Alelion Energy Systems has received an initial order for lithium-ion batteries in the Ground Support Equipment (GSE) segment, to be delivered in the first quarter of 2022.

The order was placed by a new customer in the strategic Ground Support Equipment segment: Vestergaard Company, a Danish, family-owned company, which manufactures vehicles adapted for the global GSE market. Vestergaard Company is a leading supplier of vehicles for various ground services required at airports.

Batteries based on lithium-ion technology are becoming more and more common in airport vehicles, since the aviation industry is among the many industries that must reduce its carbon dioxide emissions to achieve climate neutrality.

"Alelion's broad competence and experience in high-voltage battery systems makes them a partner with capacity to grasp the complexity of our vehicles," says Thomas Roepstorff, Manager Electrical Engineering, Vestergaard Company.

Alelion's high-voltage battery systems for industrial vehicles off-highway have thus made their way into yet another segment. Since 2006, Alelion Energy Systems is a developer and global supplier of battery systems in the materials handling segment. Today, Alelion's batteries power more than 5,000 vehicles worldwide.

While Alelion is increasing its market presence in the GSE segment, the Company has in recent years expanded its effort in more advanced high-voltage battery systems for special vehicles off-highway, and the very interesting product portfolio has won the Company a number of significant orders within the segment. Now, following testing and certification, series production of battery systems for special vehicles off-highway is under way.


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 07-12-2021 08:40 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

Direct link to Press releases: https://alelion.com/press-releases/

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