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Ener1

EV Battery Firm Completes $25M Capital Raise

NEW YORK - Ener1 Inc. - a leading manufacturer of lithium-ion energy storage systems for transportation and other applications - announced the sale of $25 million of senior unsecured notes, together with shares of common stock and warrants.

THINK Progressing Toward EV Production Goals

OSLO, NORWAY - THINK, the Scandinavian electric vehicle maker, announced it took a step closer to mainstream volume production this month with the introduction of lithium-ion batteries to THINK City EVs in Europe.

EV Battery Maker Draws $65M Cash Infusion

NEW YORK - Ener1 Inc., a global maker of lithium-ion batteries for electric vehicles and other applications, said it has received a $65 million cash infusion from its main shareholder.

Think Global Begins Making City EV

OSLO, NORWAY --- Think Global AS, the electric car manufacturer that exited bankruptcy protection in August, has begun production of its battery-powered City model at a factory in Uusikaupunki, Finland.

Think Global EV Company Says New Funding Likely

NEW YORK - The Norwegian Think Global battery carmaker could emerge with new funding (and a plan to sell EVs in the U.S.) by the end of August, said the company's battery partner Ener1.

Japan Postal Fleet Opts for EV Conversion

NEW YORK --- A new electric drivetrain -- developed by electric vehicle producer Th!nk and powered by an EnerDel lithium-ion battery system -- has been delivered to Japan Post.

Ener1 Batteries Used in Volvo Plug-in Hybrid Trial

NEW YORK --- Volvo Car Corp. has chosen American-made lithium-ion battery systems, designed and produced by Ener1 Inc., to power a pair of plug-in hybrid V70 demonstration cars being put through their paces across Europe this fall.

Senator Lugar Visits Enerl

INDIANAPOLIS – Indiana Senator Richard Lugar, a proponent of reducing foreign oil dependence for ensuring national security, recently visited Indianapolis-based EnerDel, a developer of alternative energy systems for automotive transportation. EnerDel is a subsidiary of Ener1, Inc.