EnerDel
Struggling Ener1 receives $4.5M from investor
November 23, 2011
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company
evaluates its options to reorganize debt.
MoreEnerDel parent dismantles executive team
November 9, 2011
IBJ StaffEner1 Inc., the struggling parent company of Indianapolis-based advanced-battery maker EnerDel, continued its tumultuous year
by naming a new CEO, president and chief financial officer.
MoreEner1 becomes latest energy aid recipient in trouble
October 31, 2011
Bloomberg NewsElectric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient
of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
MoreNASDAQ set to remove EnerDel parent from exchange
October 26, 2011
IBJ StaffNew York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from
the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
MoreEnerDel parent facing shareholder legal battle
October 18, 2011
IBJ StaffAt least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors
about its financial condition.
MoreSolar flop puts energy funding in limbo
October 15, 2011
Chris O'MalleyCompanies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider
the fate of at least $600 million in loan guarantees.
MoreEnerDel parent shakes up management ranks
September 29, 2011
IBJ Staff and Bloomberg NewsBattery maker Ener1 Inc., which has almost 400 employees in the Indianapolis area, has replaced its chief executive and appointed
Ivy Tech President Thomas J. Snyder as non-executive chairman of the board.
MoreEnerDel parent in danger of losing NASDAQ listing
September 12, 2011
Kathleen McLaughlinThe New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that
it had received written notice of its failure to comply with NASDAQ's listing requirements.
MoreEnerDel parent expresses major cash-flow concerns
August 18, 2011
Kathleen McLaughlinAuditors are reviewing whether Ener1 Inc., which has hundreds of workers in the Indianapolis area, has enough cash to continue
operations.
MoreEnerDel parent says quarterly report will be late
August 9, 2011
IBJ StaffNew York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced
Tuesday that it won't file its second-quarter 2011 financial report on time.
MoreElectric car company filing for bankruptcy
June 22, 2011
Kathleen McLaughlinThink Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets,
according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
MoreEner1 stock takes beating after Think write-down
May 21, 2011
IBJ StaffThe battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
MoreBattery maker drops Indianapolis president
April 15, 2011
Kathleen McLaughlinBattery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based
operation, EnerDel Inc.
MoreEner1 picks CEO for Indianapolis-based battery unit
April 2, 2011
IBJ StaffChristopher Cowger joins Ener1 from California-based Advanced Micro Devices, where he was corporate vice president and general
manager.
MoreSluggish demand for electric car forces layoffs at Ener1
March 25, 2011
Kathleen McLaughlinBattery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand
from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
MoreThink car sales benefit battery-maker EnerDel
December 4, 2010
IBJ StaffIndianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
MoreDuke Energy exploring other uses for electric-vehicle batteries
November 23, 2010
Scott OlsonThe utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications
for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
MoreEnerDel parent nets $20M from Russian investor
September 23, 2010
Kathleen McLaughlinNew York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian
industrialist Boris Zingarevich.
MoreStructural shakeup means changes at EnerDel
September 21, 2010
Kathleen McLaughlinEner1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled
management ranks.
MoreEnerDel parent lines up more financing
September 3, 2010
Kathleen McLaughlinThe parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and
ramp up its manufacturing operations in the Indianapolis area.
MoreBattery-maker EnerDel eyes utility power-storage market
August 14, 2010
Chris O'MalleyLocally based EnerDel Inc. has been riding high on prospects its lithium-ion batteries will be in hot demand to power plug-in
electric vehicles, but another market might be larger. A Piper Jaffray report estimates the global market for batteries used
to store electricity on utility power grids could be $600 billion over 10 years.
MoreEnerDel's potential luring backers despite steep losses
June 5, 2010
Peter SchnitzlerThe parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing
to fund a business plan that could bring revenue to nearly $1 billion within five years.
MoreEnerDel parent lands $65M investment
June 1, 2010
IBJ StaffThe parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
MoreEnerDel forms joint venture with Chinese autoparts maker
May 27, 2010
Kathleen McLaughlinBattery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach
3,000, but there's no target date for achieving that milestone.
MoreCity hosting U.S.-China vehicle summit
May 24, 2010
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
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Mike, I am confused by your message, what is it besides hiding behind a flag, a song, and a symbol. I am surpised you can find Indiana, you and your phony "Washington" outsider mentality. You are a legend in your own mind, come and see what it is like to work and live in this state. You are a lifelong politician, admit it and carry on.
Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans