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Power Toys Technology

Small Electric Car May Usher In Big Changes 575

An anonymous reader sends us to a profile in CNNMoney.com on a Norwegian car company that is building a compact, plug-in electric car, the Think City, that will go on sale in Europe early next year. It could hit US markets in 2009. The CEO is working with Silicon Valley VCs and with Google, Tesla Motors, PG&E, and Dean Kamen, inventor of the Segway. Plans are to sell the car only on the Web. No dealers, cheap manufacturing plants, and a battery pack that you lease, not buy — there's potential here for shaking up the auto industry the way Dell did PCs.
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Small Electric Car May Usher In Big Changes

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