SC 13D/A

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  SCHEDULE 13D
                                (AMENDMENT NO. 1)
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                         LITHIUM TECHNOLOGY CORPORATION
                                (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.01 PER SHARE
                         (Title of Class of Securities)

                                    536808306
                                 (CUSIP Number)

                               J. Michael Harrison
                         Davis, Matthews & Quigley, P.C.
                      3400 Peachtree Road N.E., Suite 1400
                                Atlanta, GA 30326
                            Telephone: (404)261-3900
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                  March 8, 2002
             (Date of Event which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box. [ ]

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.

         * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).









CUSIP No 536808306

1.  Names of Reporting Persons I.R.S. Identification Nos. of above persons
    (entities only).
                           Arch Hill Capital N.V.

2.  Check the Appropriate box if a Member of a Group (See Instructions)
              (a)
              (b)

3.  SEC Use Only

4.  Source of Funds (See Instructions)    WC

5.  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
         or 2(e)

6.  Citizenship or Place of Organization           The Netherlands

Number of         7.  Sole Voting Power        52,515,312
Shares
Beneficially
Owned by          8.  Shared Voting Power
Each
Reporting
Person            9.  Sole Dispositive Power   52,515,312
With

                 10.  Shared Dispositive Power

11.  Aggregate Amount Beneficially Owned By Each Reporting
      Person   52,515,312


12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
       (See Instructions)

13.  Percent of class Represented by Amount in Row (11)     44.95%

14.  Type of Reporting Person (See Instructions)
              CO


ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

          Item 5 is hereby amended and supplemented to add the following:

          (a) Taking into effect the transactions reported in Item 5(c),
          Reporting Person is the beneficial owner of 52,515,313 shares of
          Issuer's Common Stock, representing approximately 45% of Issuer's
          Common Stock.

          (b) The shares are beneficially owned directly by Reporting Person,
          with Reporting Person having the sole power to vote the shares.

          (c) Reporting Person made loans to Issuer out of its own working
          capital funds totaling $762,025 in exchange for the issuance in
          private transactions on March 8, 2002 ($513,435) and March 21, 2002
          ($248,590) of promissory notes that are convertible into an aggregate
          of 9,525,312 shares of Common Stock at $.08 per share. Other than as
          described herein, Reporting Person did not effect any transaction in
          the Common Stock of Issuer during the past sixty days.

          (d) and (e) Not applicable.


ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
         TO SECURITIES OF ISSUER

          Item 5 is hereby amended and supplemented to add the following:

          On March 20, 2002 Reporting Person and Issuer entered into an
          Amendment to the Interim Financing Letter Agreement dated December 31,
          2001, pursuant to which the Maturity Date of the Notes issued under
          the Interim Financing Letter Agreement was extended from March 31,
          2002 to May 31, 2002.


ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS

          Item 7 is hereby amended and supplemented to add the following:

          Exhibit 4 -- Amendment to Interim Financing Letter Agreement, dated
          as of March 20, 2001.

                                    SIGNATURE



After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.



Dated:  March 27, 2002                    ARCH HILL CAPITAL N.V.



                                             By: /s/ H.H. Van Andel
                                             ----------------------
                                             H. H. Van Andel
                                             Chief Executive Officer

                                INDEX TO EXHIBITS


         
Exhibit 4   --  Amendment to Interim Financing Letter Agreement, dated as of March 20, 2001.

EX-4

                                                                       EXHIBIT 4


                      BRIDGE FINANCING AMENDMENT AGREEMENT


         This Bridge Financing Amendment Agreement ("Amendment Agreement") is
entered into as of March 20, 2002, by Lithium Technology Corporation ("LTC") and
Arch Hill Capital N.V. ("ARCH") (LTC and Arch collectively referred to herein as
the "Parties").


                                    RECITALS


         WHEREAS, the Parties have executed a Bridge Financing Agreement dated
December 31, 2001 (the "Agreement") and LTC has issued Notes to Arch under such
Agreement (the "Notes"); and

         WHEREAS, Section 4 of the Agreement and Section 1 of the Notes,
provides that the entire principal balance and all other sums due and payable
under this Note shall be payable on the earlier of (i) the closing date of the
Financing, and (ii) March 31, 2002 (the "Maturity Date"),

         WHEREAS, the Parties have agreed to extend the Maturity Date to May 31,
2002.

     NOW THEREFORE, in consideration of the mutual agreements contained herein,
the Parties agree as follows:

         1. Section 4 of the Agreement and Section 1 of the Notes shall be
            amended to read as follows:

         " the entire principal balance and all other sums due and payable under
         this Note shall be payable on the earlier of (i) the closing date of
         the Financing, and (ii) May 31, 2002 (the "Maturity Date")."

         2. All other terms and conditions of the Agreement and the Notes shall
            remain the same and shall continue to have the same force and effect
            as originally written.

         IN WITNESS WHEREOF, the Parties have executed this Amendment Agreement
as of the date first above written.


LITHIUM TECHNOLOGY CORPORATION



By:  /s/   David J. Cade
     ------------------------------------
     David J. Cade
     Chairman and Chief Executive Officer



ARCH HILL CAPITAL N.V.



By:  /s/  H.H. van Andel
     ------------------------------------
     H.H. van Andel
     Chief Executive Officer