Kamkorp Microelectronics, part of the Kamkorp Group of Switzerland, says it specializes in the development and production of advanced electric- and hybrid operating systems. Its business development director, Bernd Winkler, claimed in a statement over the weekend that Kamkorp looked forward to take over a company that "Ford has built up over the past four years."
Winkler said an operating system developed by Kamkorp "matches perfectly with Think Nordic's goals." Kamkorp also has bought the rights to use the brand names "TH!NK" and "City."
The plant at Aurskog and its staff will remain in place, Winkler said. "We bought Think Nordic because of our strong belief in electric cars, an excellent product, and because of the accomplishments and knowledge of the employees," he said.
He said Kamkorp's plan is to continue to develop and produce Think cars in Norway. The next few months, he noted, will be largely devoted to strategy sessions. It's thought those session will likely include efforts to continue exports of the cars to the US, where they have lots of fans.
The "Think City" model has an active and enthusiastic market in California, where a limited number of cars have been available for lease. Many drivers, in letters to Aftenposten, have expressed their desire to buy the cars and rave about their service and reliability.
Both engineers at Think Nordic and a representative for the employees, Christian Bech, said they were grateful for Ford's support.
"Ford has worked very hard and supported us wholeheartedly during a difficult time," said Bech. "Now we've fortunately arrived at a good solution and we look forward to show our new owners what we can do."