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ITOCHU Takes Equity Stake in THINK; Expanded Partnership for THINK EV and Drive System in Asia

Green Car Congress

THINK and ITOCHU Corporation announced an expanded partnership for marketing and distribution of the THINK City electric vehicle (EV) and EV drive system in Asia. Ener1, in turn, is an investor in THINK ( earlier post ); Ener1 Chairman and CEO Charles Gassenheimer is also the Chairman of the Board of THINK.

Asia 170
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THINK Begins EV Sales in Finland

Green Car Congress

Scandinavian electric vehicle (EV) maker THINK has begun sales of the THINK City EV in Finland with production partner Valmet Automotive. First deliveries of the THINK City in Finland will be to green delivery pioneers A2B, through a new THINK dealership in Helsinki.

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Think signs agreement to market electric cars in Asia

Green Cars News

Electric carmaker Think and Itochu Corporation have announced they are to expand their partnership to market and produce the Think city car in Asia. NK agreement Asia electric car Itochu japan market stake Think Think City.

Asia 36
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THINK Completes $40M Equity Round; Ener1 Chairman and CEO Becomes Chairman of THINK

Green Car Congress

Headquartered in Norway, THINK has raised a total of US$87 million since last August, when it started a new phase of production with strategic partner Valmet Automotive of Finland, and has invested heavily in new product development in Europe and Asia.

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EnerDel Partners with Mazda, Itochu, and Others for Smart Grid Integration Project in Japan

Green Car Congress

The project will use a 24 kWh battery pack initially designed for the Think City EV to demonstrate that automotive systems can be used in stationary applications without major modification. Itochu is also the largest shareholder in Family Mart, which has more than 14,000 stores across Asia. Earlier post.)

Mazda 218
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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. The latest generation THINK City is a purpose-built, all-electric car designed for urban environments.

Brazil 170