The Think City, as modified as the EV Cup electric car rivalry in 2010.
A Russian wood tycoon and self-described serial entrepreneur filled manage of the Norwegian electric car corporation so as to has liberally the Think City battery electric car. Boris G. Zingarevich, whose investment operations are feature in St. Petersburg, Russia, was the charming bidder ,next a insolvency proceeding initiated by the Norwegian carmaker THINK Global AS previous month.
THINK Global was an close to the beginning electric car corporation whose ,the past dates rear to 1991, at what time it was founded in Oslo, Norway, and luckily ownership by Ford Motor Company. Under Ford, production of the TH!NK City car totaled 1005 units recognized by 1999 and 2002, at what time Ford sold the company.
Since then, Think proceeded from side to side a figure of owners and investors and relationships counting Tesla Motors and General Electric, seemingly forever teetering on the edge of bankruptcy as,at the same time as use a trickle of Think cars shaped in Finland and Elkhart, Indiana. Some of now bought by the condition of Indiana for administration use.
In a declaration today, the automaker, renamed Electric Mobility Solutions, announced the signing of a memorandum of sympathetic by means of American lithium-ion battery maker Ener1, Inc. and Finnish automobile manufacturing and manufacturing corporation Valmet Automotive, Inc. to help in relaunching THINK.
Valmets resume luckily structure the Saab 9-3 Convertible in Uusikaupunki, Finland, as healthy as existence form a minor stakeholder in Think. Ener1 notably entered partnership by means of Volvo to jumpstart the Swedish procedure electric car growth program, counting the Volvo C30 Electric concept car. According to Forbes.com, Zingarevich is a director of Ener1 and the companys main shareholder.
œHaving achieved the place of one of the worlds the majority extremely regarded electric vehicle products, the THINK make is a precious asset so as to deserves to carry on its key position in the worldwide shift to electrification, supposed Zingarevich in a ready statement. œWith the possible of operational by means of the the majority important American automotive lithium-ion battery maker and Europes top automobile manufacturing and manufacturing company, I consider we might contain precisely the correct mixture and worth chain to create sure so as to the make determination be increasingly spirited in the universal electric vehicle market.
The THINK City is one of the the majority real-world tested electric cars, by means of a lady 28 compensation on foot of street knowledge in the more supposed a few obtainable anywhere it has person's name marketed, as of September 2010, counting similar in Norway, the Netherlands, Spain, France, Austria, Switzerland and Finland. Think list the present replica has a variety of 160 km (about 100 miles) on a solitary charge.
Under the new ownership and operation beneath Electric Mobility Solutions, the Think City is scheduled to restart manufacture in the primary quarter of 2012.
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