September 27, 2022

Alelion receives largest order to date – worth approximately MSEK 130

Alelion has received a major order for high-voltage battery systems from an existing European customer. The order, which is in EUR, with a total value of MSEK 130, will be delivered during Q1 – Q4 in 2023.

“With this order, Alelion reach a higher utilization of its production capacity and it allows the company to implement more far-sighted plans regarding improved sourcing and tied capital efficiency”, says Åsa Nordström, CEO at Alelion.

“With this order, Alelion secures its position in 2023 as a major supplier of lithium-Ion battery systems,” says Anders Dison, Director Marketing & Sales at Alelion.

The overall demand for electrified vehicles is growing sharply, and despite the ongoing uncertainty regarding component shortages and the extended lead times this has caused in the market, the underlying trend towards electrification is unbroken.

“Electrification has gained a strong foothold both in Europe and beyond during 2022, involving a growing number of countries and stakeholders; going forward, we thus anticipate being able to plan further ahead and with growing volumes,” Anders Dison adds.

For further information, please contact:
Åsa Nordström, CEO, Alelion Energy Systems AB
+46 (0)70 290 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 27-09-2022 08:30 CET.