Think Global has come back from teetering on the brink of bankruptcy in a big way. The Norwegian automaker just raised $40 million in investments that will drive their expansion into North America.
It was just last year that the electric car manufacturer had to stop production of their TH!INK City EV while scrambling to make ends meet. Now it's planning to introduce the compact EV to North American shores by the fourth quarter of this year, which is good for the company and the U.S.
While the first cars to reach our cities will be built in Finland, in 2011, Think is moving their production to Indiana.
Europeans have embraced the cute, affordable EV that has a 100-mile range and max speed of 62 mph; here's hoping Americans do too.
written by Doc Rings, May 12, 2010
|< Prev||Next >|