# EV Company Investment: THINK Secures $40 Million

- Link: https://greenlivingguy.com/2010/05/ev-company-investment-think-secures-40-million/
- Published: 2010-05-17T18:52:14-04:00
- Author: greenlivingguy

## THINK EV company Secures $40 Million Investment to Accelerate Growth

In a major funding round, THINK, the electric vehicle (EV) company based in Norway,
secured another $40 million from investors. This investment arrives at a crucial
time. Demand for clean transportation is rising, and THINK plans to meet it head-
on.

### A Pioneer With a Proven Track Record

THINK has led the EV movement for years. Its THINK City model is already driving
on roads across Europe. Built for city life, it offers zero-emission transport in
a compact, efficient form. Because of its strong foundation, investors continue 
to show confidence in THINK’s mission.

### Investment Fuels Global Expansion

With this funding, THINK will expand its [manufacturing footprint](https://greenlivingguy.com/2010/06/thnk-city-lithium-battery-and-range-improvements/).
The company also plans to strengthen its supply chain and increase vehicle production.
At the same time, it will build partnerships to support EV infrastructure growth.
These efforts will position THINK as a global player in sustainable mobility.

![Ev company investment for th Nk A think city electric vehicle plugged into a charging
station beside a modern glass office building in a clean urban plaza](https://i0.
wp.com/greenlivingguy.com/wp-content/uploads/2010/05/94F44B70-DDED-4DDD-A8FA-ECC4682397DB.
png?resize=780%2C520&quality=50&ssl=1 "94F44B70-DDED-4DDD-A8FA-ECC4682397DB - The
Green Living Guy")

THINK Citycompact clean and backed by $40 million in new investment for global growth

### Smart Design for a Cleaner Future

The THINK City is more than just efficient. It’s smart, too. It can travel up to
100 miles per charge and reach speeds of 65 mph. Even better, the vehicle is built
using recyclable materials and advanced lithium-ion batteries. As a result, THINK
offers one of the [greenest cars](https://greenlivingguy.com/2022/02/green-vehicles-changes-in-the-greenest-cars-for-2022/)
on the market.

### EV Company Investment: Strategic Backing Shows Long-Term Confidence

This isn’t the company’s first capital injection. THINK has previously attracted
private equity firms and strategic partners. Several of those same investors returned
for this round. That’s because they believe in the product—and in the company’s 
long-term impact.

### A Broader Vision Beyond Vehicles

So the THINK EV company investment most definitely doesn’t stop at making cars. 
The company also develops partnerships to build out EV charging networks. These 
collaborations support its broader vision for smarter, cleaner transportation ecosystems.
With every move, THINK pushes the industry forward.

### The EV Revolution Keeps Charging Ahead

This $40 million investment signals more than financial support. It reflects growing
trust in the EV market. It also proves that forward-thinking companies like THINK
can lead global change. The road ahead is electric—and THINK is already accelerating.

### Sources

 1. THINK Secures $40 Million in Investment Funding
     Source: Green Car CongressSummary:
    Details the $40 million investment, key backers, and THINK’s plans for scaling 
    production and expanding its global presence.
 2. [THINK City Electric](https://greenlivingguy.com/2011/01/electric-ev-energy-and-the-think-city-revolution/)
    Vehicle Specs and Market Impact
     Source: CleanTechnica Summary: Offers technical
    specifications, range, and design highlights of the THINK City EV, plus insight
    into U.S. market plans.
 3. Electric Vehicle Investment Trends
     [Source](https://www.iea.org/reports/global-ev-outlook-2024):
    International Energy Agency (IEA) – Global EV Outlook Summary: Provides broader
    context on the growing investor confidence in EV technologies, including trends
    in funding and infrastructure development.

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 greenlivingguy

 The Green Living Guy, Seth Leitman is an independent power producer, a green living
expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author,
Radio Host, Reporter, Writer and an Environmental Consultant on green living. The
Green Living Guy writes about green living, green lighting, the green guru guides
and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant
and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric
Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green
Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For 
Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke #
Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power
System by Brian Clark Howard and Kevin Shea # and more green living books to follow.

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