DGAP-Adhoc

LION E-Mobility AG: LION Smart GmbH signs exclusive supply agreement for its battery management system with Kreisel Electric GmbH

DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Incoming Orders/Alliance LION E-Mobility AG: LION Smart GmbH signs exclusive supply agreement for its battery management system with Kreisel Electric GmbH 27-Jun-2017 / 15:50 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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LION E-Mobility AG is pleased to announce that its 100% subsidiary LION Smart GmbH has secured a global supply contract with Kreisel Electric. The contract includes exclusive equipping of Kreisel's MAVERO stationary energy storage with LION Smart's revolutionary battery management systems up to the year 2021 with a two-sided option for extension.

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Information and Explanation of the Issuer to this News:

LION Smart GmbH signs exclusive supply agreement for its battery management system with Kreisel Electric GmbH


LION E-Mobility AG is pleased to announce that its 100% subsidiary LION Smart GmbH has secured a global supply contract with Kreisel Electric. The contract includes exclusive equipping of Kreisel's MAVERO stationary energy storage with LION Smart's state-of-the-art battery management systems up to the year 2021 with a two-sided option for extension.


This contract marks a decisive step in reinforcing the partnership with Kreisel Electric. The team at LION Smart GmbH is delighted with this vote of confidence by Kreisel GmbH.


'We are very pleased to enter into a long-term partnership with Kreisel and to supply our BMS on a large scale,' say the managing directors of LION Smart, Walter Wimmer and Tobias Mayer.


MAVERO energy storage is one of the most innovative stationary storages available to the market and has recently received the 'International Design Award' in the USA.


The energy storage solution is suitable for both private and commercial applications while being highly efficient and flexible. Thanks to its modular design, theses devices can be adapted precisely to almost any given condition.


With MAVERO Kreisel Electric and LION Smart are setting new standards in the area of stationary storage solutions.


For more information about MAVERO visit: http://www.kreiselenergy.com/