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Duke Energy and ITOCHU to assess second-life applications for Li-ion automotive batteries

Green Car Congress

NOVEMBER 23, 2010

Duke Energy and Tokyo-based ITOCHU Corp. signed an agreement to collaborate on advanced energy technologies, starting with the evaluation and testing of second-life applications for electric vehicle batteries. Duke Energy and ITOCHU believe batteries that become unsuitable for use in EVs could live on in other applications.

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Li-ion Indianapolis Energy Batteries 284
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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

JUNE 1, 2010

parent of Li-ion manufacturer EnerDel, has executed an agreement with its principal shareholder, Ener1 Group, an investment vehicle established by Russian industrialist and entrepreneur Boris G. Ener1, Inc., Zingarevich, for the purchase of common stock and warrants for $65 million. The investment is expected to close later this week.

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Indianapolis Li-ion Chinese Energy Storage 170
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