18.12.2016 – 16:53

LION E-Mobility AG

DGAP-News: LION E-Mobility AG: Linear Technology and LION Smart Demonstrate First Wireless Battery Management System in BMW i3 at CES Show 2017 in Las Vegas

DGAP-News: LION E-Mobility AG / Key word(s): Miscellaneous/Product Launch
LION E-Mobility AG: Linear Technology and LION Smart Demonstrate First Wireless
Battery Management System in BMW i3 at CES Show 2017 in Las Vegas

18.12.2016 / 16:46
The issuer is solely responsible for the content of this announcement.

--------------------------------------------------------------------------------
Zug, CH - December 18, 2016. Linear Technology together with design partner LION
Smart, a subsidiary of LION E-Mobility AG, will demonstrate the industry's first
wireless automotive battery management system (BMS) concept car at the Consumer
Electronics Show CES, Jan 5 -8 in Las Vegas, USA (Booth 36708, LVCC South Hall
).
This wireless BMS concept car, developed by LION Smart GmbH, combines Linear's
highly accurate battery stack monitors with its SmartMesh wireless mesh
networking products and LION Smart's state-of-the-art Open Source BMS in a BMW
i3.
This demonstration of a fully wireless BMS car represents a significant
breakthrough that offers the potential for improved reliability, lower cost and
weight, and reduced wiring complexity for large multicell battery stacks in
electric and hybrid/electric vehicles. In addition wireless connectivity enables
more flexible placement of battery modules. Wireless connectivity also enables
more flexible placement of battery modules, and makes possible the installation
of sensors in locations previously unsuitable for a wiring harness. Erik Soule,
Vice President, Signal Conditioning Products for Linear Technology, stated, "New
designs of electric and hybrid/electric vehicles are increasing rapidly and all
of the major automotive manufacturers are searching for ways to improve the
performance and reliability of their battery management systems as they move
into higher volume production. The wireless BMS concept car, realized through
the expertise of LION Smart's BMS design, showcases our product vision." Mr.
Daniel Quinger, CEO of LION E-Mobility, stated, "One of our goals in this
ambitious project is to demonstrate the improvement in range and charging time
that can be achieved by using the latest technologies in partnership with
leading global players. Combining Kreisel Electric's laser welded 18650 modules
with direct liquid cooling and Linear Technology's SmartMesh IP wireless mesh
and the LTC6811 battery monitoring IC, together with LION Smart's Open BMS,
enabled  a unique battery system with record braking charge time of just 15
minutes, an energy capacity of over 55kWh, with a range of over 400km. This
represents a truly remarkable accomplishment."
The wireless BMS concept car, featuring the BMW i3, shows the promise of
wireless technology to significantly improve reliability and simplify the design
of automotive battery management systems. LION Smart is looking forward to a
bright future by continuing its outstanding partnership with Linear Technology.
For more information please click here:
http://cds.linear.com/docs/en/product-selector-card/WBMS_2_Page_Teaser_for
_CES.pdf
About Linear Technology
Linear Technology Corporation, a member of the S&P 500, has been designing,
manufacturing and marketing a broad line of high performance analog integrated
circuits for major companies worldwide for over three decades. The Company's
products provide an essential bridge between our analog world and the digital
electronics in communications, networking, industrial, automotive, computer,
medical, instrumentation, consumer, and military and aerospace systems. Linear
Technology produces power management, data conversion, signal conditioning, RF
and interface ICs, µModule(R) subsystems, and wireless sensor network products.
For more information, visit www.linear.com

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
Telefone: +49 (0)89 74567993

Email:  ir@lionemobility.de
http://www.lionemobility.de

LION E-Mobility AG
Poststrasse 14
6300 Zug
Switzerland

--------------------------------------------------------------------------------
18.12.2016  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
--------------------------------------------------------------------------------

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 (m:access); Open Market
in Frankfurt



 

End of News DGAP News Service

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

531005  18.12.2016