EQS-News

LION E-Mobility AG presents product roadmap and mid-term sales targets at virtual Capital Markets Day

EQS-News: LION E-Mobility AG / Key word(s): Capital Markets Day LION E-Mobility AG presents product roadmap and mid-term sales targets at virtual Capital Markets Day 26.04.2024 / 08:59 CET/CEST The issuer is solely responsible for the content of this announcement. LION E-Mobility AG presents product roadmap and mid-term sales targets at virtual Capital Markets Day

Zug (Switzerland), 26 April 2024 – LION E-Mobility AG (LION; ISIN: CH0560888270), a leading battery pack manufacturer specializing in e-mobility and energy storage solutions, hosted its Capital Markets Day yesterday, spotlighting the dynamic evolution of the company, LION’s innovative battery pack solutions and the market opportunities affirming the company's ambitious growth trajectory.

Dr. Joachim Damasky, CEO of LION: “Our Capital Markets Day highlighted LION's commitment to advancing battery technology through immersion cooling. With its skilled team, LION is poised to revolutionize sustainable energy solutions and realize significant growth in the mid to long term.”

Evolution of LION
LION has evolved from a battery consulting and testing entity to a premier battery pack integrator and manufacturer. With a cutting-edge production facility meeting automotive standards and an annual capacity of around 45,000 packs, the company has established itself as a trusted supplier regarding safety, quality, and reliability.

LION's value proposition
LION offers a comprehensive range of battery solutions, covering design, engineering, production, and after-sales support. Operating a fully automated production facility compliant with automotive standards, the company ensures excellence in quality and efficiency.

Market and customers
LION’s batteries packs are gaining momentum, especially in Europe's electric city bus markets and North America's electric truck markets. With electric city bus registrations expected to exceed 40% market share in 2023, LION is strategically poised to capitalize on the growing demand for CO2-neutral public transport and decreasing battery costs.