Alelion secures new order worth MSEK 8.2

Alelion Energy Systems AB (publ) has received an additional order for high-voltage batteries from a german special vehicles manufacturer. The batteries will be used for the electrification of various airport vehicles and logistic solutions. Delivery will start in the second half of 2022 and continue for 12 months thereafter. Alelion continues to secure production capacity for 2022–2023.

The order amounts to approximately MSEK 8.2, and due to the significant order intake, delivery will not commence until the second half of 2022, extending into 2023. The order may be construed as a sign that Alelion's strategy shift towards a greater emphasis on long-term customer relationships has gained further prominence. The urge to electrify and shift to sustainable energy consumption remains.

Alelion's ready-made battery concept for logistics and airport vehicles has been waiting for the aviation industry to return to a more normalized situation. Electrified airport vehicles equipped with Alelion’s battery systems are used, for example, to transport, load and unload catering meals for passenger aircraft. This means that a fossil-free solution replaces vehicles emitting carbon dioxide.

The ready-made battery concept for special vehicles is in demand by a number of industries wishing to reduce their carbon footprint. Focus segments chosen by Alelion include Off-highway vehicles; vehicles primarily in logistic solutions, ports, airports as well as construction equipment.

Overall demand for serially-produced battery systems in the special vehicles segment is on the rise, and it is now apparent that the change from fossil fuels to sustainable electric power is really taking off.

For further information, please contact:
Åsa Nordström, CEO, Alelion Energy Systems AB
+46 702 90 18 58

This disclosure contains information that Alelion Energy Systems AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 28-02-2022 08:30 CET.

About Alelion Energy Systems AB (publ)
Alelion is a lithium-ion technology solution provider and manufacturer of battery systems. Alelion makes its clients succeed with their electrification of industrial vehicles and transformation to more sustainable use of energy. With powerful solutions, automated production and an empowering approach, Alelion constantly strives forward, for a better tomorrow. Alelion is headquartered in Gothenburg, Sweden.
We have and give the power to change. alelion.com

Alelion’s major owners are Pegroco Invest, Blomqvist Listed Sustainability and Fouriertransform. The company’s share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm, with G&W Fondkommission as Certified Adviser, e-mail: ca@gwkapital.se, phone: +468-503 000 50.

Alelion Energy Systems AB
Sörredsbacken 4, SE-418 78 Göteborg
info@alelion.comOrg nr: 556710-7916

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