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Think exits bankruptcy, gets $47m for production move to Finland

Recent reports that Think would move the manufacturing location of its City electric cars from Norway to Finland were true. The Norwegian EV company has some even better news, though: it has received approval for its debt settlement plan and will now be able to exit court protection. Think CEO Richard Canny said the ruling means "we can re-start production of the TH!NK City as soon as possible." Re-starting production will be helped along thanks to a capital increase of $47 million from Ener1, Valmet Automotive and Investinor, the ... Read more →

REPORT: Think electric cars to be made in Finland alongside Fisker Karma Sebastian Blanco

Our friends over at Electric A!D recently took a baby blue Think City EV from its home in Norway to show it off in Denmark (recharging it onboard the ferry). Turns out another Nordic nation might ...

Think working on "capital increase negotiations," production of City EV could resume soon Sebastian Blanco

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 ...

Th!nk now under "public administration" Sebastian Blanco

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 ...

Think exits bankruptcy, gets $47m for production move to Finland 3 months ago on Autoblog Green

Recent reports that Think would move the manufacturing location of its City electric cars from Norway to Finland were true. The Norwegian EV company has some even better news, though: it has received approval for its debt settlement plan and will now be able to exit court protection. Think CEO ...

REPORT: Think electric cars to be made in Finland alongside Fisker Karma 3 months ago on Autoblog Green

Our friends over at Electric A!D recently took a baby blue Think City EV from its home in Norway to show it off in Denmark (recharging it onboard the ferry). Turns out another Nordic nation might hold the future for the small all-electric car. A report in VG Nett says that, in the future, Think ...

Think working on "capital increase negotiations," production of City EV could resume soon 5 months ago on Autoblog Green

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 ...

Th!nk now under "public administration" 11 months ago on Autoblog Green

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 a company tries to settle a volunteer-based ...


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