Norwegian Powered Electric Cars Headed Ashore

According to the Wall Street Journal , a Norwegian Company called Think, formerly a division of Ford is heading ashore to develop Electric Cars to help revolutionize the automotive industry. This Silicon Valley backed company hopes to make inroads in the automotive industry and I think it’s a smart time to invest in companies that are looking to develop green technologies especially with the rising gas prices and national security concerns over our dependence on foreign oil. Norway’s Think Global AS, with backing from U.S. venture capital investors, plans to produce and sell a small all- electric car in the U.S. that could go as far as 110 miles when fully charged – fresh evidence that the race to woo American consumers with electric cars is heating up and drawing interest from the same investors that helped build Silicon Valley.