DGAP-News: LION E-Mobility AG: LION E-Mobility presents innovative battery management system in the concept car Wireless BMW i3 at electronica 2018

Nachricht vom 12.11.2018 (www.4investors.de) -

DGAP-News: LION E-Mobility AG / Key word(s): Miscellaneous

LION E-Mobility AG: LION E-Mobility presents innovative battery management system in the concept car Wireless BMW i3 at electronica 2018
12.11.2018 / 15:35

The issuer is solely responsible for the content of this announcement.
LION E-Mobility in hall C4, booth 111 (ADI booth)Baar, 12. November 2018 - LION Smart GmbH, a developer of electric energy storage devices and lithium-ion battery system technologies, is presenting the current status of its battery management system based on wireless technology at the world's leading trade fair electronica in Munich (November 13-16, 2018).  
The battery management system is the heart of every battery. It constantly monitors the state of charge with maximum accuracy and protects against overheating. In contrast to other systems, the wireless battery management system presented by LION does not use a bus cable. This wireless technology simplifies the development of battery management systems for electric vehicles and increases their reliability.
The concept car demonstrates that the wireless battery management system can significantly reduce both the weight and the cost of e-vehicles. In addition, thanks to wireless technology, automobile manufacturers can position battery modules more flexibly, which simplifies the installation of additional sensors.
LION has more than ten years of experience in developing battery management systems and works closely with Analog Devices, an established semiconductor manufacturer.
As the world's leading trade fair and conference for electronic components, systems and applications, electronica in Munich offers the ideal setting for presenting battery packs and battery management systems developed by LION. Technologies, products and solutions from all areas of electronics will be shown at the trade fair. With more than 2,900 national and international exhibitors, the event offers inisights into the global market.
In the electromobility market, up to 15 million new electric vehicles are expected on the roads worldwide by 2030 - not including hybrid vehicles. The drivers for this development are rising costs for fossil fuels, stricter regulations, growing market pressure from Asia, as well as a new environmental awareness. So far, however, neither the cost nor the range of the battery cells meet the high expectations of consumers and automobile manufacturers. LION is meeting these challenges by continuously improving and further developing its battery system technology.Backgrund informationen
If you are interested in talking to LION's battery experts at the show, please contact Weber Shandwick, Philipp Hanke  (+49 89 380179 48, phanke@webershandwick.com).
 About LION E-MobilityLION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the E-Mobility sector, in particular in electrical energy storage and lithium-ion battery system technologies.
The company owns 100% of the German company 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.Press contacts

Tobias Mayer
CEO & President
Phone: +41 41 500 54 11
Email: mayer@lionemobility.com
Philipp Hanke
Account Director, Weber Shandwick
Phone: +49 89 380179 48
Email: phanke@webershandwick.com
About LION Smart GmbH:
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.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
LION E-Mobility AG
Lindenstrasse 16
6340 Baar

12.11.2018 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

LION E-Mobility AG

Lindenstraße 16

6340 Baar

+41 (0)41 500 54 11
+41 (0)41 500 54 12
CH0132594711, CH0132594711
Regulated Unofficial Market in Frankfurt, Hamburg, Munich (m:access)

End of News
DGAP News Service

744409  12.11.2018 

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