Norway's Think Global has received $60 million more in advance of the launch of its electric town car later this fall.
The company hopes to resurrect an electric town car created and later abandoned by Ford. Ford spent over $50 million designing and testing the car. The company will release the car in Norway and England in the fall and perhaps bring it to the states in 2008.
Think already raised $25 million. New investors include Rockport Capital Partners and DFJ Element.
Think's car won't be for everyone. Although it can be driven at freeway speeds, it … Read more