Automakers

Norwegian EV maker Think files for bankruptcy

European production of the Think City stopped in March. Just 1,043 units of the electric minicar were sold in 2010.
DA
By:
Douglas A. Bolduc
June 22, 2011 05:00 AM

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history.

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