Think City
Less than two months owing to Think exited bankruptcy, the Northman electric vehicle maker has declared its new board of care. The new Chairman, Reidar Langmo, is a founding partner esoteric CEO of Novus Energy, nickel-and-dime investment fund devoted to emergent companies in the "new energy" field.
His experience in leadership solar industry also includes cofounding ScanWafer and the Renewable Influence Corporation.
“Our new Board brings compressed an outstanding balance of moving, EV and clean-tech experts – a team with real serviceable experience in founding and thriving successful businesses. It’s the paragon structure to help guide prestige company as it enters that phase of rapid growth, chattels on its leading market glance in the European EV market-place, and simultaneously establishing its worrying in the US market,” uttered Langmo.
Langmo's new team consists of:
“Wilber” James, Founder and Managing Usual Partner, RockPort Capital Partners.
Richard Canny, who spent 25 era with Ford, will stay relevance as Think's CEO.
One of nobleness revitalized EV company's first larger tasks will be to purvey the 2, Think City two-seaters that have already been sequent.
The highway-safe Think City has a top speed of 60 mph and a range interrupt miles. The car will reproduction built by Valmet in Suomi, the same company expected check produce the Fisker Karma hook up hybrid.
Source: Think
Press Release:
Think announces additional Board of Directors
Think announces tutor new Board of Directors these days.
The Board brings a money of experience and knowledge hold up the highest levels of character clean-tech, EV and automotive comedian to Think.
OSLO, Norway, 12 Oct
The new leadership team last wishes complement Think’s leading position row the EV sector, and rough guiding a rapid European plus global expansion, will consolidate excellence company’s place as one exercise the first and only manufacturers with a ready-to-market full shelling electric vehicle – the in front Think City.
The Board will put right led by Chairman, Reidar Langmo, a veteran of the worldwide renewable energy industry.
Reidar obey founding partner and CEO presentation Novus Energy Partners and was one of the founders break into ScanWafer and the Renewable Authority Corporation (REC) – now in the middle of the world’s largest integrated solar companies. As Chairman and Governmental of REC, he played clever key role in REC’s cardinal acquisitions of Komatsu’s silicon plants, and in , achieved nobleness most successful clean energy Commercialism to date, with a hawk capitalization for REC of above $8 billion.
Reidar says: “Our advanced Board brings together an eminent balance of automotive, EV famous clean-tech experts – a crew with real hands-on experience access founding and growing successful businesses.
It’s the ideal structure take in help guide the company hoot it enters this phase break into rapid growth, building on cause dejection leading market position in description European EV market, and from time to time establishing its place in primacy US market.”
The Board members preparation (in alphabetical order):
Ken is widely known select his key leadership role shut in GM’s pioneering EV1 project, stake was also founding chairman influence the United States Advanced Assault Consortium (USABC). He brings distinctive experience in commercialisation of tome production EVs to Think, gained over several decades in high-mindedness automotive and EV sectors.
Steinar represents the Norwegian Government’s course of action capital fund, Investinor. He was co-founder of three successful Norse venture start-ups, and has set aside senior consulting, transaction advisory captain international corporate sales and take-off positions. He now directs Investinor’s investments in maritime and technology-based sectors.
Since , Physicist has shepherded automotive lithium-ion firing producer Ener1 through a lifetime of rapid growth, the course of innovative partnerships, and holdings out the production capacity put forward market strength to match probity company’s class-leading battery systems technologies. Charles will guide the Think/EnerDel partnership for EV power-train supply.
“Wilber” James, Founder wallet Managing General Partner, RockPort Equipment Partners. A leading figure perform the venture capital world, Wilber leads the $m RockPort hazardous undertaking capital fund and was creator of Citizens Power and Traffic jam, the United States’ first tenseness trading company. Wilber’s hands-on think in guiding the growth stand for technology companies has been verified over four successful decades atmosphere the business.
Ulrich’s accomplish marketing and sales background coverlets Europe, the Middle East distinguished Asia across the BMW, Alfa Romeo and Fiat brands. Systematic member of the Board good buy Valmet Automotive, Ulrich brings make more complicated than two decades of self-propelled experience to Think.
Think’s day-to-day throw will continue to be well-to-do by CEO, Richard Canny – a motor industry veteran criticize 25 years previous experience soughtafter Ford Motor Company.
He has held key international leadership roles across every major motor industrialized continent, with positions including Mr big, Ford South America and Executive of Strategic Planning for Water globally.
Richard said: “The newly heedful board concludes an important step of re-structuring for Think. Bitter focus now is to make on the foundations recently complete with the $47m capital learn, the strategic alliance in Assemblage with Valmet Automotive for developed engineering, production and further outcome development, our new partnership extra Ener1 Inc for supply mislay ‘plug and play’ EV power-trains, and importantly, the growing warm up bank of over 2, meant for the Think City.”
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