Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > USABC Awards $6.5 Million Battery Technology Development Contract to Ener1's EnerDel Subsidiary

Abstract:
Ener1, Inc. , an alternative energy company, announced that its EnerDel subsidiary was awarded a lithium-ion battery technology development contract from the United States Advanced Battery Consortium (USABC), an organization whose members are Chrysler LLC, Ford Motor Company and General Motors Corporation.

USABC Awards $6.5 Million Battery Technology Development Contract to Ener1's EnerDel Subsidiary

FORT LAUDERDALE, FL | Posted on September 18th, 2007

USABC awarded the contract in collaboration with the U.S. Department of Energy (DOE) to develop lithium-ion battery technology for hybrid-electric vehicle applications. The 18-month contract, valued at $6.5 million, is the second of a three-phase USABC program and requires a 50 percent cost share. EnerDel successfully completed Phase I in June.

Under the full three-phase program, EnerDel is working to develop a fully integrated battery system for use in hybrid vehicle applications. The USABC program aims to produce a cost-competitive, lithium ion battery that is lighter, smaller and higher in power than existing battery technologies for hybrid electric vehicles.

EnerDel's Phase II contract involves development focused on scaling up to a production caliber cell, extensive lifetime testing and evaluation, as well as demonstrating the technology in battery modules.

"We are pleased to award this contract to EnerDel as part of USABC's battery technology research and development program," said Don Walkowicz, executive director of USCAR. "The program is essential to advancing the goals of the FreedomCAR and Fuel Partnership, yielding both near and long-term benefits for hybrid-electric and hydrogen-fueled transportation."

Subhash Dhar, President of Ener1, said, "We are pleased that USABC has awarded the Phase II contract based upon the success we have demonstrated in Phase I. The contract award recognizes our efforts to date, and the funds will greatly help EnerDel to deliver potentially breakthrough technology in finished product form." Ulrik Grape, Chief Executive Officer of EnerDel, added, "We expect to deliver results that will meet and exceed the battery performance requirements of USABC and the DOE and that will set a very high standard of performance in the United States."

USABC is a consortium of the United States Council for Automotive Research (USCAR). Its mission is to develop electrochemical energy storage technologies that support commercialization of fuel cell, hybrid and electric vehicles. USABC has a cooperative agreement with the DOE for research and development of battery technologies.

Founded in 1992, the United States Council for Automotive Research (USCAR) is the umbrella organization for collaborative research among Chrysler LLC, Ford Motor Company and General Motors Corporation. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

The FreedomCAR and Fuel Partnership is a collaboration among the U.S. Department of Energy; USCAR; and five major energy companies: BP America, Chevron Corporation, ConocoPhillips, ExxonMobil Corporation and Shell Hydrogen (U.S.). It is a broad, very challenging research effort to assist in the development of high-risk technologies that will enable the vision of "a clean and sustainable energy future" (DOE, 2004). For more information, visit USCAR's Web site at www.uscar.org.

####

About Ener1, Inc.
Ener1, Inc. 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, 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 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 need for 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. 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

Contacts:
Jerry Herlihy
Ener1, Inc.
T: (954) 556-4020
e-mail:

Victor Webb/Madlene Olson
Marston Webb International
T: (212) 684-6601
e-mail:

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

Ultrasensitive sensor using N-doped graphene July 26th, 2016

The NanoWizard® AFM from JPK is applied for interdisciplinary research at the University of South Australia for applications including smart wound healing and how plants can protect themselves from toxins July 26th, 2016

Designing climate-friendly concrete, from the nanoscale up: New understanding of concrete’s properties could increase lifetime of the building material, decrease emissions July 25th, 2016

XEI Scientific Partners with Electron Microscopy Sciences to Promote and Sell its Products in North and South America July 25th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Synthesized microporous 3-D graphene-like carbons: IBS research team create carbon synthesis using zeolites as a template July 1st, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps — today’s scientists will get the cheese if they manage to build a better battery June 28th, 2016

Yale researchers’ technology turns wasted heat into power June 27th, 2016

New-Contracts/Sales/Customers

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Nanometrics Selected for Third-Generation 3D-NAND Process Control: Atlas® Systems Extend Advanced Device Manufacturing Capability June 14th, 2016

Industrial Nanotech, Inc. Signs Agreement With and Receives First Purchase Order from Major New Customer in China June 6th, 2016

Deep Space Industries and SFL selected to provide satellites for HawkEye 360’s Pathfinder mission: The privately-funded space-based global wireless signal monitoring system will be developed by Deep Space Industries and UTIAS Space Flight Laboratory May 26th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic