LION E-Mobility AG (LION; ISIN: CH0560888270) reported continued positive performance in the third quarter of 2025, with revenue of EUR 5.9 million for the quarter, bringing total revenue for the first nine months to EUR 16.3 million. This represents a 31% increase compared to EUR 12.4 million in the same period of 2024, driven by a strong recovery in market demand for batteries.
EBITDA for Q3 2025 reached EUR 1.2 million, contributing to a significant improvement in EBITDA for the first nine months to EUR 2.4 million, compared to a negative EUR 6.0 million in 9M 2024. The company attributed this to sales growth, procurement efforts, and consistent cost discipline.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, commented: “We are very pleased with our continued positive business development in the third quarter. Despite the still challenging market environment, we managed to increase our revenues and further improve profitability. This solid performance demonstrates the strength of our product portfolio and the commitment of our entire team. We are confident that we will continue this positive growth trajectory in the coming quarter.”
LION recently announced a partnership with Castrol through its subsidiary LION Smart Production GmbH to jointly develop an innovative battery module for high-performance electric vehicle applications. The collaboration combines LION Smart’s expertise in direct battery cooling technology with Castrol’s advanced thermal fluids. The partnership aims to enhance battery thermal management for passenger cars, trucks, and battery energy storage systems (BESS) using direct battery cooling, which enables faster charging and discharging of battery cells immersed in a lightweight dielectric fluid. Castrol ON EV Thermal Fluids will be used to deliver superior heat dissipation, increased power density, and improved battery safety and lifespan.
In its BESS business, LION secured its first grid-scale project in Germany following a cooperation agreement with LEAP Energy signed in April 2025. The 5 MW / 20 MWh installation is scheduled for delivery in Q1 2026. LION’s battery containers combine Chinese cost competitiveness with German engineering, service, guarantees, and bankability. The current pipeline exceeds 7.5 GWh with potential clients across Europe.
In August 2025, LION entered a strategic partnership with Münchner Solarkraftwerke to jointly realize large-scale solar and storage projects. This collaboration grants LION direct access to a fast-growing market for photovoltaic-coupled and stand-alone storage systems, reinforcing its strategic focus on energy storage. LION’s battery storage systems, equipped with integrated inverters, enable efficient solar energy storage and grid services, opening significant revenue potential.
For the full financial year 2025, LION confirms its outlook of revenues between EUR 28 million and EUR 35 million and positive EBITDA. The focus remains on strategic direction-setting, particularly in series development for NMC+ modules and packs and continuous immersion technology developments for a large German truck OEM. The company believes it is well-positioned for long-term profitable growth.
