“The TH!NK city is the world’s only crash-tested and highway-certified EV and is ideal for markets such as California where we will initiate demonstration projects offering an exceptionally safe and fun car to drive” says Jan-Olaf Willums, CEO of Think Global. –“We are therefore proud to partner with the two pioneering investors in the clean tech field and to launch TH!NK city in North America with them.”
The new venture was announced at the 2008 FORTUNE Brainstorm Green Conference held in Pasadena, California, that brought chief executives from all over North America together to talk about the business opportunities of “going green”.
Ray Lane, a Kleiner Perkins Managing Partner and Chairman of TH!NK North America, says, “The transportation industry is undergoing its largest transformation since Henry Ford built the model T. Today we are witnessing a seminal event - the first highway-capable electric vehicle intended for mass production, representing a big step towards a zero emission transportation industry.”
“We believe there is a dramatic shift underway of how people think about mobility. Global consumer demand is forcing industry to come up with sustainable solutions, including the development of zero emission vehicles” says Wilber James, a Managing General Partner of RockPort Capital Partners, and acting President of TH!NK North America.
TH!NK city is an environmental vehicle, emission free and 95 percent recyclable. It reaches a top speed of 100 km (65 miles) per hour and can drive up to 180 km (110 miles) on a single charge.
TH!NK city meets all European and US federal motor vehicle safety requirements.
At the Geneva Motorshow earlier this year, Think announced a strategic partnership with energy giant General Electric, also an investor in Think. At the Show, Think unveiled its future car, the
TH!NK Ox, the first 4/5-seater fully electric vehicle which is slated to begin production in 2010/11.
Think has also established partnerships in the US with battery suppliers A123 and EnerDel.
The TH!NK city is currently produced in Norway and international sales are slated to begin in Scandinavia, with Switzerland and France also being the initial focus areas. Sales other than initial trial and demonstration projects will begin in The North American market in 2009.
Vicki Northrup, an electric car veteran, has been retained by TH!NK North America as Operations Manager and will initially be based out of TH!NK North America’s Menlo Park Office.
Monroe County, New York, will use a Chevrolet Equinox Fuel Cell Electric vehicle as part of their efforts to promote a cleaner and greener environment in the Western New York area. Monroe County becomes the latest member of Chevy's
The 2009 Buick Lucerne sedan will join General Motors' lineup of flex-fuel vehicles that can run on either ordinary gasoline or E85, or any combination of the two.
The Lucerne, the first flex-fuel capable Buick passenger car, will be among more than 15 GM models with flex-fuel capability in 2009, up from 11 offerings this year.
Creating an improved aerodynamic shape for truck trailers by mounting sideskirts can lead to a cut in fuel consumption and emissions of up to as much as 15%. Earlier promising predictions, based on mathematical models and wind tunnel tests by TU Delft, have been confirmed during road tests with an adapted trailer. This means that PART (Platform for Aerodynamic Road Transport), the public-private partnership platform, has produced an application which can immediately be put into production.