Ener1 CEO Interviewed By Wall Street Reporter

    FT. LAUDERDALE, Fla., Sept. 16 /PRNewswire-FirstCall/ -- Ener1, Inc.
 (OTC Bulletin Board:   ENEI) announced today that Kevin P. Fitzgerald, Chairman
 and Chief Executive Officer of Ener1, Inc. (OTC Bulletin Board:   ENEI) was
 interviewed by a senior analyst at the Wall Street Reporter.  The live taping
 of the interview can be found on the Internet at
 http://www.wallstreetreporter.com/profiles/Ener1Inc.html.
 
     About Ener1, Inc.
     Ener1, Inc. (OTC Bulletin Board:   ENEI) is an energy technology company.
 The company's interests include: 80.5% of EnerDel (www.enerdel.com), a lithium
 battery company in which Delphi Corp. owns 19.5%; 49% of Enerstruct, a
 Japanese lithium battery technology company in which Ener1's strategic
 investor ITOCHU owns 51 %; wholly owned subsidiary EnerFuel, a fuel cell
 testing and component company (www.enerfuel.com); and wholly owned subsidiary
 NanoEner, which develops nanotechnology-based materials and manufacturing
 processes for batteries and other applications (www.nanoener.com).  For more
 information, visit http://www.ener1.com.
 
     Safe Harbor Statement (ENER1, Inc.)
     This release contains forward-looking statements within the meaning of the
 Federal Private Securities Litigation Reform Act of 1995 conveying
 management's expectations as to the future based on plans, estimates and
 projections at the time the statements are made.  The forward-looking
 statements contained in this press release involve risks and uncertainties,
 including, but not necessarily limited to, the ability of Ener1 to complete
 the proposed spin-off of its equity interests in EnerDel, Inc., NanoEner, Inc.
 and EnerFuel, Inc., including securing financing to adequately capitalize each
 company and obtaining required regulatory and third-party approvals;
 successfully develop and market proposed lithium battery, fuel cell and
 nanotechnology-based products and services; Ener1's plans to reduce costs and
 gain a competitive advantage by consolidating manufacturing operations and
 implementing automated production processes; charges Ener1 will incur in
 connection with consolidating manufacturing operations; the degree of
 competition in the markets for lithium battery, fuel cell and
 nanotechnology-based products and services, Ener1's history of operating
 losses, the lack of operating history for the development stage Ener1
 businesses, the need for additional capital, the dependency upon key personnel
 and other risks detailed in Ener1's annual report on Form 10-KSB for the year
 ended December 31, 2004, as well as in its other filings from time to time
 with the Securities and Exchange Commission.  These risks and uncertainties
 could cause actual results or performance to differ materially from any future
 results or performance expressed or implied in the forward-looking statements
 included in this release.  Ener1 undertakes no obligation to publicly update
 or revise any forward-looking statements, whether as a result of new
 information, future events, or otherwise.
 
      Contact:  Michael Mason (investors)          Alys Daly
                Allen & Caron Inc                  Ener1, Inc.
                212 691 8087                       954 556 4020
                michaelm@allencaron.com            adaly@ener1.com
 
 

SOURCE Ener1, Inc.

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