ENER1 Third Quarter 2010 Earnings Call Scheduled for November 4, 2010

NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- Ener1, Inc. (Nasdaq: HEV) will release its third quarter results for 2010 on Thursday, November 4, after the market close.  Management will conduct a conference call on the same day at 5:00 p.m. EDT to discuss the company's results and strategic outlook for the remainder of 2010.

The call is being webcast by Thomson Financial and can be accessed on the home page of Ener1's website at http://www.ener1.com.

To participate in the conference call, please dial 888-679-8035 from within the United States, or 617-213-4848 from outside the United States.  The participant pass code is 24794405.

Participants are urged to dial into the call at least ten minutes prior to the call to register, or may preregister for the call at: https://cossprereg.btci.com/prereg/key.process?key=P4W4VNGFX.

Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference and will bypass the operator upon connection.

A recording of the call will be available until November 11.  To access the recording, please dial 888-286-8010 from within the United States, or 617-801-6888 from outside the United States.  The pass code is 78821755.

About Ener1, Inc.

Ener1, Inc. is a publicly traded (NASDAQ: HEV) energy technology company that develops compact, lithium-ion powered battery solutions for the transportation, grid energy storage and consumer markets. The company has over 700 employees, is headquartered in New York, with manufacturing locations in the United States and Korea. Ener1 develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes through its NanoEner subsidiary. In collaboration with strategic partner and electric vehicle manufacturer, THINK, Ener1 also manufactures electric vehicle drivetrain products.

Safe Harbor Statement

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

SOURCE Ener1, Inc.

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