In order to protect the environment many people are thinking green, going green or already living green. It is believed that when Americans and the world population make little everyday changes in their lives, we are protecting the planet and therefore making the environment a better place for everyone. Everyone can start today by buying or using green resources which includes Hybrid Electric Vehicles, which is are vehicles that uses two or more distinct power sources to propel the vehicle. Some common power sources include on-board rechargeable energy storage system (RESS) and fueled power sources that are offered by companies such as Ener1, Inc.
Ener1, Inc. is an energy technology company that provides near-and long-term solutions that meet the world’s escalating need for alternative energy. The company’s operating subsidiaries develop and market technologies and products that enable renewable energy to become a viable alternative to fossil fuels, including lithium batteries for hybrid vehicles and fuel cells for a multitude of applications.
In December, the company became the first Energy Company to successfully integrate a lithium-ion battery into a mass-manufactured HEV. Hybrid electric vehicles currently use nickel-metal hydride technology (NiMH) which is less powerful, heavier, and more expensive than lithium-ion. The company’s management believes that this new battery will revolutionize the hybrid and electric car industry.
In a continuing effort to educate the technology industry with its products, the company will present at the upcoming CleanEquity Monaco 2008 Conference on February 20-21. This event will coincide with a meeting of the UNEP (United Nations Environmental Programme). The event is expected to attract up to 100 government environmental ministers.
The company’s Chief Financial Officer, Jerry Herlihy, will also deliver an investor presentation at the Roth Capital 20th Annual OC Growth Conference this Thursday, February 21st. The conference will feature presentations from over 300 small-cap companies in the Media, Technology, Telecommunications, Healthcare, Consumer, Energy, and Industrial sectors. There will also be a special panel on investing in Green Tech on Wednesday, February 20 where Ener1 will be one of the thirty companies presenting.
Ener1, Inc. is committed to building shareholder value as well as adding to the green resources that may save or planet.
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