Time to TH!NK
The Norwegian electric car producer TH!NK has reached across the Atlantic to establish TH!NK North America.
The new venture was announced at the 2008 FORTUNE Brainstorm Green Conference held in Pasadena, California, that brought chief executives from all over North America together to talk about the business opportunities.
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TH!NK city is an environmental vehicle, emission free and 95 percent recyclable. It reaches a top speed of 100 km (65 miles) per hour and can drive up to 180 km (110 miles) on a single charge. ”TH!NK city meets all European and US federal motor vehicle safety requirements.
At the Geneva Motorshow earlier this year, TH!NK announced a strategic partnership with energy giant General Electric, also an investor in TH!NK. At the Show, TH!NK unveiled its future car, the ”TH!NK Ox, the first 4/5-seater fully electric vehicle which is slated to begin production in 2010.
The TH!NK city is currently produced in Norway and international sales are slated to begin in Scandinavia, with Switzerland and France also being the initial focus areas. Sales other than initial trial and demonstration projects will begin in The North American market in 2009.
Vicki Northrup, an electric car veteran, has been retained by TH!NK North America as Operations Manager and will initially be based out of TH!NK North America’s Menlo Park Office.
About Think Global
TH!NK designs, develops, manufactures and markets environmentally friendly vehicles and technologies. The company has more than 17 years of experience in developing and producing electric vehicles and there are about 1,200 vehicles driving on Norwegian roads today. The latest TH!NK city is the fifth-generation electric vehicle that has been produced in Norway. Series production of the newly designed TH!NK city car started late last year and the first cars will be delivered to Norwegian customers. The capacity of its first assembly plant in Aurskog, outside Oslo, is presently being increased to 10,000 cars per year. TH!NK expects to be producing at full capacity sometime during 2009. Enthusiastic owners with the vision and resources want to make TH!NK the “car company of the 21st century.”
More about TH!NK here.