EnerDel to Join Think Global on Geneva Auto Show Exhibition Platform


INDIANAPOLIS, March 3 -- EnerDel, the automotive lithium-ion battery subsidiary of alternative energy company Ener1, Inc. (BULLETIN BOARD: ENEI) , announced today that it will appear on the exhibition platform of Think Global at the 78th International Motor Show in Geneva. EnerDel CEO Ulrik Grape will join the Norwegian electric auto manufacturer during the event's media preview days March 4-6 at booth 6410 to discuss EnerDel's lithium-ion battery system under development for the Think City electric vehicle.

The Motor Show will take place through March 16 at the Geneva Palexpo. It will include approximately 130 worldwide and European premiers from a broad range of industry sectors. Industry exhibitors include General Motors, Honda, Suzuki, and Toyota. About 1,000 brands from more than thirty countries will be presented by 260 exhibitors in the 77,550-sq.-mt. exhibition space. The conference is organized by Comite permanent du Salon international de l'automobile a Geneve. Additional information can be found at http://www.salon-auto.ch/.

About Ener1, Inc.

Ener1, Inc. (BULLETIN BOARD: ENEI) is leading the North American development and commercialization of advanced, high-performance safe lithium ion (Li-ion) batteries for hybrid electric vehicles (HEVs), Plug-in HEVs (PHEVs) and Electric Vehicles (EVs). Ener1 also is developing commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit www.ener1.com/ and www.enerdel.com/ or call 954-556-4020.

About THINK Global

Think designs, develops, manufactures and markets environmentally friendly vehicles and technologies. The company has more than 17 years of experience in developing and producing electric vehicles. Today, 1,200 TH!NKs are driving on Norwegian roads. The new TH!NK City is a fifth generation electrical vehicle assembled at Aurskog, Norway. Series production of the car started late last year and the first cars will be delivered to Norwegian customers. Later this year, the car will be launched in selected markets in Europe. The capacity of its first assembly plant in Aurskog outside Oslo, Norway is presently being increased to 10,000 cars per year, which Think expects to reach during 2009. Strong owners with visions and resources want to make Think the "car company of the 21st century". For more info: think.no.

Contact: Michael Mason (investor relations)
Allen & Caron Inc
212 691 8087
michaelm@allencaron.com

Jerry Herlihy (Ener1)
954 556-4020 x310
Jherlihy@ener1.com

FCMN Contact: jherlihy@ener1.com

Source: Ener1, Inc.

Web site: www.ener1.com/
http://www.enerdel.com/
http://think.no/
http://www.salon-auto.ch/

All Topics