The Th!nk City in North-America

More news about the Th!nk City have been coming in since we last talked about it in April. The EV that really drives like a car will be sold for a rumored sub-$25 000 price point in showrooms across North-America in 2009. They plan to be selling 50,000 vehicles a year. Th!nk and its financial backers have realized it doesn’t make a lot of sense to be shipping so many cars across the expanse of the Atlantic Ocean, especially when those cars have been constructed with labor paid for in euros. So what they want to do now is to manufacture the car in the United-States or in Mexico. This is a good idea since two of the three battery options to be made available will be supplied by Enerdel and A123 Systems, both American companies. The reasons for keeping production solely in Norway vanishes.

To that end, Th!nk’s American executives, based in Menlo Park, CA, are out shopping for a place to set up shop.
According to the Wall Street Journal, investment incentives, such as tax breaks from municipalities and states are among the criteria they will be considering. We suggest they choose a site with lots of room for expansion as they will need the extra real estate to begin manufacturing their Th!nk Ox model in late 2010.

Via: AutoBlogGreen