Electric vehicle manufacturer Think announced today it has appointed a new board of directors, as a result of the company's recent exit from under protection and its partnership with Ener1, Valmet Automotive and Investinor.
The new board of directors does not affect the company's CEO, Richard Canny, who will continue to run the manufacturer's day-today operations. Otherwise, the board of directors will be headed by Reidar Langmo, founder of Novus Energy Partners, ScanWafer and Renewable Energy Corporation.
“Our new Board brings together an outstanding balance of automotive, EV and clean-tech experts – a team with real hands-on experience in founding and growing successful businesses. It’s the ideal structure to help guide the company as it enters this phase of rapid growth, building on its leading market position in the European EV market, and simultaneously establishing its place in the US market,” Reidar Langmo said in a release announcing the new appointments.
The board will be comprised of the following members:
“The newly formed board concludes an important phase of re-structuring for Think. Our focus now is to build on the foundations recently completed with the $47m capital raise, the strategic alliance in Europe with Valmet Automotive for manufacturing engineering, production and further product development, our new partnership with Ener1 Inc for supply of ‘plug and play’ EV power-trains, and importantly, the growing order bank of over 2,300 for the Think City,” the company's CEO, Richard Canny concluded.
The new board of directors does not affect the company's CEO, Richard Canny, who will continue to run the manufacturer's day-today operations. Otherwise, the board of directors will be headed by Reidar Langmo, founder of Novus Energy Partners, ScanWafer and Renewable Energy Corporation.
“Our new Board brings together an outstanding balance of automotive, EV and clean-tech experts – a team with real hands-on experience in founding and growing successful businesses. It’s the ideal structure to help guide the company as it enters this phase of rapid growth, building on its leading market position in the European EV market, and simultaneously establishing its place in the US market,” Reidar Langmo said in a release announcing the new appointments.
The board will be comprised of the following members:
- Ken Baker, former GM Electric Vehicles program manager
- Steinar Fossen, representative of the Norwegian government's capital fund
- Charles Gassenheimer, Ener1 CEO
- William James, founder RockPort Capital Partners
- Ulrich Thum, former Fiat Switzerland president
“The newly formed board concludes an important phase of re-structuring for Think. Our focus now is to build on the foundations recently completed with the $47m capital raise, the strategic alliance in Europe with Valmet Automotive for manufacturing engineering, production and further product development, our new partnership with Ener1 Inc for supply of ‘plug and play’ EV power-trains, and importantly, the growing order bank of over 2,300 for the Think City,” the company's CEO, Richard Canny concluded.