Ener1 pursues multiple alternative energy applications through its three wholly-owned subsidiaries, EnerDel, EnerFuel and NanoEner, and its 89% owned South Korea based subsidiary, Enertech. Each business line combines cutting-edge research and development with world class production and manufacturing know-how. The complementary technologies being developed strengthen Ener1’s position as a leader in the field of alternative energy and energy storage.

Ener1 places particular importance on its strategic partnerships, which enable the company and its subsidiaries to build upon existing technology and manufacturing platforms. Strategic partners in research, development and manufacturing include Argonne National Laboratory (ANL) and ITOCHU Corporation. EnerDel’s battery technology was originally pioneered with the assistance of ANL, the nation’s first national laboratory bringing together the world’s most capable scientists and engineers. EnerDel and ANL were recently awarded the R&D100 Award for excellence in technology and innovative design. As a long term strategic partner and current investor in Ener1, ITOCHU Corporation creates value as the largest global reseller of manufacturing equipment for lithium-ion battery production, providing Ener1 with unique access to specialized equipment and material markets.

Ener1 also has development and supply contracts in each of the three automobile verticals: EV, HEV, and PHEV. The Hybrid and Plug-in Hybrid development contracts are with the United States Advanced Battery Consortium, an umbrella organization for collaborative research among Chrysler LLC, Ford Motor Company and General Motors Corporation.