LION E-Mobility AG

DGAP-News: LION E-Mobility AG: Highly modern battery factory at LION Smart's cooperation partner Kreisel Electric


DGAP-News: LION E-Mobility AG / Key word(s): Alliance/Strategic Company Decision
LION E-Mobility AG: Highly modern battery factory at LION Smart's cooperation
partner Kreisel Electric

09.05.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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Garching, Germany - May, 9th 2016- LION Smart's close cooperation partner
Kreisel Electric expands its production capacities by building a new
state-of-the-art battery factory at the Austrian city of Rainbach. The new
factory "3K one" will be equipped with a fully automatized production line which
will allow for a very economic and fast production of battery packs with a
capacity of 800.000 kilowatt hours per year.

The innovative Kreisel/LION Smart battery technology achieves a significantly
higher power- and capacity-density than its rival products. LION Smarts battery
management system in combination with Kreisel's fast charging technology will
result in strongly reduced charging times. The battery management system
monitors the charging process and gives recommendations concerning the available
loading capacity and state of charge of the battery. This technology leap will
lead to even more efficient and at the same time more cost efficient production
of battery packs.

We are particularly pleased about the tremendous expansion of production, which
will have a proportional impact on LION Smart's turnover of its battery
management systems. This is a further step towards the forecasted doubling of
turnover in the current fiscal year.

About LION Smart:

LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like lithium
batteries and integration into the specific vehicle concept LION Smarts
engineers have a very high level of expertise. LION Smart carries out its own
research program in the field of lithium-ion technology and has filed two
patents in the past twelve months.

About LION E-Mobility AG

LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly in the
field of electric energy storage as well as battery pack development and
management. The Company holds 100% of the German LION Smart GmbH, a development
and engineering company specialized on custom designed battery packs and
battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV
SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned
TÜV SUED AG. Members of the Board of Directors are: Mr. Daniel Quinger
(President of the Board), Mr. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and
Mr. Martin Specht. The Management of LION Smart GmbH consists of Mr. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery
Testing GmbH is Mr. Christian Theeck. For more information please visit our
homepage: www.lionemobility.com

Disclaimer

This presentation contains forward-looking statements that involve a number of
risks and uncertainties, including statements that relate to, among other
things, the Company's objectives, goals, strategies, intentions, plans, beliefs,
expectations and estimates, and can generally be identified by the use of words
such as "may", "will", "could", "should", "would", "likely", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the
negative thereof) and words and expressions of similar import. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, such statements involve risks and uncertainties, and
undue reliance should not be placed on such statements. Certain material factors
or assumptions are applied in making forward-looking statements, and actual
results may differ materially from those expressed or implied in such
statements. Important factors that could cause actual results to differ
materially from expectations include but are not limited to: general business
and economic conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal and
regulatory proceedings; the ability to adapt products and services to the
changing market; the ability to attract and retain key executives; and the
ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking statements
contained in this presentation, whether as a result of new information, future
events or otherwise, except as required by law.

Investor Relations Contact:
Mr. Walter Wimmer
Email: ir@lionemobility.de
http://www.lionemobility.de

LION E-Mobility AG
Poststrasse 6
6300 Zug

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09.05.2016  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English

Company:  LION E-Mobility AG

          Poststraße 6

          6300  Zug

          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:     CH0132594711, CH0132594711

WKN:      A1JG3H  , A1JG3H

Listed:   Regulated Unofficial Market in Hamburg, Munich; Open Market in
Frankfurt


End of News DGAP News Service
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