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2011 Think City

Bankruptcy Brings This EV's Range To Zero 2011 Think City - Click above for high-res image gallery We're all passionate about saving the world, but the amount of enthusiasm we each have is different for everybody. What's your passion level? Let's turn the question into a sliding scale; on one end sits, say, BP, while on the other end, we find Ed Begley Jr. It's a big scale. If you find yourself edging close to the Begley side of the spectrum, you're no doubt paying attention to the fresh crop of all-electric cars on the market. Electric automaker Think hopes you've been paying... Read More

Vital Stats

Engine:
34-37 kW Traction Motor
Power:
50 HP / 66 LB-FT
Transmission:
One-Speed
MSRP:
$35,495
  • 0
    MISC Think City
    EnerDel still in battery business, now working with Purdue on li-ion research
    1349122200

    You can't say EnerDel isn't still giving it the old college try. In this case, the Indianapolis-based company is making its presence felt at Purdue University, about 65 miles away. EnerDel is giving the university's College of Technology a collection of lithium-ion battery cells and research data worth about $263,000. The gift complements the $4.7 ...

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    MISC Think City
    Donated Think EVs idled because of improper recharging?
    1333917120

    "So about those free cars you donated to us..." The city government of Evansville, IN, which was given five all-electric City cars by now-bankrupt electric-vehicle maker Think USA, says that only one is functional because the other four vehicles' computer memories were erased because of improper recharging, the city's NBC affiliate reported on its ...

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    MISC Think City
    America's RV capitol rebounds but number of Think EV workers drops to just two
    1331167440

    Remember when the U.S. capital of RV production, Elkhart, IN was going to escape the doldrums that the decline of the motor home industry brought on by shifting over to building electric cars? Not so fast. As NPR reports, rising demand for RVs has helped boost employment in Elkhart, IN, while the number of workers at the factory building Think electric ...

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    MISC Think City
    Ener1 plans to emerge from bankruptcy in March with $86 million equity infusion
    1330714560

    Lithium-ion battery maker Ener1, which filed for bankruptcy in late January, plans to emerge from its Chapter 11 status by mid-March with the help of $86 million in new equity and debt-holder agreements to restructure their debt on the company. Ener1, whose own investments include a stake in now-bankrupt battery-electric-vehicle maker Think, said in a ...

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    MISC Think City
    Think may be bankrupt, but cars are still available
    1329082260

    If you were smitten by the little electric Think City and thought the company's recent bankruptcy put the kibosh on your chances of ever owning one of the plastic-paneled car, then *ahem, think again. It seems there are still some of the city runabouts to be had if you look in the right place. One such location is Green Wheels in Chicago, IL. The ...

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    MISC Think City
    Ener1 files for bankruptcy, agrees to restructure $81 million in debt *UPDATE
    1327964640

    Ener1, a maker of lithium-ion batteries for electric-drive vehicles and a major investor in now-bankrupt electric-vehicle maker Think, has gone bankrupt itself. Ener1, which was also making batteries for the Norwegian automaker, said late last week that as much as $81 million in debt will be restructured (see below) as part of its Chapter 11 filing. The ...

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    MISC Think City
    Ener1 to be booted from NASDAQ stock exchange
    1320084540

    Looks like things that were bad with Ener1 (and the Think City electric car) are about to go to worse. After a string of bad news (see here, here, here and here), the latest shoe to drop is the news that the NASDAQ suspended Ener1 from the stock exchange. The fight has apparently gone out of Ener1, since the company said it has no plans to appeal and will ...

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    MISC Think City
    Battery maker EnerDel under fire over Think claims
    1319150580

    When electric vehicle maker Think filed for bankruptcy last spring, it owed millions of dollars to EnerDel subsidiary Ener1. Ener1 was also a major investor in Think and a lot of the company's worth was tied up with the Norwegian EV maker. Any way you slice it, Think's failure put Ener1 in a bind. They were unable to collect on their debts, and their ...

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    MISC Think City
    Executive shake-up underway at Ener1 as CEO resigns
    1317405840

    The bankruptcy of Think Global is dragging Ener1 down even more, so an executive shake-up, it seems, is in order. Ener1 announced changes to its senior leadership team this week, including the resignation of Charles Gassenheimer, the man formerly in charge as the Chief Executive Officer of Ener1. The president of Ener1 and CEO of EnerDel, Christopher ...

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    MISC Think City
    Think Global bankruptcy drags Ener1 down
    1313592840

    Ener1, a pioneer of lithium-ion batteries for plug-in vehicles, has warned that it might not have sufficient funds to remain operational as a result of losses from its investment in Think Global, a Norwegian automaker that declared bankruptcy in late June. In a regulatory filing on Tuesday, New York-based Ener1 announced its restated financial results. ...

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    MISC Think City
    Report: Think purchased by Russian Boris Zingarevich
    1311090900

    Here's a twist. After Think filed once again for bankruptcy, rumors floated around that Turkey's BD Otomotiv was interested in buying the Norwegian electric car company. Those have quieted down, but Ener1, the battery maker that was invested in the automaker, is Think's largest creditor and is trying to recover around $32 million in unpaid loans and ...

  • 0
    MISC Think City
    BD Otomotiv to rescue Think Global from bankruptcy?
    1309973700

    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: In recent years, BD Otomotiv has ...

  • 0
    MISC Think City
    Review: 2011 Think City
    1309305420

    Bankruptcy Brings This EV's Range To Zero We're all passionate about saving the world, but the amount of enthusiasm we each have is different for everybody. What's your passion level? Let's turn the question into a sliding scale; on one end sits, say, BP, while on the other end, we find Ed Begley Jr. It's a big scale. If you find yourself edging close ...

  • 0
    MISC Think City
    Quick Spin: 2011 Think City
    1309190220

    Bankruptcy Brings This EV's Range To Zero We're all passionate about saving the world, but the amount of enthusiasm we each have is different for everybody. What's your passion level? Let's turn the question into a sliding scale; on one end sits, say, BP, while on the other end, we find Ed Begley Jr. It's a big scale. If you find yourself edging close ...

  • 0
    MISC Think City
    Will the Think bankruptcy affect operations in Elkhart, IN?
    1308952980

    The bankruptcy filing by Think Global makes us question the future of Think's only North American factory. Located in Elkhart, IN, Think's U.S. production site was initially touted as an economic boost for an area hammered by job loss in the recreational vehicle industry. Think's grand scheme called for its Elkhart crew to work 10-hour shifts, seven ...

  • 0
    MISC Think City
    Inside the Think bankruptcy: was the plastic electric too late, too expensive?
    1308844200

    On the one hand, the fact that Think needed to file for bankruptcy – again – yesterday was not a big surprise. The company has had a hard time selling its plasticky two-seat commuter car in a world that also includes the cheaper, better-equipped Nissan Leaf. The Think City starts at $36,495 in the U.S. (but a strange combination of incentives ...

  • 0
    MISC Think City
    Report: Think Global files for bankruptcy
    1308766920

    When Ener1 abruptly ended its four-year-long deal with Think Global, saying that its investment was "impaired," we had reason to worry. Now comes word that the struggles continue to mount at Think Global and that the automaker has filed for bankruptcy. Again. According to a statement released by Ener1, Think Global will liquidate its assets in an attempt ...

  • 0
    MISC Think City
    Report: Think Global files for bankruptcy
    1308765420

    When Ener1 abruptly ended its four-year-long deal with Think Global, saying that its investment was "impaired," we had reason to worry. Now comes word that the struggles continue to mount at Think Global and that the automaker has filed for bankruptcy. Again. According to a statement released by Ener1, Think Global will liquidate its assets in an attempt ...

  • 0
    MISC Think City
    Think says GSA electric vehicle contract is "game changing"
    1306965720

    Are you ready for Think's so-called "significant announcement?" Ready or not, here it is: That announcement sort of squashes rumors that Think either landed a major investor, would make management changes, revise its production goals or even ink out a joint venture. Lizabeth Ardisana, Think's director of sales, says that: Let us hope that this ...

  • 0
    MISC Think City
    Think to make "significant announcement" within "10 days"
    1305932100

    In mid-April, Valmet Automotive halted production of the electric Think City. At the time, a Think spokesperson told us that: Then, in early May, Ener1 abruptly ended its deal with Think, saying that the investment was "impaired." On Thursday, Think North America spokesman, Brendan Prebo, told Green Car Reports that, given that Think sells vehicles ...

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