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Norwegian EV maker Think files for bankruptcy
Thu, 23 Jun 2011Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.
Infiniti planning to take on Porsche Panamera
Sun, 20 Oct 2013Infiniti planning to make the Essence Concept (pictured) in to a Panamer-like Coupe Back in 2009 – ahead of Infiniti launching in Europe – the Infiniti Essence arrived at the Geneva Motor Show as an illustration of what we could expect to see from Infiniti in the future. That was four years ago, but now it looks like the Essence may be on its way to production – after a slight stretch and the acquisition of a couple of extra doors – after Andy Palmer, Nissan’s VP for Future Products, told Automotive News Infiniti is planning a range-topping flagship to take on the Porsche Panamera. The Essence seems a good starting point for that mission; it’s already a big (over 15′ long) swoopy-coupe with a hybrid powerplant consisting of a 3.7 litre turbo V6 and electric motor combination good for 590bhp.
Koenigsegg Agera R claims world speed records
Sat, 03 Sep 2011Koenigsegg Agera R claims world speed records We are constantly amazed at what the three men in a shed in the snow in Sweden that are Koenigsegg Automotive AB can achieve. All the way from the first Koenigsegg, the CC8S, to the very latest, the Koenigsegg Agera we got up close and personal with at Goodwood this year, and it’s bonkers big brother – the Koenigsegg Agera R. From the CC8S to the Agera R, Christian von Koenigsegg has always trod his own, very particular, path to supercar performance.