15 Articles
Are Ener1, AC Propulsion shake-ups signs that demand for li-ion batteries is low?

For years, CEO Charles Gassenheimer was the friendly, public face of battery maker Ener1, speaking with AutoblogGreen many times over the years about his company's work with Think and Volvo and others. The company's history was long fraught with difficulty because of the way it was tied to Think and its bankruptcy problems, but Gassenheimer was always optimistic about the prospects of Ener1's lithium-ion batteries being used for automobiles and stationary grid storage. Last week, he resigned fro

Executive shake-up underway at Ener1 as CEO resigns

The bankruptcy of Think Global is dragging Ener1 down even more, so an executive shake-up, it seems, is in order.

EnerDel shows off battery production facility, plans for $237 million expansion

EnerDel's Fisher, IN facility – Click above for high-res image gallery

Got cells? Battery supplier CEO warns of limited battery supply for electric vehicles

Over the last decade, billions of consumer electronics devices have been built and powered by lithium ion batteries and cars appear to be the next big li-ion applications. Even with all the lithium ion battery production that exists today however, capacity remains nowhere near where it needs to be to power all the plug-ins that are coming. Just think of the Tesla Roadster, which relies on standard 18650 cells like those used in laptop computers. A laptop typically uses six to nine of these cells

Ener1 has half-dozen electric vehicle, PHEV announcements up its sleeve

EnerDel Th!nk City - Click above for high-res image gallery

Out of bankruptcy, Think announces new Board of Directors

Electric vehicle maker Think announced a new Board of Directors today, bringing together some of the people who guided the once-troubled automaker through its recent bankruptcy.

Putin's pal's ownership stake raises questions about Ener1 DOE loan

Aside from the environmental argument for moving away from imported fuels toward electric-powered transportation, the case is often made that energy independence is important for national security. Charles Gassenheimer, CEO of Ener1, whose Enerdel subsidiary makes the lithium ion batteries that will power the Th!nk City, has said himself that, "The last thing we want is to trade dependence on foreign oil for dependence on foreign batteries." Ironic it is, then, that questions are now being raise

Ener1: Think's possible bankruptcy not a problem. Yet

Click above for high-res gallery of the EnerDel Th!nk City

EDTA 2008: EnerDel's Th!nk City

Click above for high-res gallery of the EnerDel Th!nk City

Ener sells batteries to major Euro auto maker and Tier 1 OEM

There may be a lot of people wearing frowns in corporate America today but we are happy to report such is not the case over at lithium ion battery maker, Ener1. Their 3rd quarter conference call seemed to have only two kinds of news; good and gooder more good. Example? They have doubled the revenue and halved the losses of the same period a year ago. More? The Th!nk program is progressing nicely and they expect the first cars with their packs to ship some time in the first quarter. While their a

Ener1 get factory, engineering help with acquisition of Enertech Intl

Ener1, the company behind Th!nk battery supplier, Enerdel, has just bought an 83 per cent majority stake of conveniently-named Enertech International. The South Korean lithium-ion battery maker was part of the Saehan Group, which was spun out of the Samsung Group. The company has a facility in Chungbuk that could produce 15,000 automotive battery packs a year. It had $60.9 million in revenue in 2007 from sales of batteries for laptops and cellphones.

Ener1: Lithium ion battery prices may be cut in half

Just the other day we were asking ourselves if the price of the most expensive component of electric cars, the lithium ion batteries, will ever come down. As if to answer our query Charles Gassenheimer, Chief Executive over at battery maker Ener1, has come back with the answer we hoped to hear. Yes! And we're not talking about a small fraction of a reduction but rather a full 50 percent. Of course this kind of sea change in price will require a huge increase in volume. Gassenheimer says they wil