on LION E-Mobility AG (ETR:CH013259)
LION E-Mobility AG CEO Dr. Joachim Damasky to Retire in January 2027
LION E-Mobility AG, a prominent manufacturer of battery packs for electric mobility, has announced that CEO Dr. Joachim Damasky will retire at the end of January 2027. Dr. Damasky, who will also step down from the Board of Directors, played a crucial role in the development and launch of LION's NMC+ battery platform. Under his leadership, the company saw a 68% revenue growth in 2025, reaching EUR 28.3 million.
As Dr. Damasky prepares to exit, LION is focused on finalizing the automation of its NMC+ production line and expanding its battery energy storage systems. The completion of the first phase of the Finsterwalde BESS project marks a significant step forward for the company. A new Managing Director for the German subsidiaries will be announced soon.
The company's future strategies include strengthening its supply chain and customer base, with aims to lead in battery systems integration across Germany and Europe.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all LION E-Mobility AG news