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Thursday, December 10, 2009

Think Restart EV Production Initial Deliveries by Christmas



Think, the Norwegian electric-vehicle maker has re-started production of its plug-in battery-electric City car, one of the world's first urban EVs, at a new, state-of-the-art facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland.

Valmet Automotive provides engineering and manufacturing services to the automotive industry and recently became a Think shareholder and strategic industrial partner. Fisker Automotive's Karma exotic plug-in hybrid and other vehicles are slated to be made at the Valmet plant.

The start of City production marks a new start for Think, which required bankruptcy protection earlier this year. Since then, it's received financial support from investors, made a number of executive appointment and won major new contracts in the drivetrain supply business

Think CEO Richard Canny said today that about 2,300 of the zero-emissions City cars, which can travel up to 112 miles on a single charge, have been ordered and "I am so pleased that some of our very loyal customers can look forward to delivery of their long-awaited Think City before Christmas."

Sales of the City have started in Austria, Denmark, The Netherlands, Norway, Spain, Sweden and Switzerland, with first fleet deliveries due to start this month. Most of those sales were made to municipal authorities and utility partners, supported by government incentives.

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