"History is a wonderful thing, if only it was true"
-Tolstoy

Thursday, June 23, 2011

What can happen to hype

Can Think's electric car revolutionize the auto industry? - August 1, 2007

"There is a fundamental shift happening that is going to require new business models," says Ed Kjaer, an electric vehicle veteran who runs the EV program for Southern California Edison. "The timing is right. We are on a path now toward electric cars, and there is no going back."


Norwegian EV maker Think files for bankruptcy - AutoWeek: today


"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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