PHOTO CAPTION: Valmet employees flank 2500th Think electric car.

Th!nk Builds 2,500th Electric Car

Company plans to launch U.S. market in late 2012.

Published: 11-Oct-2010

OSLO, Norway -- THINK, the world’s leading dedicated electric vehicle manufacturer, announces the production of the 2,500th unit of the THINK City pure electric vehicle, designed for urban use.

“This milestone event further solidifies the THINK City as the best-selling electric car in the world today,” commented THINK CEO Barry Engle.

The 2,500th City came off the assembly line today at Oslo-based THINK’s production facility in Europe, where the vehicle has been fully highway safety certified since 1999. THINK engineers estimate that the City has accumulated 35 million zero-emissions road miles to date. The company has begun preparations to build the sturdy and reliable two-seat commuter at a plant in the American heartland in Elkhart, Indiana and plans to launch fleet and retail sales in December.

“Bringing this well-established electric nameplate to America for the first time is a landmark event in THINK’s long history,” added Engle. “As electric transportation goes mainstream, the U.S. stands to become the largest electric car market in the world. We expect the tried-and-tested City to be among the most visible EVs on America’s streets and highways in the very near future.”

THINK has been a unique innovator in pure electric vehicle and power-train technology for nearly twenty years, positioning the company as a world-leader in producing cars on a dedicated electric platform. The City can maintain speeds of 70 miles per hour and travel up to 100 miles on a single charge.

The THINK City model is currently in its second production version. A third version is scheduled to be produced in the U.S. and come on the market in late 2012. European production of the City takes place in Finland at the renowned contract manufacturer Valmet Automotive, which also assembles the Cayman model for Porsche AG.

About THINK:
THINK is a pioneer in electric vehicles and a leader in electric vehicle technology, developed and proven over 20 years. This heritage gives THINK a head start with nearly 10,000 electric vehicles on the road and more than 56 million kilometres (35 million miles) of customer experience. The THINK City, the first EV to be granted pan–European regulatory safety approval, is sold across Europe, with sales and production about to start in the US and operations being developed in Asia.

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