Electric car maker sees market heating up

Photo: Think.no

That must have rankled Th!nk, the Norwegian electric car company formerly owned by Ford. The Th!nk City, a highway-capable two-seater with a 112-mile range, began rolling off the assembly line in December 2007.

But the company halted production late last year as funding dried up in the wake of the global economic crisis. Th!nk subsequently obtained new financing and announced last week that it would begin selling electric drivetrains powered by lithium-ion batteries from the American manufacturer EnerDel.

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