Home > Press > ENER1's EnerDel Subsidiary Receives Orders to Deliver Lithium Ion Battery Samples for HEVs in June 2007
Ener1, Inc. (OTCBB: ENEI), an alternative energy company, announced that its EnerDel subsidiary has received orders to deliver lithium ion (Li ion) battery samples based on its proprietary technology to a leading European OEM automotive company and to a leading tier one automotive supplier. The samples will be tested as part of programs to use Li ion batteries in hybrid electric vehicles. EnerDel is also in discussions with several U.S. based OEMs and tier-one automotive suppliers for delivery of Li ion battery samples for evaluation.
ENER1's EnerDel Subsidiary Receives Orders to Deliver Lithium Ion Battery Samples for HEVs in June 2007
FORT LAUDERDALE, FL | Posted on April 26th, 2007
Subhash Dhar, President of Ener1 Inc & Vice Chairman of EnerDel, commented, "Receiving sample orders from leading OEMs is a significant milestone for EnerDel as part of its plan to become a preferred battery supplier to the automotive industry for the growing hybrid electric and plug-in hybrid electric vehicle applications." He added, "We believe that this further validates the company's technology as we continue to follow our plan of commercial breakthrough in the fast growing market for hybrid and plug-in hybrid electric vehicles."
About Ener1, Inc.
Ener1, Inc. (OTCBB: ENEI) is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com and http://www.enerdel.com or call 954-556-4020.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995 conveying management expectations as to the future based on plans, estimates and projections at the time the statements are made. The forward-looking statements contained in this press release involve risks and uncertainties, including, but not necessarily limited to: EnerDel's ability to succeed as a supplier of batteries to the hybrid electric vehicle and other markets; Ener1's ability to successfully develop and market proposed lithium battery, fuel cell and nanotechnology-based products and services; the degree of competition in the markets for lithium battery, fuel cell and nanotechnology-based products and services; Ener1's history of operating losses; the lack of operating history for the development stage Ener1 businesses; the immediate need for substantial additional capital; the dependency upon key personnel; and other risks detailed in filings made from time to time with the Securities and Exchange Commission. These risks and uncertainties could cause actual results or performance to differ materially from any future results or performance expressed or implied in the forward-looking statements included in this release. There can be no assurance that EnerDel will enter into additional contracts for delivery of Li ion battery samples, or that the companies to which battery samples will be delivered will order batteries from EnerDel. Ener1 undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
For more information, please click here
T: (954) 556-4020
For media inquiries:
Victor Webb/Madlene Olson
Marston Webb International
T: (212) 684-6601
Market News First
Copyright © Market Wire
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Princess Margaret scientists convert microbubbles to nanoparticles: Harnessing light to advance tumor imaging, provide platform for targeted treatment March 30th, 2015
Wrapping carbon nanotubes in polymers enhances their performance: Scientists at Japan's Kyushu University say polymer-wrapped carbon nanotubes hold much promise in biotechnology and energy applications March 30th, 2015
Tokyo Institute of Technology research: Catalyst redefines rate limitations in ammonia production March 30th, 2015
Next important step toward quantum computer: Scientists at the University of Bonn have succeeded in linking 2 different quantum systems March 30th, 2015
Clean energy future: New cheap and efficient electrode for splitting water March 18th, 2015
Imperfect graphene opens door to better fuel cells: Membrane could lead to fast-charging batteries for transportation March 18th, 2015
Researchers synthesize new thin-film material for use in fuel cells: Article in the journal APL Materials shows how to grow Bi2Pt2O7 pyrochlore, potentially a more effective cathode for future fuel cells March 10th, 2015
Glass coating improves battery performance: To improve lithium-sulfur batteries, researchers added glass cage-like coating and graphene oxide March 2nd, 2015
Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage
Chemists make new silicon-based nanomaterials March 27th, 2015
New processing technology converts packing peanuts to battery components March 22nd, 2015
NC State researchers create 'nanofiber gusher': Report method of fabricating larger amounts of nanofibers in liquid March 19th, 2015
Drexel Univ. materials research could unlock potential of lithium-sulfur batteries March 17th, 2015
Industrial Nanotech, Inc. Announces Next Large Order from the Oil and Gas Industry March 26th, 2015
United Nanotech Innovations Lists Materials for Trade on INSCX™ Exchange and Appoints Fullerex as Merchant February 17th, 2015
Virginia Tech Purchases Two Bruker Fluorescence Microscope Solutions: High-Speed Instruments Combine to Cover Wide Optical Resolution Range February 10th, 2015
Nano Labs Announces the Opportunity to Submit the POLEC Liquid Cement Product for Test Trials to Be Used in the Construction of the New International Airport of Mexico City (NAICM) February 2nd, 2015