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Ener1 and Delphi to form lithium battery joint venture.(ENERGY)

Advanced Materials & Processes,  November, 2004  

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Ener1, Inc. and Delphi Corp. have signed a nonbinding letter of intent to create a joint venture to leverage their combined expertise in lithium batteries. Through the proposed joint venture, Delphi and Ener1 look to aggressively pursue business opportunities in the military, automotive, power tool, uninterrupted power supply, medical and personal mobility markets.

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"The combination of Ener1's vapor deposition process and its nanotechnology for production of high-rate, low-cost lithium batteries with Delphi-developed high energy capacity technology would allow the venture to ...

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