The car will be named Think City, is a two-seater with a top speed of about 65 mph. It will operate on sodium batteries and is 95 percent recyclable.
“It’s a mass-market vehicle,” Ray Lane of venture capital firm Kleiner, Perkins, Caufield & Byers to the AP. “Our desire is to be selling 30-40-50,000 of these cars in a couple of years.”
Think Chief Executive Jan-Olaf Willums said test vehicles will be brought to the U.S. in coming months.
Ford Motor Co. owned Think for five years, leasing vehicles in the U.S. before selling the company in 2004.
Nissan Motor Co. and Mitsubishi Motor Co., have announced plans to make all-electric cars.
James Raia
A sports, travel and business journalist for more than 45 years, James has written the new car review column The Weekly Driver since 2004. In addition to founding this site in 2004, James writes a Sunday automotive column for The San Jose Mercury and East Bay Times in Walnut Creek, Calif., and monthly auto review and wellness columns for Gulfshore Business, a magazine in Southwest Florida. An author and contributor to many newspapers, magazines and online publications, co-hosted The Weekly Driver Podcast from 2017 to 2024.