To: RetiredNow who wrote (788 ) 7/21/2008 9:45:37 AM From: RetiredNow Respond to of 86355 TH!NK city Debuts in UK 21 July 2008 The TH!NK city electric vehicle made its debut at the 2008 British International Motor Show in London. The two-seater urban car has a top speed of 65 mph and a range of 126 miles in city driving on a single charge. Charging the batteries from 20% capacity to 80% takes four hours. (Earlier post.) The TH!NK city accelerates from zero to 30 mph in 6.5 seconds and to 50 mph in 16 seconds. It requires just an overnight top-up of electricity and can travel for 126 miles in city driving on a fully charged battery. Production started this year in Norway, and the first batch of right-hand drive cars will be delivered to UK customers in summer 2009. Prices of the TH!NK city will be announced closer to the on-sale date. The TH!NK city is the sixth-generation electric vehicle that has been produced in Norway. Series production of the newly designed TH!NK city car recently started and the first cars have been delivered to Norwegian customers. Currently, cars are being produced at a rate of three to five a day, rising to 20 a day in the next six months. The capacity of Think’s first assembly plant in Aurskog, outside Oslo, is presently being increased to 10,000 cars per year. Think plans to increase its production capacity with new assembly plants in the USA, Continental Europe and Asia in the next two years. In April this year, Think established TH!NK North America in partnership with RockPort Capital Partners and Kleiner Perkins, Caufield and Byers. Sales other than initial trial and demonstration projects will begin in the North American market in 2009. At the Geneva Motor Show earlier this year, Think announced a strategic partnership with General Electric, also an investor in Think. Think has also established partnerships in the US with lithium-based battery suppliers A123 Systems and EnerDel.