Electric car Think to be assembled in US in 2011: report

Jan 05, 2010
An electric car made by Norwegian compagny Think is pictured on the road in Oslo in 2008. 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.

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.

"Nothing has been finalised yet but a decision is expected today," a Think spokesman, James Andrew, told AFP.

Think, which will receive local and state incentives, is expected to invest 43.5 million dollars (30.1 million euros) to modernise an assembly plant in Indiana, the Wall Street Journal said in an article to be published on Tuesday.

Several US states had been in competition for the investment.

The newspaper reported that the project was to be officially announced in Indiana on Tuesday.

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.

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

After teetering on the brink of bankruptcy, Think was saved in August by a group of investors, including Ener1 of the US, the owner of Enerdel which supplies batteries for the Think cars.

Enerdel is the largest shareholder in the carmaker, holding 31 percent.

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.

The Think City has a maximum speed of 100 kilometres (68 miles) an hour and a range of 180 kilometres (110 miles).

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earls
Jan 05, 2010
This comment has been removed by a moderator.
Phelankell
not rated yet Jan 05, 2010
No, 38 grand, then you get a tax rebate of 8 grand at the end of the year, if you qualify.
Mr_Frontier
not rated yet Jan 05, 2010
Even if you don't buy it, it increases competition, nothing bad about that.
Caliban
1 / 5 (1) Jan 05, 2010
Competition IS good. Sadly, this particular model will do nothing to better the market position of electric cars. A number of immediate limits jump out:
1. need a price tag of less than 20k in order to get ANY market penetration.
2. need quick-charge capability(say, 15 minutes or less) to make it practical for use other than strictly commuter, in which case public transit would still be cheaper/greener.
3. plastic ends up being less green, and less(as perceived) safe- which translates into fewer sales.
Anyone care to add to the list?
Newbeak
not rated yet Jan 05, 2010
Prices will be high at first until electrics become mainstream.
Cars like the upcoming Volt would offer the best of both worlds.No gas would be used on commutes of less than 40 miles,while extended range would be possible thanks to the onboard recharging engine.
I read somewhere that public transit is NOT necessarily greener,especially on certain routes at off peak hours.Buses have to be packed to maximize their green potential.
earls
Jan 05, 2010
This comment has been removed by a moderator.
robbor
Jan 05, 2010
This comment has been removed by a moderator.
Phelankell
not rated yet Jan 06, 2010
Competition IS good. Sadly, this particular model will do nothing to better the market position of electric cars. A number of immediate limits jump out:
1. need a price tag of less than 20k in order to get ANY market penetration.
2. need quick-charge capability(say, 15 minutes or less) to make it practical for use other than strictly commuter, in which case public transit would still be cheaper/greener.
3. plastic ends up being less green, and less(as perceived) safe- which translates into fewer sales.
Anyone care to add to the list?


Currently requires Fossil fuel fired electricity which releases more toxins than gasoline.(CO2 is not a toxin).

Safety regulations for electric cars are more lax than those for ICE vehicles.

Vehicle is overly small limiting market penetration.

Owning company has folded and been bought twice now, losing almost all consumer confidence.
Royale
not rated yet Jan 06, 2010
These would be GREAT at 20k. But 38 (with a possible tax break later on)? Come on now. Sure some yuppies will buy it, but i'd really like to have it and i'll need the 20k pricing before i buy something that small! it would be great for my small commute. but not 38k great. oh well.. come on 1996 civic. keep running. just a few more years and we'll have more options. (hopefully).
zevkirsh
not rated yet Jan 06, 2010
think again.

ASSUMING AN EV CAN GET 50 MILES PER CHARGE, CHARGE TIMES ARE THE MOST IMPORTANT SPEc.

EV's are bound to fail in anything but niche hypergreen marketing ploys(directed at wealthy people) , until charge times are lowered to under 5 minutes to get 50 miles of charge. because they are too inconvenient to use for most people.

what budget conscious consumer is going to buy a car that they cannot use for multiple purposes on a monments notice because the car acan only be driven to and from work on a rigid schedule proscribed by the highly constrained chargin times required for the vehicles to operate. it's like buying a car and only being able to use it half the time you own it.

think faster charge. and think about selling the diesel hybrid tata nano in the u.s. when it comes out. that car is a gas sipping anorexic. amazing efficiency for a 5k package. but of course, government motors and ford financinigans will bankrupt themselves fighting the competition.
Bob_Kob
not rated yet Jan 10, 2010
Who drives more than 50 miles in one trip? Besides the odd travelling to distant places, for day to day driving to work / shops a car like that would be perfect.
Mr_Frontier
not rated yet Jan 14, 2010
What if you're normal airport was 40 miles away? Not bad; cutting it close. You get a ticket, you need to eat somewhere, you need to go to the bathroom, and/or you gotta cash a check before your trip. You're possibly screwed and you miss your flight for recharge time. Never put your eggs in one basket.

When people have been operating vehicles that normally go 300+ miles per fill, there is going to be a lot of adaptation and backlash to anything but that number, especially without a way for a quick charge. Pure electric does not hold nearly enough value yet against chemical. I'll be patient though.
Phelankell
not rated yet Jan 15, 2010
Who drives more than 50 miles in one trip? Besides the odd travelling to distant places, for day to day driving to work / shops a car like that would be perfect.
I commute 60 miles each morning and 60 miles each evening. That's jsut to get to and from work.

The average person commutes over 20 miles to their job and then another 20 back home and that's excluding the people who need to use their personal car for work and drive far more than 50 miles at a time.

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