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Ford Sells Th!nk (20/12/02)
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Ford's
announcement, four months ago, that it would halt its investment in
battery-powered electric vehicles hasn't turned out to be the end
of the road for the Th!nk City range. Th!nk Nordic, the company created
when Ford took over the Norwegian-owned PIVCO business in 1999, is
being sold to Kamkorp Microelectronics of Switzerland, which will
keep the Aurskog factory in operation.
The Kamkorp group's headquarters are in Singapore, but its flagship
company is Surrey-based Frazer-Nash Research, the modern manifestation
of a famous name from the days of vintage motoring in the chain-gang
style. Current designs include golf carts, delivery vans and city
cars, all electrically powered, as well as solar-assisted vehicles
for the Sydney Olympic Games.
Ford, of course, may have given up on storage battery power, but
is concentrating on fuel cell technology instead.
CARkeys
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