Posts Tagged: Ener1

Ener1 files for Chapter 11

Advanced battery maker Ener1 (OTC: HEVV) announced yesterday that it has “voluntarily” entered Chapter 11 bankruptcy, and reached agreement with its creditors on a restructuring plan. The firm’s EnerDel unit, which builds lithium-ion batteries for EVs, is not part of the reorganization, and according to the company, “is not expected to be adversely impacted by… Read more »