TH!NK car coming back from bankruptcy
TH!NK (with the cute exclamation point in place of an 'i') hasn't been the loudest name in electric cars, and perhaps that contributed to them entering bankruptcy protection last December. But in Norway (where TH!NK is headquartered) earlier this week, TH!NK's reorganization was approved, and the company is on track to resume production.
One of the new investors in TH!NK is the Finnish company Valmet Automotive, whose production facilities will be used to produce the car, alongside the Boxster and Cayman models they build for Porsche. TH!NK is also reported to be looking for a location in the U.S. where they can produce the car for the North American market.
The TH!NK City is a two-seat, battery-electric car with a top speed of 100 kmh (62 mph) and a driving range of 170-200 kilometers (105-124 miles). With its small size -- slightly over 3 meters (10 feet) long -- and range constraints, not to mention calling the vehicle "City", it is definitely targeted at urban commuters. TH!NK has showed other models, such as the TH!NK Ox Concept Car, and according to the company, has a 2 + 2 configuration forthcoming which will allow urban parents to bring their children along. This will add to the growing variety of electric vehicle options that are becoming available.
via: Detroit News
