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Electric carmaker Th!nk was denied its request to the Norwegian government for loan guarantees to weather the current economic crisis. The denial may have sealed the company’s fate. Th!nk requested an estimated $15 to $30 million bailout. According to the company, those short-term guarantees, plus a temporary work stoppage and a layoff of 50 to […]

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Th!nk, the Norwegian electric carmaker, secured funding from two U.S. venture capital firms to bring its business to North America. The financial backing—from Silicon Valley-based Kleiner Perkins Caufield & Byers and Boston-based Rockport Capital Partners—will allow Th!nk to set up shop in Menlo Park, California under the banner Th!nk North America. The company’s first production […]

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As the Bard might have put it, “That which we call an all-electric emissions-free vehicle, by any other name would drive as sweet.” To gain mainstream acceptance by mainstream car buyers, electric cars will face all kinds of real economic and technical challenges—such as limited driving range, hefty price premiums, and lack of charging stations. […]

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Norway-based electric carmaker Think received more than its share of buzz last week as the company announced plans to produce its small all-electric vehicle in the United States. But what the company wants is a share of the $25 billion in Department of Energy loans set aside to promote advanced technology vehicles. Before the company […]

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The week of December 15 started out with grim news for hybrid production, and didn’t get much better. Toyota Delays US-Prius On Monday, Toyota announced that it had indefinitely postponed plans to build the Toyota Prius at a new factory currently under construction in Blue Springs, Miss. Just a few months ago, the Prius was […]

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Europeans are far ahead of North Americans in eco-awareness, and it’s most evident at auto shows. This year’s British International Motor Show, July 23 to August 3, is a perfect example. Despite the UK’s traditional abundance of small supercar-makers and its luxury brands, the popular market seems now to be all about green cars—specifically those […]

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Newsletter Archive Index~~~ Hybrid Cars Newsletter: Issue No. 0028 ~~~ Moderator: Bradley Berman [brad@hybridcars.com] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ IN THIS ISSUE: Announcing the AutoFutureTech 2007 ConferenceDetroit. The birthplace of the automobile. Nowhere else in the world will the profound changes in automotive technology be felt as strongly and as immediately. Companies with vision who are first to adapt […]

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