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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Fisker Karma EREV. Think City EV. The report hopefully points to the economics of EVs for fleet buyers; the conversion of the current $7,500 tax credit to benefit the consumer at the point-of-sale; the attraction of PEV attributes to some consumers; and potentially higher fuel prices to buoy consumer demand for PEVs.

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Ener1 to Take 31% Stake in EV Maker Think Global; Think City Production Moves to Valmet in Finland

Green Car Congress

Finland-based Valmet Automotive, which signed a letter of intent under which Valmet Automotive will be a production and engineering partner for the Think City electric vehicle, will also become a minor shareholder in Think. The partnership with Think supports our know-how in the manufacturing and development of electric cars.