LION E-Mobility AG, a leading manufacturer of battery packs for electric mobility and energy storage, has released its preliminary consolidated H1 2026 figures, revealing a temporary decline in revenue due to a planned factory shutdown. The company reported revenue of EUR 6.9 million for the first half of 2026, down from EUR 10.4 million in the same period last year. The decline was primarily attributed to a two-month shutdown of its production facility to transition to the new high-performance NMC+ battery-pack technology. Despite the dip, EBITDA remained positive at EUR 0.1 million, compared to EUR 1.3 million in the prior-year period.
The factory shutdown, which occurred in Q2 2026, was necessary for conversion works to accommodate the new NMC+ battery packs. Sales during this period were generated from inventory produced before the shutdown. Production resumed at the end of June as planned, marking a significant operational milestone for the group. The NMC+ battery packs are designed for demanding applications in e-mobility, industrial uses, and safety-critical segments, combining outstanding performance with robust system architecture.
Dr. Joachim Damasky, CEO of LION E-Mobility, commented on the transition: "The successful resumption of production of our high-performance NMC+ battery packs marks an important milestone for LION E-Mobility. We are entering the second half of the year with a strong technology platform, growing market interest and promising opportunities across e-mobility and stationary energy storage. While the transition affected our performance in the first half, we remain confident in our ability to deliver significant revenue growth and strongly positive EBITDA for the full year 2026."
In addition to the production update, LION highlighted progress in its stationary energy storage business. The Finsterwalde BESS project, developed in cooperation with Renoc GmbH, has completed its first construction phase, providing an installed capacity of 5 MW with 20 MWh of storage. The facility utilizes LION Smart BESS containers designed for grid-connected applications, meeting high standards of reliability and safety. The second phase is planned for early 2027, aiming to expand storage capacity to 40 MWh at 15 MW of installed power.
The company's BESS project pipeline is growing, positioning LION as a systems supplier and technology partner for grid-scale storage solutions across Germany and Europe. The Finsterwalde facility serves as a reference project for future customers and investors.
Looking ahead to the full year 2026, LION expects revenue to exceed EUR 35 million, with strongly positive EBITDA. A substantial portion of this revenue is anticipated in the second half of the year, with Q4 being the strongest quarter, as the company capitalizes on the new technology and growing demand. The company also sees further growth potential in stationary battery storage, strengthening its team and identifying promising opportunities to accelerate expansion in this area.
These developments underscore LION's strategic focus on advanced battery technology and its commitment to meeting the evolving needs of the e-mobility and energy storage markets. The successful transition to NMC+ battery packs and the expansion of its BESS projects are key steps in the company's growth trajectory.
