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LION E-Mobility AG: LION Smart GmbH and consortium partners receive grant in highly remunerated EU funding project

DGAP-News: LION E-Mobility AG / Key word(s): Incoming Orders/Miscellaneous
LION E-Mobility AG: LION Smart GmbH and consortium partners receive grant in
highly remunerated EU funding project

06.06.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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Garching, Germany - June, 06th 2016 - LION E-Mobility AG is proud to
announce that its German subsidiary LION Smart GmbH together with its
consortium partners have now completed the granting process 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
776 TEUR been allocated to LION Smart. 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

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