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

Green Car Congress

Li-ion manufacturer Ener1, Inc. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders.

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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. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina.

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

Tony Karrer Delicious EVdriven

MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. BYD claims to have achieved a breakthrough with its lithium ion ferrous phosphate technology, but no one can be sure whether it will work as promised. More Will the Motor City shakeup work?

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