DGAP-News: LION E-Mobility AG

DGAP-News: LION E-Mobility AG: Join Venture 'TÜV SÜD Battery Testing GmbH' receives grant in highly remunerated EU funding project

DGAP-News: LION E-Mobility AG / Key word(s): Incoming Orders/Joint Venture LION E-Mobility AG: Join Venture 'TÜV SÜD Battery Testing GmbH' receives grant in highly remunerated EU funding project

08.06.2016 / 14:34 The issuer is solely responsible for the content of this announcement.

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Garching, Germany - June, 08th 2016 - LION E-Mobility AG is proud to announce that its German joint venture "TUEV SUED Battery Testing GmbH" together with its consortium partners have now also received the final grant 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 686 TEUR been allocated to TUEV SUED Battery Testing GmbH. 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

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08.06.2016 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. Archive at www.dgap.de

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

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