Think (aka Th!nk), which has been saved from collapse three times in its 19-year history, announced today that it has received a $40 million cash injection from existing investors to support its product development, drivetrain projects and planned expansion into North America. The electric-car manufacturer said that it is now fully funded and expects to [...]
Norwegian based electric-car company Think announced today that it plans on bringing its Think City electric-car to customers in New York City. New York ranked third in THINK’s EV-Ready Cities Index based on the great fit EV’s have for city driving and the strength of the state and local governments’ support. Los Angeles came in [...]
Norwegian based electric-vehicle maker Think has released its first U.S. EV-Ready Cities Index, which measures markets that are most likely to begin and benefit from the transition to electric-vehicles. The Think EV-Ready Cities Index takes into account purchase and usage incentives including things such as HOV lane access, hybrid sales, traffic congestion, EPA non-attainment zone status [...]
With most gasoline powered vehicles, we are interested in how fast they will go from 0-60 mph. Think announced today that it has teamed up with AeroVironment, Inc., a leading developer and supplier of electric vehicle charging infrastructure, to demo the company’s level III fast-charge system and the Think City electric-car. The team held a [...]
Electric-car manufacturer Think announced today that it has re-started production of its Think City model at a new facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland. “The start of production at Valmet Automotive also marks a new start for THINK, which has made significant progress since announcing its re-capitalisation earlier this year with major [...]
Norwegian electric-car maker Think, which recently exited bankruptcy court protection and raised $47 million, has announced that it is gearing up to launch vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility. Think will announce the exact location and other details in a few weeks, according to Charles [...]
Norwegian electric-vehicle manufacturer Think announced today that the Norwegian courts have approved its debt settlement plan, allowing the company to exit bankruptcy court protection. The move puts Think back into business and in a position to continue producing its latest TH!NK City model. Think will get $47 million from Ener1, Inc. from the USA, Valmet Automotive from [...]
While your everyday traditional automakers are closing down their facilities due to the current economic conditions, Norwegian electric-car maker Think (aka Th!nk) said today that it plans on opening a new manufacturing plant in the United States. Think said that the new facility will employ about 300 workers and will have an initial capacity of [...]
