Ener1 to Participate in the 2009 Auto Analysts of New York Detroit Auto Conference

Ener1 to Participate in the 2009 Auto Analysts of New York Detroit Auto
Conference

NEW YORK, Jan. 12 /PRNewswire-FirstCall/ -- Ener1, Inc. (Nasdaq : HEV)
announced today that it will participate in the 2009 Auto Analysts of New York
Detroit Auto Conference taking place on Tuesday, January 13, 2009 through
Thursday, January 15, 2009 at the MGM Grand Detroit on Third Street in
Detroit. The conference will be hosted by Deutsche Bank, to coincide with The
North American International Auto Show in Detroit. Ener1 Chairman and CEO,
Charles Gassenheimer, will present on Wednesday, January 14 at 3:00 pm Eastern
Standard Time.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080312/CLW018LOGO )

To view Ener1's webcast from the conference, please access the following link:
http://tinyurl.com/a48han

About Ener1, Inc.:
Ener1 develops and manufactures compact, high performance lithium-ion
batteries to power the next generation of hybrid and electric vehicles. The
publicly traded company (Nasdaq : HEV) is led by an experienced team of
engineers and energy system experts at its EnerDel subsidiary located in
Indiana. EnerDel has developed proprietary battery systems based on technology
originally pioneered with the assistance of the Argonne National Lab.

Ener1 is seeking to become the first company to mass-produce a
cost-competitive lithium-ion battery for hybrid and electric vehicles. Demand
for battery solutions is being driven by a need to reduce dependence on oil as
well as growing concern about vehicle emissions. In addition to the automobile
market, applications for Ener1 lithium-ion battery technology include medical,
military, aerospace, electric utility and other growing markets.

Major shareholders of Ener1 include Ener1 Group, Inc., a privately held,
global investment and advisory firm, and ITOCHU Corporation, a Japanese
trading company and distributor of manufacturing equipment essential to
lithium-ion battery production. ITOCHU has annual revenue of approximately $90
billion and offices in more than 80 countries. Ener1 has also received funding
from a growing number of institutional investors.

In addition to battery technology, Ener1 develops commercial fuel cell
products through its EnerFuel subsidiary and nanotechnology-based materials
and manufacturing processes for batteries and other applications through its
NanoEner subsidiary.

INVESTOR RELATIONS MEDIA RELATIONS
Rachel Carroll Jon Coifman
VP Corporate Communications Waggener Edstrom Worldwide
P: 212 920 3500 P: 212 551 4815
E: rcarroll@ener1.com E: jcoifman@waggeneredstrom.com

SOURCE Ener1, Inc.

Investors: Rachel Carroll, VP Corporate Communications, Ener1, Inc.,
+1-212-920-3500, rcarroll@ener1.com, Media: Jon Coifman of Waggener Edstrom
Worldwide, +1-212-551-4815, jcoifman@waggeneredstrom.com