Automotive Industry
Industry: Email Alert RSS FeedFord reTh!nks electric cars.(News)
Automotive News Europe, September, 2002 by Wernle, Bradford
Byline: Bradford Wernle Automotive News Europe
Ford is killing battery-powered electric cars in favor of fuel-cell technology, with a task force deciding the fate of its Norwegian Th!nk factory.
The factory in Aurskog is still open, though its 111 employees are not producing any vehicles, said Tim Holmes, spokesman for Ford of Europe. A task force headed by Ford's European sales chief Ingvar Sviggum should decide on a course of action by the end of the month, he said.
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Ford had big hopes for its Th!nk venture when it bought the Norwegian company in 1999. Former CEO Jac ...
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