Think Releases List of Top 15 Cities Ready For EVs in U.S. Page 2

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1,276 views Feb 4, 2010

Charging Port: Think City.

The THINK EV-Ready Cities Index takes into account purchase and usage incentives - such as HOV lane access and infrastructure support - for electric vehicles as well as market fit, which includes factors such as hybrid sales, traffic congestion, EPA non-attainment zone status (air quality), and potential lower-carbon energy sources for vehicle recharging. The index was compiled for THINK by ASG Renaissance, a market research and business services firm located in Dearborn, Mich.

The U.S. EV-ready index mirrors one THINK developed for targeting markets in Europe, which recognized Oslo, Copenhagen and Amsterdam as the top-three markets. The company plans to continue to monitor EV-ready factors and periodically update and release its index.

"Ideally, we would like the THINK City to be available throughout the U.S. next year, but in our early commercialization phase, it is important that we first establish a strong concentration of sales in key, highly attractive markets, which support early adoption of sustainable, zero emissions transport solutions," Canny said.

THINK plans to begin selling the THINK City, which will have a top speed of more than 70 miles per hour and a range of more than 100 miles per full charge, in target U.S. cities beginning this year.

THINK EV-Ready Cities Index scorecard

About THINK:

THINK is a pioneer in electric vehicles and a leader in electric vehicle technology, developed and proven over 19 years. It is one of the few companies that are currently producing highway-ready, fully electric vehicles for sale - the THINK City. THINK is also a leader in electric drive-system technology, and was the first to offer a modular and flexible EV drive-train solution in the business-to-business sector. With its Scandinavian origins and sustainability mindset, THINK is one of the most carbon efficient car companies in the world.

THINK has established a U.S. subsidiary - THINK North America, a stand-alone business that will include manufacturing, product development, sales