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ENER1 Receives Additional $20M from Principal Shareholder

Green Car Congress

Li-ion maker ENER1, Inc. Over $300 million has been invested in the company over the last five years in achieving the steps to commercialization, and building a global manufacturing footprint. The financing is expected to close next week. This milestone has now been met.

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Axion supplying PbC batteries to Norfolk Southern for all-battery switcher and working on line-haul hybrid locomotives; micro-hybrid and stationary expansion

Green Car Congress

Compared to Li-ion batteries: PbC batteries are more affordable [3x] than lithium-ion or supercapacitors; PbC batteries have recycling value at end-of-life [$35/lbs], while Lithium-ion batteries have recycling cost at end-of-life [~$75/lbs]. —Tom Granville. Micro-hybrids. start-stop) vehicles. Earlier post.).

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