{"id":141356,"date":"2010-01-05T13:49:58","date_gmt":"2010-01-05T18:49:58","guid":{"rendered":"http:\/\/www.grist.org\/article\/2010-01-05-electric-car-think-to-be-assembled-in-u.s.-in-2011\/"},"modified":"2010-01-05T13:49:58","modified_gmt":"2010-01-05T18:49:58","slug":"electric-car-think-to-be-assembled-in-u-s-in-2011","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/141356","title":{"rendered":"Electric car Think to be assembled in U.S. in 2011"},"content":{"rendered":"

\t\t\t\tby Agence France-Presse <\/p>\n

OSLO—Think, an electric car maker based in Norway, will assemble its vehicles in the United States next year and hopes to roll out more than 20,000 units a year, the Wall Street Journal said on Tuesday, quoting the group’s chief executive.<\/p>\n

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The Think City. Photo courtesy Think“Nothing has been finalized yet but a decision is expected today,” a Think spokesman, James Andrew, told AFP.<\/p>\n

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Think, which will receive local and state incentives, is expected to invest $43.5 million to modernize an assembly plant in Elkhart, Indiana, the Wall Street Journal said<\/a>.<\/p>\n

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Several U.S. states had been in competition for the investment.<\/p>\n

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The newspaper reported that the project was to be officially announced in Indiana on Tuesday.<\/p>\n

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The plant would have an assembly capacity of more than 20,000 cars a year, but production would be “in the low thousands” in 2011, chief executive Richard Canny said.<\/p>\n

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The Think City, a small plastic vehicle that seats two adults and two children, is expected to sell for around $30,000, after a tax rebate of some $7,500, the Wall Street Journal said.<\/p>\n

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After teetering on the brink of bankruptcy, Think was saved in August by a group of investors, including Ener1 of the U.S., the owner of Enerdel which supplies batteries for the Think cars.<\/p>\n

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Enerdel is the largest shareholder in the carmaker, holding 31 percent.<\/p>\n

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In northern Europe, production of Think cars was transferred last year from Oslo to a plant in the Finnish town of Uusikaupunki, where the Finnish group Valmet Automotive already assembles models for German sportscar maker Porsche.<\/p>\n

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The Think City has a maximum speed of 68 miles an hour and a range of 110 miles.<\/p>\n

Related Links:<\/strong><\/p>\n

EPA gets tough on smog<\/a><\/p>\n

U.S. breaks with ‘drill anywhere’ energy policy, Salazar announces<\/a><\/p>\n

U.S. car fleet shrank by four million in 2009<\/a><\/p>\n

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by Agence France-Presse OSLO—Think, an electric car maker based in Norway, will assemble its vehicles in the United States next year and hopes to roll out more than 20,000 units a year, the Wall Street Journal said on Tuesday, quoting the group’s chief executive. The Think City. Photo courtesy Think“Nothing has been finalized yet but […]<\/p>\n","protected":false},"author":765,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-141356","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/141356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/765"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=141356"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/141356\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=141356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=141356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=141356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}