LION E-Mobility AG maintained its positive business trajectory in the third quarter of 2025, reporting revenue of EUR 5.9 million for the quarter and total revenue of EUR 16.3 million for the first nine months of the year. This represents a substantial 31% increase compared to the same period in 2024, when the company generated EUR 12.4 million in revenue. The growth was primarily fueled by renewed market demand for battery technologies across multiple sectors.
The company's financial performance showed remarkable improvement in profitability metrics. EBITDA for the third quarter reached EUR 1.2 million, contributing to a nine-month total of EUR 2.4 million. This marks a significant turnaround from the negative EUR 6.0 million EBITDA recorded during the same period in 2024. The improvement reflects both sales growth and the company's disciplined approach to cost management and procurement optimization.
Strategic partnerships have emerged as a key driver of LION's expansion strategy. The company's subsidiary, LION Smart Production GmbH, entered into a collaboration with Castrol to develop innovative battery modules for high-performance electric vehicle applications. This partnership leverages LION Smart's expertise in direct battery cooling technology combined with Castrol's advanced thermal fluids and battery thermal management knowledge. The collaboration aims to enhance battery performance for passenger cars, trucks, and battery energy storage systems worldwide through direct battery cooling technology, which enables faster charging and discharging of battery cells immersed in lightweight dielectric fluid.
In the energy storage sector, LION E-Mobility secured its first grid-scale project in Germany following a cooperation agreement with LEAP Energy. The 5 MW / 20 MWh installation, scheduled for delivery in the first quarter of 2026, represents a significant milestone in the company's Battery Energy Storage Systems business. The company's battery containers combine Chinese cost competitiveness with German engineering standards, service capabilities, and bankability. Market interest in this approach has generated a pipeline exceeding 7.5 GWh with potential clients across Europe.
Additional strategic positioning came through a partnership with Münchner Solarkraftwerke, established in August 2025, to jointly develop large-scale solar and storage projects. This collaboration provides LION with direct access to the rapidly growing market for photovoltaic-coupled and stand-alone storage systems. The company's battery storage systems, equipped with integrated inverters, enable efficient solar energy storage and participation in grid services, creating substantial revenue opportunities.
For the full 2025 financial year, LION confirms its outlook, expecting revenues between EUR 28 million and EUR 35 million with positive EBITDA. The company's strategic focus includes series development for NMC+ modules and packs, along with continuous immersion technology developments for a major German truck manufacturer. The operational foundation has been strengthened, positioning the company for long-term profitable growth in an increasingly technology-driven market environment. More information about the company's developments can be found at https://www.lionemobility.com.
