Posts Tagged ‘Think’

  • Boris Zingarevich Buys THINK Global
    Russian investor Boris Zingarevich, whose operations are based in St Petersburg, has acquired the insolvent Norwegian EV manufacturer THINK Global AS. The assets of wholly-owned subsidiaries THINK North America and THINK UK, which remained going concerns during the bankruptcy proceeding for THINK Global, were also acquired in the transaction. Mr. Zingarevich has signed...
    by at July 25th, 2011 at 06:07 am
  • Think Files for Bankruptcy
    The Norwegian electric car maker Think Global AS has filed for bankruptcy protection in Norway, after failed attempts at recapitalization and restructuring. Ener1, the US lithium-ion battery producer which led a capital increase of Think last year, said that it planned to take a charge on its earnings worth about $35m relating to loans receivable from the company. This...
    by at June 23rd, 2011 at 12:06 am
  • THINK Delivers U.S.-Built City Electric Cars to Indiana Utilities
    Four Indianapolis Power & Light Company (IPL) employees are among the first customers in the U.S. to own and drive THINK City pure electric cars. Their cars were among 17 THINK City electric cars delivered to utility fleet customers and employees in Indiana. Duke Energy in Plainfield, Ind. received 10 electric THINK City cars, and the remainder were delivered to Indianapolis...
    by at January 13th, 2011 at 11:01 am
  • THINK City EV – Now with 2+2 Seating
    The latest generation THINK City EV is now available for the first time with four seats, and goes on sale across Europe this month. The latest generation City EV comes complete with the THINK G4 EV DRIVE CONTROLLER – the heart of THINK technology.  THINK G4 is the fourth generation proprietary power electronics system underpinning the THINK City EV. It is the most advanced...
    by at December 20th, 2010 at 08:12 am
  • Think Builds 2,500th Think City EV
    Norwegian electric vehicle maker, THINK, announces the production of the 2,500th unit of the THINK City electric car, designed for urban use. The 2,500th THINK City came off the assembly line Valmet production facility in Finland. THINK engineers estimate that the City has accumulated 35 million zero-emissions road miles to date. The company has begun preparations to...
    by at October 12th, 2010 at 01:10 am
  • THINK Enters French EV Market
    Norwegian electric vehicle maker, THINK, said today it has entered into the French EV market through a partnership with MOBIVIA Groupe and its newly established sustainable mobility division, O2City. THINK’s partnership with O2City represents the biggest distribution and service offering in THINK’s history, with access to potentially more than 800 sales and service...
    by at August 16th, 2010 at 10:08 am
  • THINK Starts Production of Lithium-Ion Version of City EV
    Norwegian electric car maker THINK has launched production of the lithium-ion battery version of its City EV. The 22 kWh lithium-ion battery for the THINK City EV pack is being supplied by Ener1 subsidiary, Indiana-based EnerDel which owns an equity stake in Think. The latest generation THINK City is a purpose-built, all-electric car designed for urban environments. It...
    by at June 16th, 2010 at 02:06 pm
  • THINK City EVs Head for South America
    Building on recent announcements about new markets entered in Europe and plans to start new operations in the USA and Asia, THINK, the Scandinavian electric vehicle maker, has now announced a deal with energy provider CPFL Energia to conduct a feasibility study on its THINK City EVs in the Brazilian market. CPFL Energia has purchased three THINK City EVs, which it intends...
    by at June 3rd, 2010 at 03:06 am
  • Think Announces $40mln Equity Increase
    THINK has completed a US$40 million equity increase to support further product development and planned expansion into North American markets. With the new equity, Norwegian electric car maker is now fully funded and expects to become cash-flow positive in 2011. THINK has raised a total of US$87 million since last August, when it started a new phase of production with strategic...
    by at May 11th, 2010 at 02:05 am
  • Think Says Electric Car Buyers Willing to Trade Range for Price
    Electric car maker THINK released results of a customer survey that suggests potential electric car customers would be willing to accept less than 100 miles range-if the price is right. One hundred miles range has long been considered a customer requirement for full-functioning, highway-capable electric cars. In a survey of potential electric car customers, THINK found...
    by at May 11th, 2010 at 02:05 am