Wednesday, April 23, 2008

Norwegian electric car on way to USA, investors hope - USATODAY.com


Norwegian electric car on way to USA, investors hope - USATODAY.com: "Plans call for a U.S. launch in 2009. The cars will be priced below $25,000.

Kleiner Perkins is teaming with Boston-based RockPort Capital Partners and electric-carmaker Think Global to create a company called Think North America.

Now made in Norway, the Think City — about the size of a Toyota Yaris or Honda Fit — runs on sodium or lithium batteries and can travel up to 110 miles on one charge, making it viable for the average American, who commutes 30 miles a day."

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