Friday 1 July 2011

Think! files for bankruptcy

Norwegian electric car manufacturer Think! Global has registered for bankruptcy. The Oslo-based marque has now been taken over by a court-appointed trustee.

Think!'s battery supplier, Ener1 recently finished a four-year business deal and will slowly receive some £20m ($32m/€22m) in unpaid loans and accounts.

Despite forming in 1991, Think! has sold 2,500 electric vehicles in Europe & the U.S since it launched in 1999.

Think!'s most recent model is the City four-seater and that retails around for £23k.

No comments:

Related Posts Plugin for WordPress, Blogger...