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THINK Chooses Indiana for North American Think City EV Assembly
In brief: THINK will being selling their highway-capable urban electric cars, the City, in the U.S. later this year and will invest $43.5 million in a plant in Indiana.
Vehicle in the news
After the car goes on sale here in the U.S. later this year, THINK will begin work on their newly-acquired plant in Elkhart County, Indiana to have the factory online in 2011.
The plant will be capable of producing up to 20,000 cars per year and THINK hopes to capture the budding electric vehicle market in America by jumping in ahead of the competition.
The company has been building the THINK City for quite a while, selling them in Europe, but has had a rocky past until recently when the company moved to Finland and began production there.
THINK will be partnering with Indianapolis-based battery maker EnerDel to supply the lithium-ion technology that powers the City.
And so ...
Good news as several foreign companies step in to try to become the first highway-capable production electric vehicle for sale in the U.S.
Photo credits: THINK
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