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Tuesday, March 13, 2007 12:09:49 PM
ENER1's EnerDel Subsidiary to Deliver Technical Presentation on Lithium Ion Batteries for HEV at Advanced Automotive Battery Conference
Tuesday March 13, 11:02 am ET
FORT LAUDERDALE, FL--(MARKET WIRE)--Mar 13, 2007 -- Ener1, Inc. (OTC BB:ENEI.OB - News), an alternative energy company, announced that its EnerDel subsidiary will be making a technical presentation on lithium ion battery development at the Advanced Automotive Battery Conference (AABC) in Long Beach, California taking place from May 15 - 18 this year. EnerDel is a Gold Level conference sponsor and is also exhibiting at the conference. Hiroyuki Yumoto, Director of Cell Development for EnerDel, will be making a presentation at the conference on "Li-Ion Battery Pack Systems for Hybrid Electric Vehicle (HEV) Applications." The AABC conference is attended by over 600 participants from all over the world, representing a strong cross section of the industry, including automotive customers, Tier 1 suppliers, battery developers and manufacturers, as well as leading academic and research institutions. To visit the AABC web site, go to: http://www.advancedautobat.com/AABC/index.html.
In a separate development, EnerDel announced that it delivered lithium ion battery cells for the next phase of testing by an independent laboratory. The batteries will be tested for high hybrid pulse power characterization, cold cranking, efficiency and lifetime performance. EnerDel expects that the test results will be available in late April 2007. EnerDel stated that the company expects that the performance of these cells will further improve on the results that were recently announced in February. In that announcement, EnerDel reported excellent test results for power-assist goal performance, including tests for static capacity, hybrid pulse power, self-discharge and thermal performance at various temperatures. EnerDel said the initial tests results show that its cells met and exceeded all established performance goals.
About Ener1, Inc.
Ener1, Inc. (OTC BB:ENEI.OB - News) is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com and http://www.enerdel.com or call 954-556-4020.
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