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Monday, 30 January 2012

government-backed Indianapolis battery-maker that was to supply Think declared bankruptcy on ThursdayIf the 'Think' name sounds a little familiar, it came rolling in on the EV bubble back in 2008; Think Global announced a strategic partnership with General Electric on March 5, 2008 and GE has also become a significant investor in Think Global. Also, on April 22, 2008 Think Global announced plans to create Think North America for sales and eventual production of Think City's in the United States. Now the Chicago Tribune reports that a Russian investor who recently purchased the bankrupt parent of the Think electric car company has been silent about its future. And government-backed Indianapolis battery-maker that was to supply Think declared bankruptcy on Thursday. ...

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