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THINK Releases US EV-Ready Cities Index

Green Car Congress

San Diego, Portland and Sacramento were rated fifth, sixth and seventh putting four cities in California in the top-15 index. The remaining cities included Denver, Boston, Washington, DC, Philadelphia and Phoenix. The company recently announced plans to manufacture the THINK City electric car in Elkhart, Ind.

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

Green Car Congress

With the new equity, THINK says it is now fully funded and expects to become cash-flow positive in 2011. The investment round was co-led by RockPort Capital Partners, an investment fund co-located in Boston and Menlo Park, Calif., Rockport Capital and Ener1 each increased its investment in THINK by $12.5

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

Green Car Congress

EnerDel is scheduled to ship its first cells and packs for the Think City EV on 1 March 2010. The lithium-ion version of the THINK vehicle will have 384 cells in its 25 kWh battery pack and a range of more than 100 miles. The active materials are defined by the cell chemistry.

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