Ener1 Announces Appointment of New EnerDel CEO.

Electric and Hybrid Vehicles Today, October, 2005

Alternative energy technology company Ener1, Inc. recently announced that Ulrik Grape has joined its EnerDel battery subsidiary as chief executive officer.

According to Ener1, Grape previously spent 10 years with Danionics A/S, an international lithium battery company headquartered in Denmark, where he acted as sales and marketing director and vice president U.S.

"Ulrik's appointment as EnerDel's CEO is excellent timing for us on two critical counts," said Ener1 CEO Kevin Fitzgerald. "First, we believe that his track record in the lithium-ion battery industry will provide EnerDel with invaluable competitive advantages that will enable EnerDel to take the lead in technology and marketing for supplying the U.S. hybrid electric vehicle (HEV) industry...

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