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Lithium-Ion Battery Maker Ener1 Receives $20M Strategic Equity Investment from ITOCHU

Green Car Congress

DECEMBER 7, 2009

ITOCHU, which began its strategic relationship with Ener1 in 2003, purchased 3.2 Large-format lithium-ion battery maker Ener1, Inc. has received $20 million in fresh investment capital from ITOCHU Corporation, a long-term strategic partner of and current investor in Ener1. million shares of common stock from Ener1 at a price of $6.18

Lithium Ion 170
Lithium Ion Fisker Mazda Batteries 170
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EnerDel, ITOCHU Announce Second Smart Grid Battery Storage Project

Green Car Congress

JANUARY 19, 2010

US-based lithium-ion battery producer EnerDel is partnering with the real estate arm of Japan’s industrial trading giant, ITOCHU Corporation, to develop and produce the advanced battery systems for a residential smart grid energy storage project to be installed in a major apartment building near Tokyo. since 2003.

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Grid Lithium Ion Batteries Battery 218
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