It looks like the end of a long and winding road for Think, the pioneering Norwegian electric carmaker.
On Wednesday, the Oslo-based company filed for bankruptcy protection in Norway and a court-appointed trustee assumed control of Think’s business, according to Debra Salem, a spokeswoman for its U.S. subsidiary.
“Think filed for bankruptcy after failing to attract adequate capital to continue funding operations,” Salem said in an email.
Read the entire article at Forbes Magazine
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