LION E-Mobility AG, a leading manufacturer of battery packs for electric mobility and energy storage solutions, has published its Q1 2026 results. The company generated revenue of EUR 3.3 million (Q1 2025: EUR 6.5 million) and maintained a positive EBITDA of EUR 0.3 million (Q1 2025: EUR 1.5 million), resulting in an EBITDA margin of 10.1%. Operating cash flow improved to EUR 3.0 million from EUR 1.0 million in the prior year, driven by cost discipline and better payment terms from suppliers. These results reflect the strategic transition to battery packs featuring new high-performance NMC+ cells, which will be available for sale starting Q3 2026.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, stated: "The conversion of our production lines to the new high-performance battery cells is progressing well. This is an important step toward future growth. The demand for the new battery packs is already high and with production set to resume at the end of June, we expect a significant uplift in revenues in the second half of the year." The company's BESS (Battery Energy Storage Systems) business is gaining momentum, with LION successfully selling its first BESS project in Q4 2025, a 5 MW / 20 MWh installation scheduled to go into operation in summer 2026. The pipeline of BESS quotations exceeds 7.5 GWh and comprises more than ten customers, including a second project in Germany currently in final negotiations for 5 MW / 10 MWh with delivery scheduled for 2026. To accelerate this momentum, LION has strengthened its sales team with three new hires dedicated specifically to the BESS segment, while strategic partner LEAPENERGY is intensifying its activities in the German market. The combination of tailored payment terms and a robust guarantee framework positions LION competitively.
The defense sector provides additional growth potential. LION is currently working on several defense-related inquiries, including a collaboration with Mandrill Engineering where LION Smart’s high-performance battery technology powers an advanced unmanned ground vehicle (UGV), enabling reliable performance and extended mission capabilities in demanding environments.
LION confirms its outlook for 2026, expecting continued growth with revenue above EUR 35 million and a strongly positive EBITDA. In Q2 2026, battery pack production will be temporarily affected by a planned two-month factory shutdown for conversion works, with operations scheduled to resume at the end of June. As of May, production is shut down while assembly lines are being updated for the new NMC+ battery cells. Second quarter sales are expected to be higher than Q1 from remaining inventories already sold. A significant portion of 2026 revenues is therefore expected to be generated in the second half of the year. LION E-Mobility AG is listed on stock exchanges in Munich, Frankfurt, and Hamburg. For more information, visit www.lionemobility.com.
