Remove 2003 Remove Corporation Remove Purchase Remove Recharge
article thumbnail

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

Green Car Congress

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

article thumbnail

BMW MINI E Powered by AC Propulsion?

Revenge of the Electric Car

The biggest obstacle for those who would prefer an alternative has been lack of purchasable plug-in electric vehicles since 2003 when auto manufacturers ceased production of plug-in EVs like the GM EV1, Honda EV Plus, and Toyota RAV4-EV. The rechargeable battery is made up of 5,088 cells grouped into 48 modules.

Mini E 100
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

A chemist and government researcher, Wang raised some $300,000 from relatives, rented about 2,000 square meters of space, and set out to manufacture rechargeable batteries to compete with imports from Sony and Sanyo. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct.

BYD 62