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Think working on "capital increase negotiations," production of City EV could resume soon
Click above to watch the video after the jump News has broken that Norwegian electric car company Th!nk is getting a big chunk of change, between $40-50 million, from new and anonymous investors. The company says that "capital increase negotiations have reached a first conditional approval from investors, and the company is now moving into formal debt settlement negotiations with its creditors." What's more exciting is that these approvals and negotiations mean that Th!nk is one step closer to restarting production of the Th!nk CIty ... Read more →
REPORT: New Louisiana auto plant not for Th!nk, will make high-mpg gas-powered cars [UPDATED] Sebastian Blanco
Fisker Karma - Click above for high-res image gallery Plans for a new auto plant will be unveiled later this morning in Ouachita Parish in northeastern Louisiana. We guessed earlier that the plant ...
REPORT: New auto assembly plant to be announced this week... perhaps for Th!nk? Sam Abuelsamid
Financially struggling Norwegian EV maker Th!nk has been saying for some time that it wants to build some of its cars in in the United States. That announcement could come as soon as this week in ...
Electric car sharing coming to Oslo, Norway Sebastian Blanco
It's about to get a lot easier to drive a Th!nk City electric car. Residents of Oslo, Norway - and tourists - will soon (i.e., tomorrow) be able to participate in a new car sharing plan called Move ...
Th!nk gets homologation in the Netherlands, ready to be sold in European Union Xavier Navarro
Once a vehicle has been certified for roadworthiness by any member of the European Union, that vehicle can legally be sold in any fellow member country. Such is the case with the Th!nk City, which ...
More th-nk-think news
550 Think City electric cars coming to Spain 2 months ago on AutoblogGreen
Think's European expansion continues with the announcement that 550 of the company's City electric vehicles will be delivered to Spain later this year and in the first part of 2010. Think announced today the MOU it signed with its Spanish partner, Going Green, to bring the small EVs to Spain, ...
Bill O'Reilly challenged by Electric Aid to sign up for an electric car 2 months ago on AutoblogGreen
As someone who avoids listening to Bill O'Reilly, I didn't hear him make a claim last year (when gas prices were high) that he would buy a Prius if he could fit into one. O'Reilly also apparently said that, "No matter where you stand in the climate change debate, everyone should be able to agree ...
Think moving to Oregon? All signs point to yes 2 months ago on AutoblogGreen
One potential design for the next-gen Th!nk City We haven't heard any official proclamation, but reports are streaming into the AutoblogGreen mailbag that say that Think will be making a move to the West Coast. We know that Th!nk wants to begin building the small all-electric vehicle in the U.S. ...
Electric Aid tries to gauge American interest in Think City 3 months ago on AutoblogGreen
A few weeks ago, Th!nk discussed plans to enter the U.S. market with the City electric car sometime next year. If you're one of the people who thinks this is a good idea, then the Electric Air social network would like to get to know you. Electric Aid, which is not officially connected to Think in ...
Austrian government launches 100 unit EV test program with Th!nk 3 months ago on AutoblogGreen
The Austrian government is the latest to jump into the electric vehicle testing field with a program called the Vlotte EV project. 100 electric vehicles will be operated in the first of several such programs around the country this year. This first test will be run in the Bregenz region in the ...
Think City might cost $49,500 (U.S.) in Holland, without leasing the battery 3 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City A few more details about the 500 Th!nk City electric vehicles that are headed for Holland. AutoblogGreen reader Matthijs wrote in with the following: This morning (11:00 CET) I contacted ElmoNet with some questions about the Think City. While they are ...
Th!nk to sell 500 EVs to Dutch leasing company, if they get cash to build 3 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City in Detroit Th!nk may be struggling financially but that doesn't mean they aren't trying. After announcing last week its intention to set up U.S. manufacturing next year, the Norwegian company has just inked a deal to sell 500 units of its City EV. The ...
Ener1 gives upbeat conference call, talks about Th!nk deal 3 months ago on AutoblogGreen
Click on the image above for a high-res gallery of the EnerDel Th!nk City Ener1 is an energy company with some products powering alternative fuel cars. Specifically, some EnerDel (Ener1's lithium-ion battery company) batteries are in the Th!nk City electric cars that we've heard so much about ...
ABG First Drive: Think City electric car 3 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City in Detroit Pulling out of the parking lot in the Th!nk City electric car yesterday, the first thing I noticed was the sound. No, not the wonderful silence that is usually first on my mind when I'm on an EV, but something loud coming from the front of ...
Think City coming to the U.S. - info overload 3 months ago on AutoblogGreen
One potential design for the next-gen Th!nk City "A small and humble beginning." That was how Th!nk CEO Richard Canny described his company's proposed expansion to America. It certainly wasn't a big, flashy roll-out in Ann Arbor this morning, but Canny and Th!nk North America CTO Jim Lyons made ...
Th!nk details U.S. manufacturing, sales plans: hopes to sell City EV for under $20,000 3 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City in Detroit This morning at the Michigan Information Technology Center in Ann Arbor, Th!nk finally gave the media the details of it's planned expansion into the U.S. market. The short version: by 2010, Th!nk North America hopes to be building electric ...
Think advances U.S. plans, will sell full-speed City car in mid-2010 4 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City Th!nk's Norwegian exodus continues. Th!nk will announce details of its "aggressive expansion plans" next Thursday in Ann Arbor, Michigan. Th!nk CEO Richard Canny and Th!nk product development director Christopher Neal will be on hand to talk to ...
Norwegian electric car company Th!nk going Swedish? 4 months ago on AutoblogGreen
The site for all things Th!nk, Electric Aid, has gotten a hold of a new rumor surrounding the Norwegian electric automaker: it may no longer be a Norwegian company. Swedish TV station SVT is apparently reporting that production of the electric City car may move from Aurskog, Norway to Sweden. ...
Th!nk City nominated for Brit Insurance Designs of the Year 4 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City A nomination does not a win make, but the team over at Th!nk must be happy about anything positive these days. The town crier came in with news that the Th!nk City has been nominated for a Brit Insurance Designs of the Year award, hosted by the Design ...
ElectricAid pushes Th!nk City to the limit in video review 4 months ago on AutoblogGreen
Click above and scroll down to watch the video What should one do during the cold Norwegian winters? How about take an all-electric car out for a test drive, cruise on up the mountains and then spin out on a frozen drag strip? That's what our friends at Electricaid did with a Th!nk City ...
Swedes give a hand up, Th!nk to give 1,000 cars 5 months ago on AutoblogGreen
Not only does Norwegian electric car maker Th!nk still have a pulse, but it appears to be strengthening. After being raised from its deathbed, the company is now on the receiving end of new investment from a Swedish group of businesses including Gävle Energy, Fortum, Eon and Göteborg ...
Th!nk still has pulse, Ener1 to purchase stake, may build in U.S. 5 months ago on AutoblogGreen
After its virtual collapse last month, there are now renewed signs of life at Norwegian EV maker Th!nk. Ener1 Group Inc., which owns 57 percent of U.S. battery maker Ener1, is one of the investors in Th!nk and Ener1 had been set to supply Th!nk with lithium ion battery packs for its City car, as ...
Th!nk saved by outside investors Ener1 5 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City Th!nk's not dead yet, though it might still officially be on life support. As expected, an outside group of investors has stepped up to the plate and bailed out the Norwegian electric car company with a bridge loan of 40 million crowns ($5.69 million). ...
Th!nk thinks outside investors will step up to save Th!nk 5 months ago on AutoblogGreen
Click above for more shots of the new Th!nk Ox and City Things continue to look up at Th!nk. Electric Aid is watching the Norwegian press for us, and found an article in Indre.no that says that Th!nk management is "very optimistic" about the chances that outside new investors - along with ...
Think gets grassroots, some new electric cars should be ready in January 6 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City Just a quick update to Saturday's post about Th!nk's ever-increasing rescue potential. We wrote that Google translated the Norwegian of the original article as, "There will be no cars on the market in January." Our friend Leif wrote in to note that ...
Th!nk to begin building cars again, sort of 6 months ago on AutoblogGreen
Having gone through the automotive equivalent of a near-death experience, we are happy to report that Th!nk is registering vital signs again and that the halted production of its sub-compact City is set to resume, sort of. The company is still on life support and the factory in Aurskog will be ...
Th!nk now under "public administration" 6 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City There is no Christmas holiday break for the Th!nk bankruptcy/bailout story. The latest from Leif: Think was actually put under "public administration" Friday. This is a scary word for the state stepping in and freezing all payments to creditors while ...
Th!nk update #413705: at least some Norwegian politicians want to help electric car company 6 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City The story continues. AutoblogGreen's new all-things Th!nk source Leif has found another sign that the government of Norway might indeed be readying aid for the ailing electric car maker. Leif writes: I woke up to the news today that Åslaug Haga, ...
Think hints that Norwegian government aid might be coming after all 6 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City The Th!nk story is moving fast. To read what's been happening with a possible Th!nk bankruptcy and/or bailout, click here, work your way up from the bottom of the page, then come back. OK. All set? Here's the latest: According to the New York Times, ...
Th!nk bankruptcy/bailout drama continues in Norway 6 months ago on AutoblogGreen
Click above for a high-res gallery of the Th!nk City Been following the story of Norwegian electric carmaker Th!nk? In the past week, the company has gone from EV poster child to potentially bankrupt. The Norwegian government did not step in to help, and then the one of Th!nk's largest ...
Dept. of unfortunate timing: JSP touts Th!nk's choice of ARPRO recycled polypropylene 6 months ago on AutoblogGreen
Click above for a high-res gallery of the Th!nk City JSP is a company that makes Expanded Polypropylene (EPP), known in the market as ARPRO. It's understandable that JSP was proud that the Norwegian company Th!nk had selected ARPRO to use for the exterior and some parts of the interior for the ...
Think may be saved by Stein Erik Hagen's double-or-nothing plan 6 months ago on AutoblogGreen
Click above for a high-res gallery of the Th!nk City Following up on yesterday's news that the Norwegian government does not seem inclined to help electric vehicle manufacturer Th!nk, AutoblogGreen tipster Leif E. sent us a link to E24 that says that one of Norway's richest people, Stein Erik ...
Ener1: Think's possible bankruptcy not a problem. Yet 6 months ago on AutoblogGreen
Click above for high-res gallery of the EnerDel Th!nk City After the news yesterday that Norwegian electric car maker Th!nk could go out of business, we wondered how EnerDel was taking the news. To find out, we called Charles Gassenheimer, Chairman and CEO of Ener1, and asked how the Th!nk news ...
Think's request for help going unanswered, not all orders guaranteed to ship 6 months ago on AutoblogGreen
We learned earlier today that Norwegian electric automaker Th!nk had requested a handout from the Norwegian government. We've now heard that the government is not likely to give the EV maker any money. According to a translation of a piece in the Norwegian news source Dagbladet by AutoblogGreen ...
Breaking: Th!nk looking for helping hand, temporarily halts production 6 months ago on AutoblogGreen
Click above for a gallery of the Th!nk City It was virtually impossible for emerging automakers to forecast how difficult times would get just a few short months ago. Considering that even the best laid business plans must rely in some part on a series of educated guesses and assumptions, it's ...
EDTA 2008: EnerDel's Th!nk City 6 months ago on AutoblogGreen
Click above for high-res gallery of the EnerDel Th!nk City In the back corner of the EDTA Conference last week was the EnerDel booth featuring the prototype Th!nk City with EnerDel's lithium battery pack. We chatted with Ener1 Chairman and CEO Charles Gassenheimer about the car, the battery ...
