Th!nk - The Electric Car Lives
Washington DC June 18, 2008; The AIADA newsletter reported that clean, quiet, and relatively profitable to produce, electric vehicles have yet to gain a hold in the U.S.
But now BusinessWeek says that could soon change.
Think Global, a Norwegian upstart plotting a U.S. invasion via pint-size, affordable electric cars is about to enter the picture. Think has been selling gas-free city cars in Europe and will start peddling them to fuel-crunched Americans in 2009.
The Th!nk Ox, a concept unveiled at the Geneva International Motor Show earlier this year, is a preview of Think's next-generation production vehicle, due out in 2011.
Roughly the size of a Toyota Prius, the Ox can travel between 125 and 155 miles before needing a recharge.
Still, the American market for electric vehicles "is virtually nonexistent," says John O'Dell, a senior editor for car-buying site Edmunds.com. None the less, Think is betting that its focus on innovative manufacturing may ultimately set the company apart from previous attempts—and finally help jump-start the U.S. market for electric cars.
Click Here for BusinessWeek's interactive tour of the Ox.