After a fresh round of investment, the Norwegian firm plans to bring its small, efficient vehicles back to North America
By Mike Spinelli
Posted 04.24.2008 at 3:49 pm
A Norwegian electric-vehicle manufacturer best known for a Y2K-era commuter-car venture with Ford is plotting a solo return to the states. Flush with cash from Silicon Valley angel investors RockPort Capital Partners and Kleiner Perkins, Caulfield and Byers, THiNK North America plans to start selling a version of its 95-percent-recyclable City car to US buyers starting in 2009. The company also plans to introduce the larger Ox (pictured) by 2010/2011.
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