LION E-Mobility AG Founds 100% Subsidiary in the U.S.

22.08.2017

LION E-Mobility AG will increase its presence in the North American market with the formation of a wholly owned U.S.-subsidiary, LION E-Mobility North America Inc. The establishment of this subsidiary follows the engagement of Roland Bopp in April of this year as CEO for the Americas and is part of the company's strategy to accelerate its global expansion. Mr. Bopp is assembling an experienced and effective team in North America in order to implement the market entry strategy together with LION's strategic partners in the region.

LION E-Mobility will serve the North American market with a range of innovative engineering services for OEMs, automotive industry and electrical storage equipment suppliers. LION E-Mobility North America Inc. is headquartered in New York and was incorporated in Delaware in June, 2017. By participating in major industry conferences, such as the Advanced Automotive Battery Conference in San Francisco, CA and the Movin'On Conference in Montreal, Canada in June of this year, LION E-Mobilty has established numerous important contacts with potential customers and strategic partners. The response to LION E-Mobility's battery technology has been overwhelmingly positive. LION E-Mobility North America Inc. will participate together with LION Smart GmbH in the Battery Show in Novi / Detroit, Michigan - the premier showcase of the very latest in advanced battery technology - in September, 2017.

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