Norway Electric Car Maker Think Plans U.S. Plant

Norwegian electric car maker Think aims to open a manufacturing plant in the United States to produce 16,000 cars per year in the first phase and more later, the company said on Thursday.

“U.S. production is expected to start in 2010,” Think said in a statement, estimating first-year volume at 2,500 units.
“Plans ultimately call for up to 900 employees and a capacity of 60,000 electric vehicles per year,” said the company which currently operates a production facility near Oslo in Norway with a capacity of 16,000 units per year.

The United States is overtaking Europe as an attractive market for electric vehicles and is an ideal location to engineer and build them, Think Chief Executive Richard Canny said in the statement.

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