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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

Li-ion manufacturer Ener1, Inc. In 2009, Ener1 subsidiary EnerDel received $118.5 million in federal grant funding under the stimulus package. In 2009, Ener1 subsidiary EnerDel received $118.5 million in federal grant funding under the stimulus package.

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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

Green Car Congress

The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. NAATBatt must submit its application to the DOE by 19 May 2009, and anticipates a decision on awards to be made this summer.

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Novolyte received in 2009 a $20.6-million Novolyte received in 2009 a $20.6-million

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. Li-ion batteries. Li-ion batteries.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. In September 2009, A123 raised $378 million in its initial public offering.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Boston-Power, Inc., Earlier post.)

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