EV battery maker Ener1 (HEV) files for bankruptcy in a bid to restructure debt and raise more...


EV battery maker Ener1 (HEV) files for bankruptcy in a bid to restructure debt and raise more equity funding. The firm was a recipitient of a $118.5M federal grant back in 2009 as part of a broad EV battery technology program. Shares now trade on the pink sheets under the symbol HEVV for less than three pennies.

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  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    The 'green' shoots seem to be withering.
    26 Jan 2012, 02:08 PM Reply Like
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