DGAP-News: LION E-Mobility AG

DGAP-News: LION E-Mobility AG: Highly modern battery factory at LION Smart's cooperation partner Kreisel Electric

DGAP-News: LION E-Mobility AG / Key word(s): Alliance/Strategic Company Decision LION E-Mobility AG: Highly modern battery factory at LION Smart's cooperation partner Kreisel Electric

09.05.2016 / 08:00 The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Garching, Germany - May, 9th 2016 - LION Smart's close cooperation partner Kreisel Electric expands its production capacities by building a new state-of-the-art battery factory at the Austrian city of Rainbach. The new factory "3K one" will be equipped with a fully automatized production line which will allow for a very economic and fast production of battery packs with a capacity of 800.000 kilowatt hours per year.

The innovative Kreisel/LION Smart battery technology achieves a significantly higher power- and capacity-density than its rival products. LION Smarts battery management system in combination with Kreisel's fast charging technology will result in strongly reduced charging times. The battery management system monitors the charging process and gives recommendations concerning the available loading capacity and state of charge of the battery. This technology leap will lead to even more efficient and at the same time more cost efficient production of battery packs.

We are particularly pleased about the tremendous expansion of production, which will have a proportional impact on LION Smart's turnover of its battery management systems. This is a further step towards the forecasted doubling of turnover in the current fiscal year.

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 more information please visit our homepage: www.lionemobility.com

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 http://www.lionemobility.de

LION E-Mobility AG Poststrasse 6 6300 Zug

---------------------------------------------------------------------------

09.05.2016 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. Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

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 ---------------------------------------------------------------------------

461381 09.05.2016