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DGAP-News: LION E-Mobility AG: Join Venture 'TÜV SÜD Battery Testing GmbH' receives grant in highly remunerated EU funding project


DGAP-News: LION E-Mobility AG / Key word(s): Incoming Orders/Joint Venture
LION E-Mobility AG: Join Venture 'TÜV SÜD Battery Testing GmbH' receives grant
in highly remunerated EU funding project

08.06.2016 / 14:34
The issuer is solely responsible for the content of this announcement.

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Garching, Germany - June, 08th 2016 - LION E-Mobility AG is proud to announce
that its German joint venture "TUEV SUED Battery Testing GmbH" together with its
consortium partners have now also received the final grant of the EU funding
project "Horizon 2020 - Green Vehicles". The joint project called EVERLASTING
("Electric Vehicle Enhanced Range, Lifetime and Safety Through INGenious battery
management") has been granted 8.2 Mio. EUR in total with 686 TEUR been allocated
to TUEV SUED Battery Testing GmbH. The grant sum is available for retrieval
during the project duration of 48 months.

More information about the EVERLASTING project:

http://ec.europa.eu/research/participants/portal4/desktop/en/opportunities
/h2020/topics/1201-gv-8-2015.html

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08.06.2016  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.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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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470161  08.06.2016 

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