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THINK Completes $40M Equity Round; Ener1 Chairman and CEO Becomes Chairman of THINK

Green Car Congress

Electric car maker THINK has completed a US$40 million equity increase to support further product development and planned expansion into North American markets. With the new equity, THINK says it is now fully funded and expects to become cash-flow positive in 2011. Tags: Batteries Electric (Battery).

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Tesla Battery Biz Put on Back Burner, Th!nk To Get Energy Elsewhere

Plugs and Cars

nk Global for its revived City electric car. nk with batteries after all. A deal was announced yesterday with EnerDel, an Indiana subsidiary of Ener1 and Lithium battery manufacturer. nk has settled on Lithium for all the new cars, it won't be producing until late 2008. This means if Th!nk

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THINK Selects Indiana for Think City EV Assembly

Green Car Congress

THINK will begin selling the THINK City, one of the world’s first highway-capable urban EVs, in the US later this year. The THINK City will appear in Detroit next week at the North American International Auto Show 2010. The THINK City is a purpose-built, all-electric car designed for urban environments.

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THINK delivers 17 EVs to utility fleet customers and employees in Indiana

Green Car Congress

THINK has delivered 17 THINK CIty electric cars to utility fleet customers and employees in Indiana. received 10 electric THINK City cars, and the remainder were delivered to Indianapolis Power & Light for company fleet use. —THINK spokesperson Brendan Prebo.

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THINK City EVs with EnerDel Li-ion Packs Enter Production

Green Car Congress

THINK, the Scandinavian electric vehicle maker, has begun production of THINK City EVs equipped with 22 kWh Li-ion battery packs from Ener1 subsidiary EnerDel. The EnerDel THINK City pack. Ener1 is an investor in THINK, and Ener1 Chairman and CEO Charles Gassenheimer is now THINK’s Chairman of the Board.

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THINK Sending 3 EVs to Brazil in Collaboration with CPFL Energia

Green Car Congress

THINK, the Scandinavian electric vehicle maker, is delivering its first EVs into South America as part of a new collaboration with Brazilian electricity supplier, CPFL Energia S.A. As of 31 December 2009, the company had installed generation capacity of 1,737 megawatts; and distributed electricity to approximately 6.6

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

In January, EnerDel hosted a group of journalists at its Indiana facilities and provided a plant tour showcasing its cell manufacturing and pack assembly processes. EnerDel is scheduled to ship its first cells and packs for the Think City EV on 1 March 2010. If they were to touch they would create an electrical short.

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