Ford Motor Co. has acquired a 51% stake in Norwegian-based Pivco Industries Ltd., maker of a 2-passenger electric vehicle that uses nickel cadmium batteries called the TH!NK. The plastic-bodied car will be sold in four Nordic countries (Finland, Denmark, Norway and Sweden). Ford officials say a second-generation model will be developed, and possibly even a third, that could be sold in North America and other export markets. “We will be launching it in Europe initially,” says Jac Nasser, ...
Premium Content (PAID Subscription Required)
"Ford invests in Norwegian company" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642