A new interesting article about the launch from Green wombat, they also list the price at below $25000 and with some luck that will be the version sans roof
Cobos
Cobos
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Just read the green wombat article. They think they can sell 30,000 a year. Not a chance. They're priced to compete with the Prius, but the Prius doesn't have a battery rental. Nevermind that the Prius is bigger, faster, carries more people and cargo, and can go as far as you want it to. All Toyota has to do is release an official plug-in version and the Think car has no advantages at all.
Think is, however, positioned to completely wipe out ZAP and the entire NEV market, which I view as a positive thing.
-Ryan
The Prius certainly has its fair share of eco-poser owners, but at least they're getting a fully-capable vehicle, something they can use as their only car.I think they can sell 30 000 a year. Remember all those people that are eco-poser for their Prius purchase surely would like the even bolder eco statement
Can Obama supporter and Kleiner Perkins Caufield & Byers partner John Doerr get along with ardent Obama critic and Texas oilman T. Boone Pickens? Electric car startup V-Vehicle Co. better hope so because the two dealmakers are among investors in the San Diego-based company.
Earlier in the week a Louisiana newspaper reported on an effort by local business people teaming with Kleiner Perkins partner Doerr to buy a former General Motors Corp. facility in Monroe with the intent of luring an electric car maker to the site. By Wednesday, the locals announced the plans to bring little known VVC to town.
THINK has re-started production of the THINK City model, one of the world’s first urban EVs, at a state-of-the-art new facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland.
“THINK and AeroVironment are setting a new standard for extremely quick re-charging – zero to 80 percent in just 15 minutes,” said THINK CEO Richard Canny. “This is a major leap forward for electric vehicles. The development and deployment of very-fast-charge stations will help speed the electrification of automobiles in the United States and globally.”
Edmunds said:Think Says It's Raised $40M, Will Use It to Expand N. American Roll Out of City EV
Norwegian electric-vehicle maker Think, which was on the brink of going belly-up not that long ago, says it's raised another $40 million to support further product development and planned expansion into North American markets.
"With the new equity, Think is now fully funded and expects to become cash flow positive in 2011," the company said in a statement today.
Think announced in March that it will start selling its City battery-electric car in New York, in addition to a few other U.S. cities, later this year, as the company looks to compete with both established and independent automakers debuting battery-electric cars by the end of this year.
"Our additional investment reflects our confidence in Think as exceptionally well-positioned for success with a proven product and leading technology in electric drive systems," said Wilber James, co-managing general partner of Rockport Capital.
Think also announced two changes to its board of directors. Ener1 Chairman and CEO Charles Gassenheimer was named chairman, effective immediately. Incumbent Chairman Reidar Langmo was named vice chairman.
Think CEO Richard Canny said that with the closing of the equity funding, Think will now accelerate development of right-hand-drive products for markets such as Japan and the U.K.