CPFL Energia has purchased three THINK City EVs, which it intends to showcase at the Michelin Challenge Bibendum sustainable mobility conference, hosted in Rio de Janeiro at the end of this month.

Sustainable mobility is fast working its way up the political and environmental agendas here in Brazil, and CPFL wants to be at the forefront of this movement. We are showing some of our plans for electrifying the CPFL vehicle fleet at the Michelin Challenge Bibendum, which, in its special 10th anniversary year and under the leadership of our President, will clearly emphasize the determination of this country to strive for a more sustainable mobility in future. We are very pleased that THINK is supporting us in our aim to achieve this goal, both at CPFL and hopefully in Brazil as a whole.

—Wilson Pinto Ferreira Junior, CPFL Energia CEO

CPFL Energia S.A., with revenues of US$6.0 Billion in 2009, engages in the generation, distribution, and commercialization of energy through its many subsidiaries in the Brazilian electricity sector, both in free and regulated markets. As of 31 December 2009, the company had installed generation capacity of 1,737 megawatts; and distributed electricity to approximately 6.6 million consumers. It serves residential, industrial, and commercial customers.

The latest generation THINK City is a purpose-built, all-electric car designed for urban environments. It can travel at highway speeds and cover 160 km on a single charge (via any conventional household outlet).

European production of the THINK City is underway in Finland with manufacturing partner Valmet Automotive, which also assembles the Boxster and Cayman models for Porsche AG. First customer deliveries are taking place across Europe in selected key EV markets such as The Netherlands, Norway, Spain, Sweden, Austria and Switzerland.

THINK also recently announced plans to establish a US production facility during 2011 in Elkhart County, Indiana, and is working with Japanese partner Itochu on developing operations in Asia.