Thursday, 28 August 2014
Last updated 1 hour ago
Dec 14 2009 | 2:43pm ET
The Norwegian electric vehicle (EV) producer THINK has re-started production of its THINK City model with manufacturing partner Valmet Automotive in a new facility in Uusikaupunki, Finland.
Valmet Automotive is a leading provider of engineering and manufacturing services to the automotive industry and recently became a THINK shareholder and strategic industrial partner. Last week marked the start of production at Valmet Automotive’s high-tech manufacturing base, which also produces Garia and Fisker alternative-fuel vehicles as well as Porsche AG’s Boxster and Cayman.
Production at Valmet Automotive follows THINK City’s re-capitalization earlier this year and the arrival of new investors. THINK has also won new drivetrain supply contracts.
THINK CEO Richard Canny said in a statement, “This is a very significant day for THINK. We are back in production and I am so pleased that some of our very loyal customers can look forward to delivery of their long-awaited THINK City before Christmas. The order bank stands at around 2,300 vehicles, and our first priority is to deliver to these customers now that our vehicles are rolling off the production line again. Our next priority is to build on this order bank with continued expansion in Europe and around the world.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...