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Think and Ener1 Part Ways Amidst Rocky Relationship
In brief: Lithium-ion battery maker Ener1 has ended its relationship with Think, the on-again, off-again electric commuter car maker whose financial troubles have called into question its ability to survive (again).
Vehicle in the news
Think North America, the Norwegian company's presence in America, announced the City would begin selling on U.S. shores for $4,000 more than the larger, more mainstream Nissan Leaf.
Ener1 ended their relationship citing the rocky road of supply and demand that Think has had so far. The cancellation of contract came shortly after Think put another delivery of battery packs on hold.
The future of Think has been uncertain for some time, with paltry sales and multiple financial woes and bankruptcies.
And so ...
The company had a great idea and a good car offering, but like Mitsubishi with the i-MiEV, it's finally delivering, but too little too late (and for too much money).
Photo credits: Think
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