Don’t Just Drive…..THINK! Care Free and Clean Mobility
Posted on 29. Mar, 2010 by Josh Schaffer in Electric Car Companies, Electric Car Stocks
Think Global the electric car company located in Aurskog, Norway, which manufactures cars under the TH!NK brand. They first started 19 years ago with the name Pivco (Personal Independent Vehicle Company). Ford acquired the company circa 1999 when Pivco’s finances dried up. After being acquired by Ford they invested 150 million dollars, started production of the Think City and marketed electrically driven bicycles as well as golf carts under the same brand. In 2002 production ceased after 1005 unites were made, then Ford decided to drop TH!NK in 2003 due to changes in the California zero-emissions vehicle policy. The company was then sold to KamKorp Microelectronics of Switzerland, owned by Kamal Siddiqi.
In 2004, the company started the development of the TH!NK public, a micro size electric bus that could be rented to customers for inner city travel. By February 2006, prototypes of the vehicle had been developed, but the company went into receivership. At the end of March 2006, Think Nordic was acquired by Norwegian investment group InSpire, which includes the original founder Jan Otto Ringdal as a partner. The company was renamed to Think Global.
During recent years, a wave of environmentally conscience individuals as well as climate change awareness has ripened the market for alternative mobility solutions. TH!NK is here to do just that, offer a new alternative for mobility. TH!NK uses a combination of Scandinavian design and new technology. This enables them to produce practical and modern electric cars that are three times as energy efficient as cars on the road today and produce zero emissions. Using state-of-the-art batteries in the Think City allows you to drive up to 160km or 112 miles on a single charge. TH!NK is also taking full responsibility for the battery if anything should happen. With the top speed of the Think City at 60mph it is perfect for any daily commute.
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