cars

Think is a Oslo-based car company that makes electric-cars. Last month, It rolled out its first electric car for European market from its plant in Finland. Think chief executive announced that they will be building their first car in December, 2011 at the newly constructed plant in Indiana.

The new subcompact electric car is currently being called “Think City”. Company is planning to sell the first car in U.S. as early as October, 2010. These early models will be imported from Finland. These cars will be followed by production of U.S. produced cars in January, 2011. Mr. Richard Canny, CEO of Think has been quoted as a source of above information.

Think is likely to make an investment of around $50 million at its assembly plant in Elkhart County, Indiana. The auto manufacturer is expecting to get around $20 million in subsidy from U. S. Government in shape of tax incentives and human resource development funds.

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