• Jul 6, 2011
Think City factory in Elkhart, IN – Click above for high-res image gallery

BD Otomotiv, a sustainable transport group based in Turkey, is reportedly in advanced negotiations with the Norwegian court-appointed trustee of Think Global to rescue the automaker from bankruptcy.

Earlier this week, BD Otomotiv chairman Osman Boyner, released this statement detailing the company's intentions:
Our intentions are simple: to bring Think out of bankruptcy and make it the affordable urban electric vehicle for Europe it was always designed to be. We have the manufacturing capabilities and sales network to do this, and combined with a core group of retained Think talent in Norway, we aim to launch new platforms and the next generation of vehicles if successful in our bid. We know our aspirations are realistic and are extremely hopeful for the future of the brand.
In recent years, BD Otomotiv has focused almost solely on electric transportation. The sustainable transport group owns and operates vehicle production facilities in Turkey and Italy, as well as a recycling plant for automotive batteries. In addition, BD Otomotiv has an extensive network of sales and service centers across Europe and is a distributor of Fisker Automotive and BYD vehicles.

As of right now, it's way too early to tell if BD Otomotiv's attempt to rescue Think will be a success, but you can bet that we'll keep you up-to-date on this developing story.

Photos by Sebastian Blanco / Copyright ©2010 AOL

[Source: Automotive World]

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    • 1 Second Ago
      Jim McL
      • 3 Years Ago
      This is not a surprise. I expected it might be a larger company. Now way a car this good would go down in this EV market. I bet they keep building in Indiana, labor is cheaper than in Finland. I heard confirmation of at least some layoffs in Michigan among Th!nk sales staff, although I know of people still trying to buy the EV. I received a 230 volt portable charger today, from the European market. It is labeled Th!nk and assembled in Sweden but it looks exactly like the Clipper Creek 120 volt unit that came with my US Think except for the color and connectors. Same unit that goes with the Mini E and Smart ED. Odd that Think would have licensed an EVSE, must have been some domestic content rule. I also got custom door gaskets. The early US Think City shipped with Ford door gaskets and they close a tad hard. The custom Think gaskets are supposed to fix that.
      • 3 Years Ago
      As much as I want them to succeed I just don't think they're going to get anywhere with those current models, unless of course they can get the price down to virtually nothing.
        Woody Becker
        • 3 Years Ago
        I thought it was all about saving the planet, or is it more than that?
      Marco Polo
      • 3 Years Ago
      Think, Ottoman! It real is a Turkey ! (sorry, a cheap shot). Actually, Th!nk might just find a home in Turkey. Turkey has a history of successfully buying and reproducing orphaned, and technically oddball brands. I'm sure I'm not alone in wishing BD Otomotiv's Chairman Osman Boyner the best of luck and success with his purchase. The fact that his companies are very experience in batteries is a hopeful sign. Look forward to hearing positive progress from the Levant
      Dan Frederiksen
      • 3 Years Ago
      well, as I said, if the production of the roller isn't too expensive and they put in some cost effective EV parts it can probably work. but if they buy clueless overpriced parts like all before them it wont.
      2 Wheeled Menace
      • 3 Years Ago
      Oh my god O_O
      • 3 Years Ago
      Good news for our friends at EnerDel, Inc.!