|   |  1)                  I have reviewed this annual report on Form 10-KSB of Ener1,                  Inc.; |
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|   | 2)                  Based on my knowledge, this report does not contain any untrue                  statement                  of a material fact or omit to state a material fact necessary to                  make the                  statements made, in light of the circumstances under which such                  statements                  were made, not misleading with respect to the period covered by                  this                  report; |
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|   | 3)                  Based on my knowledge, the financial statements, and other financial                  information included in this report, fairly present in all material                  respects the financial condition, results of operations and cash                  flows of                  the small business issuer as of, and for, the periods presented                  in this                  report; |
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|   | 4)                  The small business issuer's other certifying officer and I are                  responsible                  for establishing and maintaining disclosure controls and procedures                  (as                  defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the                  small                  business issuer and have: |
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|   |   | a)                  Designed such disclosure controls and procedures, or caused such                  disclosure controls and procedures to be designed under our supervision,                  to ensure that material information relating to the small business                  issuer,                  including its consolidated subsidiaries, is made known to us by                  others                  within those entities, particularly during the period in which                  this report                  is being prepared; |
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|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   |   | b)                                                      [Paragraph                  omitted pursuant to SEC Release Nos. 33-8618, 34-52492 and                  33-8760];                                                                                                                                                                                         |

|   |   | c)                  Evaluated the effectiveness of the small business issuer's disclosure                  controls and procedures and presented in this report our conclusions                  about                  the effectiveness of the disclosure controls and procedures, as                  of the end                  of the period covered by this report based on such evaluation;                  and |
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|   |   | d)                  Disclosed in this report any change in the small business issuer's                  internal control over financial reporting that occurred during                  the small                  business issuer's most recent fiscal quarter (the small business                  issuer's                  fourth fiscal quarter in the case of an annual report) that has                  materially                  affected, or is reasonably likely to materially affect, the small                  business                  issuer's internal control over financial reporting; and internal                  control                  over financial reporting (as defined in Exchange Act Rules 13a-15(f)                  and                  15d-15(f)). |
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|   | 5)                  The small business issuer's other certifying officer and I have                  disclosed,                  based on our most recent evaluation of internal control over financial                  reporting, to the small business issuer's auditors and the audit                  committee                  of small business issuer's board of directors (or persons performing                  the                  equivalent functions): |
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|   |   | a)                  All significant deficiencies and material weaknesses in the design                  or                  operation of internal control over financial reporting which are                  reasonably likely to adversely affect the small business issuer's                  ability                  to record, process, summarize and report financial information;                  and |
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|   |   | b)                  Any fraud, whether or not material, that involves management or                  other                  employees who have a significant role in the small business issuer's                  internal control over financial                  reporting. |
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|    |   | Date:                  March 11, 2008 /s/                  Dr. Peter Novak                                                                                               |
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|         |   | By:                  Dr. Peter NovakTitle:                  Chief Executive Officer(Principal                  Executive Officer andDuly                  Authorized Officer) |

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