Effectively, this puts Think back in business and in a position to resume normal operations in terms of the manufacture and sale of new electric vehicles (EVs), namely, its latest TH!NK City model.
Think CEO Richard Canny said: “This court ruling completes the final step in our return to normal operations. It is an important day for Think, and we would like to thank our creditors and suppliers for their continued support, and to show our appreciation to Think’s very patient and loyal customers – this means we can re-start production of the TH!NK City as soon as possible.”
The TH!NK City is the company’s latest generation EV, and is one of the few ready-to-market fully electric vehicles available in the world today. With its market-leading 180km range, class-leading 100km/h performance and safety attributes, the TH!NK City is the first vehicle of its type to be granted pan-European regulatory safety approval and CE certification.
