Think Global – Electric car attracts funds

Norway’s revived electric carmaker, now called “Think Global,” is raising more capital with the goal of producing 10,000 cars a year by 2009. Now Jan-Olaf Willums, chief executive of Think Global, appears to have some solid investors behind him. The firm started rolling again earlier this year, with a line-up including retailing tycoon Stein-Erik Hagen, hotel developer Petter Stordalen and shipping heir Petter Sundt. The goal is to be the world’s leading electric carmaker. Willums said Think needs to produce 10,000 cars a year to be profitable, and will likely make some of the cars overseas. “England, the US, Switzerland and the Netherlands are possible production sites,” he said.
Point Source

Permanent link to this article: https://ascensioncafe.org/blog/2007/07/12/think-global-electric-car-attracts-funds/

Leave a Reply