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Electric automaker Think rises once again. Following the company's latest bankruptcy and rumors that the long-running EV maker would be bought by Turkey's BD Otomotiv, it is now official that Russian investor Boris Zingarevich has taken hold of Think and will relaunch the company. Zingarevich, ...
Here's a twist. After Think filed once again for bankruptcy, rumors floated around that Turkey's BD Otomotiv was interested in buying the Norwegian electric car company. Those have quieted down, but Ener1, the battery maker that was invested in the automaker, is Think's largest creditor and is ...
Aside from the environmental argument for moving away from imported fuels toward electric-powered transportation, the case is often made that energy independence is important for national security. Charles Gassenheimer, CEO of Ener1, whose Enerdel subsidiary makes the lithium ion batteries that ...