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Th!nk saved by outside investors Ener1

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). The largest bit of funding comes courtesy of Ener1 Group Inc. If that name sounds familiar, it's because they're the private equity firm that owns 57% of Ener1, which, in turn, is the maker of battery packs that are being used in the Th!nk City. This figure is short of the 100-200 million ... Read more →

Breaking: Th!nk looking for helping hand, temporarily halts production Jeremy Korzeniewski

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 ...

First TH!NK City's will go to the most 'EV Friendly' cities in Europe Jeremy Korzeniewski

Electric vehicle maker Th!nk Global is just about ready to begin selling cars over in Europe. Instead of launching one single full-scale offensive, the Norwegian automaker is now trying to figure ...

EnerDel ramping up battery production to supply Th!nk Jeremy Korzeniewski

Click above for more shots of the Th!nk Ox and City Th!nk Global recently hired a new President and COO named Richard Canny who had previously been Ford's Worldwide Director of Strategic Planning ...

Th!nk NEV tuner edition Jeremy Korzeniewski

Click above for more high-res shots of this custom Th!nk NEV Ever since at least the 1950's, car culture has included modifying vehicles for added performance and style. With the dawn of the fully ...

BREAKING: Ener1 and Th!nk sign the largest contract for lithium-ion batteries in automotive history 2 years ago on Autoblog Green

Ener1Del has signed a deal with Think Global, the makers of the Th!nk city car, to become the supplier of choice for lithium-ion batteries. Under a development agreement between Ener1 and Think, Ener1 will deliver production prototypes to Think in March 2008 and pre-production parts (valued at $1.4 ...

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CAFE – Corporate Average Fuel Economy. A system used in the U.S. to define mileage requirements of new vehicles.

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