About a month ago, electric-car maker Think Global announced that it has filed for bankruptcy. Reports now state that Russian entrepreneur Boris Zingarevich, a major shareholder in Think, has been selected by a Norwegian court to bring Think out of another bankruptcy. Zingarevich said that new version of the Think City electric-car will be launched [...]
Here is a surprise out of left field (well, almost). Electric-car maker Think Global AS announced today that it has filed for bankruptcy in its home market of Norway after failing to keep the company going through recapitalization and restructuring. This is the fourth time Think has collapsed financially in its 20-year history. “We needed [...]
Today, Secretary of Energy Steven Chu, General Services Administrator Martha Johnson, and White House Council on Environmental Quality Chair Nancy Sutley announced a major step in moving the Federal fleet further towards advanced vehicles and decreased petroleum consumption. The United States government will end up adding 101 Chevrolet Volts to its fleet along with 10 [...]
Norway electric-car company Think has announced a four-seat version of its micro City car. The latest generation of its compact electric-car now comes standard with air-conditioning and a 5-year / 60,000 mile warranty (whichever comes first). “At the heart of everything THINK does is flexibility to the customer – and we have just taken this [...]
Norwegian electric-car maker THINK announced today that it has kicked of production of the THINK City electric-car and has also delivered the first couple of units. Production of the THINK City started at its plant in Elkhart, Indiana. The company, with global headquarters in Oslo, Norway, plans to build 300 units of the THINK City [...]
Jay Leno lives our dream everyday. If he doesn’t have a vehicle he wants to drive in his massive automotive collection, he can borrow it from the manufacturer straight and create a video for Jay Leno’s Garage website. Click here to read more new on the Think City. Jay recently got behind the Think City [...]
Think announced yesterday that it built the 2,500th unit of the Think City electric urban vehicle. “This milestone event further solidifies the THINK City as the best-selling electric car in the world today,” commented THINK CEO Barry Engle. The 2,500th City came off the company’s assembly line today at its Olso-based production plant in Europe. [...]
Norway electric-cars company Think announced yesterday that it has hired Michael Lock as the company’s Chief Marketing Officer. Lock, who spent most of the last decade in management positions at Ducati, will start his new position on August 9, 2010. During his seven year tenure as CEO of Ducati North America, Lock oversaw the restructuring [...]
It had to happen eventually, and England was the first to get to it; the first ever EV Cup Edition racing series kicked off with Eco Car Trials on June 18. The all-”˜green” racing series drivers will be on hand at the Goodwood Festival of Speed this weekend as well. The Think City race-prepped vehicle [...]
If the price was right, would you be willing to accept an electric-vehicle that had less than a 100 mile range? According to a recent study by electric-car maker Think and a team of MBA students from University of Michigan Ross School of Business, many potential electric-vehicle customers say yes. 100-mile ranges have long been [...]
