Think investment is driving Ener1 off a cliff

Battery maker Ener1 already was forced to write down a $59.4 million impairment charge for its investment in electric vehicle maker Think. But now it’s time for Ener1 to report its latest earnings and the Think problem is still weighing down the company.

The Think City’s U.S. Price & Launch Plans

Norwegian electric car maker Think has been slowly unveiling details about its plans to sell the Think City in the U.S.: At $34,000 (before subsidies) it’ll be available via 3 to 5 stores in San Francisco, Southern California, New York, Washington DC and Indianapolis.

Crunch Time for Think’s U.S. Ambitions

For Scandinavian electric car maker Think, the moment of truth for its U.S. ambitions could be a mere months away. When it comes to financing a planned factory in Indiana, Think’s CMO Michael Lock told us that everything rides on federal support.

EnerDel's Batteries Landing on Japan's Grid, Vehicles

Through a partnership with Japan’s conglomerate Itochu, EnerDel, is a subsidiary of Ener1, is the exclusive battery supplier for Think City electric vehicles, and has been building a battery factory in Indiana with the help of funds from the U.S. Department of Energy.

Think Adds $40M for Electric Cars, Ener1 Ups Investment

Norwegian electric car maker Think has just brought on $40 million in equity investment — enough, the automaker says, to become cash flow positive in 2011. But a key step en route to the company’s planned U.S. expansion remains incomplete: securing government funds.