in Hildburghausen.
As previously announced the company is on schedule to start ramping up the production facility. All machines and equipment are up and running. The company will now ramp up production during March. The first batteries will start being shipped to customers in April. Until then customers will continue to be supplied out of inventory. LION Smart Production GmbH will inform immediately about further development in Hildburghausen.
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., LION Smart 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
Phone: +49 (0) 173.70 25 315
E-mail: frank.schoenrock@lionemobility.com | ir@lionemobility.com | www.lionemobility.com
Arne Siegner
Phone: +41 (0) 41 500 54 11
E-mail: ir@lionemobility.com | www.lionemobility.com
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01.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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1572431 01.03.2023 CET/CEST