Th!nk to begin building cars again, sort of
According to the Norwegian news sources, short-term financing should be in place by Tuesday or Wednesday that would allow for a couple months of breathing room and help the troubled automaker to reach agreements with current creditors and hopefully attract some new investment. Although the amount of debt owed by the company wasn't stated, it is said to need at least $29 million to keep going. We hope Th!nk manages pull a Lazarus since its demise would not only make for a gloomy Norway-hosted EVS24 in May but also prove problematic for American battery supplier, Ener1. To help boost spirits in the meantime, we offer up an entertaining bit of bonus video (after the jump) of an original Ford Th!nk making a spirited pass through some cones. Thanks to Sindre for the tip!
[Source: E24 / YouTube]
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