Back in October of 2007, Ener1 and Think Global inked what was hailed as the largest contract for lithium-ion batteries in automotive history. Under terms of that agreement, Ener1 was to deliver li-ion prototype packs to Think in March 2008 and pre-production packs in July 2008. Once those milestones were met, Ener1 expected Think to purchase $70 million in batteries between 2008-2010 and assumed that the total value of its contract with Think would exceed $200 million. By definition, expectatio
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