Think! is revived by the Russians

Fernando Alvarez     27 July 2011     1 min.
Think! is revived by the Russians

The millionaire and all-powerful Boris Zingarevich is the new owner of Think! through the connections his fortune allows him and those he has with the top officials of the Russian government. The truth is that the electric car company has been saved for the third time from disappearing.

Zingarevich has also signed a convenience agreement with Ener1, the former supplier of Think!’s batteries (in which he himself has a stake), and with Valmet Automotive, the manufacturers of the electric car until last April. The agreement commits all three parties to continue the existing business relationship, in order to keep the Think! on the market and give it a second life.


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