The crew at Green Car Advisor recently got an opportunity to try out one of the latest-generation Think City electric vehicles shortly after it landed in the United States. This latest version is equipped with a new Enerdel lithium ion battery in place of the old Zebra battery. The American-made battery has a capacity of 25 kilowatt-hours, which gives the Think a nominal 100-mile range on a charge.
Norwegian electric vehicle builder Think has finally launched production of the lithium-ion battery version of its City EV. The 22 kilowatt-hour battery pack is being supplied by Indiana-based Enerdel which owns an equity stake in Think. Enerdel is now in full volume production of the new battery pack which, should allow Think to ramp up vehicle production and expand into continental Europe and then the United States later this year.
EnerDel Inc. announced plans to open li-ion battery plants in both China and Europe in an effort to triple its battery production by the end of 2011 and meet the expected demand of new partnerships. Though the company currently holds deals with just two automakers (Think and Volvo), it plans to announce two additional customers by the end of the year, one hailing from Europe and the other from Asia.
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After its virtual collapse last month, there are now renewed signs of life at Norwegian EV maker Th!nk. Ener1 Group Inc., which owns 57 percent of U.S. battery maker Ener1, is one of the investors in Th!nk and Ener1 had been set to supply Th!nk with lithium ion battery packs for its City car, as well as future products. According to Ener1 CEO Charles Gassenheimer, the company is looking at significantly upping its ownership stake in Th!nk. Half of the $5.7 million cash infusion that Th!nk receiv
Ener1 CEO and Chairman Charles Gassenheimer certainly isn't afraid to talk up the li-ion battery work that battery subsidiary EnerDel is doing. It looks like the U.S. federal government is also willing to get behind the lithium-ion research going on in Indianapolis. The U.S. Department of Defense has awarded EnerDel a $4 million research and development contract for work that should:
The EnerDel li-ion battery company continues charging ahead in Indiana. The company got a visit from governor Mitch Daniels today at its Indianapolis location and the big news for EnerDel is that the Indiana Economic Development Corporation has offered the company up to $7.125m in "performance-based tax credits and up to $58,000 in training grants based on the company's job creation plans." Those plans include creating over 850 new jobs between now and the end of 2012. Gov. Daniels was suitably
There are changes in EnerDel/Ener1 land. Yesterday, Ener1 said it would be moving its headquarters to New York City. Today, in a more important announcement, Ener1 said that it has taken complete control of EnerDel, Ener1's li-ion battery subsidiary, by buying some equity interest away from former joint venture partner Delphi. Delphi let its 19.5 percent equity interest in EnerDel go as part of its work to get out of bankruptcy. Ener1 gave Delphi 2.8m shares of Ener1 Restricted Common Stock and
EnerDel is the battery division of Ener1, an energy storage solutions company. EnerDel's batteries can currently be found in a plug-in Prius and a Th!nk City. The parent company announced today that it has raised $29.7m worth of equity capital through something called a Warrant Exercise. The influx of funds means that Ener1's cash position on its balance sheet is now around $42.5m, the company said in a statement. While the statement doesn't specifically mention any of Ener1's automotive battery
Want one of the all-electric Th!nk City cars powered by a lithium-ion battery? You're one step closer today than yesterday thanks to an announcement by EnerDel, the battery division of Ener1, that it has delivered the first mechanical prototype of the lithium-ion battery pack to Th!nk for form and fit evaluation. Even though Th!nk Citys are popping up in Paris and London, the pack is being tested in a City that is at EnerDel's Indianapolis facility in a car that was delivered last week.
At EVS23, AutoblogGreen had a chance to speak with the chairman of Ener1, Inc., Charles Gassenheimer, about his company's batteries and the future of Enerdel's lithium-ion batteries in automotive applications. He told us then that "We think 2008 is going to be a very exciting year for us." Now we know one reason why.
One of the announcements from EVS23 was from Ener1, the company behind the EnerDel lithium power systems. On the showroom floor, Ener1 was displaying a Prius they have converted with the EnerDel battery packs, a move that even attracted positve comments from Toyota representatives. I stopped by and spoke with Charles Gassenheimer, the chairman of Ener1 Inc., and he told me about how Ener1 is the only company at EVS23 that has the "end-to-end solution" for lithium-powered cars. That is, they can
Ener1Del has signed a deal with Think Global, the makers of the Th!nk city car, to become the supplier of choice for lithium-ion batteries. Under a development agreement between Ener1 and Think, Ener1 will deliver production prototypes to Think in March 2008 and pre-production parts (valued at $1.4 M) the following July. Once those milestones are reached, Ener1 expects $70 M in sales in 2008-2010 and, depending on growth from Think, Ener1 expects sales from the entire contract to be worth $200 M
EnerDel says they can make a lithium-ion battery for electric cars for just $1,500. That price for lithium-ion batteries is a lot lower than any price we have seen. Enerdel says it's hard to say right now how much they will cut prices but it should cost less or even half the price of traditional nickel-metal hydride batteries. The EnerDel battery chemistry is similar to Altair Nanotechnologies and has a lower operating temperature than A123 Systems.