THINK electric vehicle production restartsDecember 10, 2009
Production has restarted of the THINK City, an electric vehicle with a range of more than 100 miles and a top speed of 60mph.
The THINK City is also the first vehicle of its type to be granted pan-European regulatory safety approval and CE certification.
The Scandinavian electric vehicle maker has restarted production at a state-of-the-art new facility with manufacturing partner Valmet Automotive in Finland.
Valmet Automotive recently became a THINK shareholder; its factory also produces the Porsche Boxster and Cayman.
The start of production at Valmet Automotive also marks a new start for THINK, which has made significant progress since announcing its re-capitalisation earlier this year with major new investors coming on board. In recent months THINK has made a series of senior executive appointments from the automotive and clean-tech industries, won new contracts in the drivetrain supply business, started the roll-out of sales into key European markets and now, re-started production in Europe.
The THINK City has around 2,300 orders, and some cars will be delivered to customer before Christmas.
Sales of the THINK City have started in selected key EV markets such as Austria, Denmark, The Netherlands, Norway, Spain, Sweden and Switzerland. The majority of THINK sales in these countries have been made to municipal authorities and utility partners, supported by government incentives.
Note that the THINK City is not currently on sale in the UK.