Think Global, a Norwegian automaker plans to sell in the United States an electric car that goes 110 miles (177 kilometers) without a charge and costs less than $25,000. The first model will go on sale by the end of 2009.
The car, named Think City, is a two-seater with a top speed of about 65 mph (104 kilometer), the company said. It runs on sodium batteries and is 95 percent recyclable. It’s "a mass-market vehicle," said Ray Lane of venture capital firm Kleiner, Perkins, Caufield & Byers. "Our desire is to be selling 30- to 40- to 50,000 of these cars in a couple of years."
A few testing vehiclea will be brought to the U.S. in coming months.