Ener1 says its lithium batteries ready before 2009

"That the Lithium-ion battery is the Holy Grail is now a given"

Ener1 told Fox News yesterday that its lithium-ion batteries will be ready to be incorporated into hybrid cars, plug-in hybrid vehicles and pure electric vehicles by the end of 2008.

"Our batteries have already been tested by the United States Advanced Battery Consortium, which is General Motors, Ford and Chrysler," Charles Gassenheimer, chairman of Ener1, Inc. told viewers of the Fox morning broadcast "CEO Corner." "We are the only battery company today using this Lithium-ion technology, which has met or exceeded all of the Big Three's requirements, especially and most importantly best-in-class in safety."

Interestingly, Mr. Gassenheimer also claimed that NiMH batteries simply are not, will not, every really be cost-effective, whereas lithium will be incredibly cost-effective.

Maybe it was the battery that really did kill (stall) the electric car?