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Think, again: Norwegian electric-car maker looks for U.S. plant
Thu, 12 Mar 2009Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.
Concept Car of the Week: Volkswagen Microbus (2001)
Fri, 18 Oct 2013The turn of the millennium seemed to induce a feeling of nostalgia among car manufacturers and with it a plethora of heritage/retro designs, including the new Mini, new Ford Mustang and Nissan Z. Following the runaway success of its New Beetle, which probably started the trend, VW asked itself whether it could enjoy the same success with a modern interpretation of the legendary T1 Microbus. Designed at the surf-central design studio in Simi Valley, California, the Microbus Concept took ample inspiration from its distant ancestor, but was modernized in every way.
Tesla gives away its electric car secrets for free
Fri, 13 Jun 2014Tesla Elon Musk, the CEO of the pioneering electric carmaker Tesla, has announced that the company is to "open source" all its technology patents in order to speed up the progress of electric car development. In an extraordinary press statement entitled 'All our patents are belong to you' – a reference to online memes and gaming culture, in case you were wondering – Musk has categorically stated that Tesla will not challenge any company that takes advantage of its technology when building rival electric cars. Tesla gives away electric car technology: will not sue Having recently reviewed the Tesla Model S, this sounds great news for the future of the electric car, but commercial suicide for Tesla as a business.