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April 7th, 2006

Ener1 Chairman's Letter to Shareholders

Abstract:
Ener1, Inc. (OTC Bulletin Board: ENEI) Chairman Charles Gassenheimer today issued the following letter to Ener1 shareholders and interested members of the investment community. ... For example, EnerFuel is partnering with fuel cell companies and producers of alternative fuels, such as methanol and ethanol, on numerous Department of Energy funded proposals. This shows the confidence the fuel cell industry has in our team and their capabilities as a competent partner in the development of cutting-edge fuel cell technologies.

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