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
The bankruptcy of Think Global is dragging Ener1 down even more, so an executive shake-up, it seems, is in order.
Th!nk City - Click above for high-res image gallery
EnerDel's Fisher, IN facility – Click above for high-res image gallery
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
EnerDel Th!nk City - Click above for high-res image gallery
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.
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
Click above for a gallery of the Th!nk City
Click above for high-res gallery of the EnerDel Th!nk City
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, 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.
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