During a recent interview at Fox Business News, Charles Gassenheimer, Chairman of Ener1 said that his company will provide the automotive market with their lithium-ion battery starting early in 2009. Not only that. Gassenheimer also said that the new energy bill that will implement 35 mpg as the standard gas mileage for all cars will have a strong impact to automakers. When approved, this energy bill will allow automakers to produce more fuel efficient car models, and the company's lithium-ion battery is an ideal choice for this situation as hybrid, plug-in hybrid, and electric vehicles rely on battery packages.

Mr. Gassenheimer said: "Our batteries have already been tested by the United States Advanced Battery Consortium, which is General Motors, Ford and Chrysler. We are the only battery company today using this Lithium-ion technology, which has met or exceeded all of the Big Three's requirements, especially and most importantly best-in-class in safety. This is really a supply problem. Much of the world now, including Detroit, grasps that more efficient internal combustion engines and biofuels such as ethanol will not bring about the major environmental improvements and freedom from foreign oil that the times demand. The Lithium-ion battery is the Holy Grail is now a given, and we and others have proven that it's a fully realizable technology for revolutionizing automotive transportation."

Well, let’s just wait for this new bill to be implemented soon.