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Geneva: Think Ox
By Yoann Besnard on 10 March 2008 | 
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The Norwegian carmaker has unveiled a new model at Geneva under the the shape of a compact model due to be launched next year.
While the City model hasn’t been on sale everywhere in Europe, the carmaker is working hard on its latest project, the Ox. With this compact model, Think will try to go mainstream by offering a car that can match the characteristics and the performances of a normal compact model.
Technical details remain scarce although Think claims that the Ox can run the 0-62mph in 6.9 seconds and offer a range of 124 miles. The Ox is estimated to weigh in around £26,000 which is a lot compared to any compact model available on the market. However, with rising gas prices, the OX might become an interesting offer as the company claims that 1km will cost £0.76.
If the carmaker announced a launch date sometimes next year, the Ox is far from being built. Indeed, Think wants to establish a partnership with a carmaker to produce the Ox at a large scale. A announcement was expected at Geneva, Think surprised the industry by unveiling another king of announcement, an investment from GE. The American giant has invested £3million in the company and £20million in the battery provider A123 Systems. With such a financial support, Think might finally take off.