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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 →

Will Fisker's outsourcing produce results where so many others failed? Sebastian Blanco

When Ford announced its tie-up with Magna International to build an electric vehicle earlier this year, there was a lot to learn about how the auto industry as a whole can benefit from these ...

Fisker and Valmet finalize Finnish production deal Sam Abuelsamid

While Tesla Motors has been scrambling just to stay solvent in recent weeks, arch-rival Fisker Automotive seems to be streaming ahead. Fisker just opened a Michigan engineering facility a few days ...

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 ...

Will Fisker's outsourcing produce results where so many others failed? 4 months ago on Autoblog Green

When Ford announced its tie-up with Magna International to build an electric vehicle earlier this year, there was a lot to learn about how the auto industry as a whole can benefit from these kinds of partnerships. Now, in a three-part series (I, II, III) about Fisker Automotive's strategy, ...

Fisker and Valmet finalize Finnish production deal 1 year ago on Autoblog Green

While Tesla Motors has been scrambling just to stay solvent in recent weeks, arch-rival Fisker Automotive seems to be streaming ahead. Fisker just opened a Michigan engineering facility a few days ago and the startup has now finalized its deal to manufacture the Karma in Finland. Valmet Automotive ...


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