Questions related to TH!NK cityFrom: Trym Helbostad trym.helbostad@ think.no
To: etimes@ teleport.com

Friday, July 04, 2003

Questions related to TH!NK city

Dear Bruce,

We're very pleased you want to see and know more of our next model of TH!NK
city, but I'm afraid you need to be patient with us.

As you probably know, Kamkorp Microelectronics Inc completed the contract
with Ford Motor Company. This means we'll use the first time together to
implement Kamkorps modern technology and a Frazer Nash developed drive train
in our new model of TH!NK city. Therefore we have to come back to you for
further updates on launch date, pricing, potential establishment of
dealerships etc. in selected markets. However, our objective is to create a
top modern environmental friendly vehicle.

The technical specifications are not settled yet, but we're aiming for a
two-seater, electric vehicle with a driving range up to 125 km and a top
speed of 62 mph. In addition to meeting all European safety demands the new
car also complies with the American authorities´ demands in terms of car
safety. The car is considerably better equipped than before, including
amongst other things, power steering, ABS braking, airbags on both the
driver and passenger sides, air-conditioning, electric windows and mirrors
and central locking.

The existing model of TH!NK city is no longer for sale in North America, as
production of the model has stopped. In total we produced 1.005 units. We're
now preparing for starting production of the new model here in Norway, but
I'm sorry I can't give you an exact date for when production will re-start.

When it comes to help from the Norwegian government, their last effort was
to open bus lanes for EVs from July 1st. This incentive applies for the area
in and around Norways capital, Oslo (with app. 500 EVs registered in this
area). Think Nordic is very pleased with the incentives from the Norwegian
government, now EV-drivers don't only save the environment and money, they
also save time to and from work. What the Norwegian government could have
done better, is to buy EVs themselves.
We therefore kindly ask for your patience and understanding during this
planning period. Please look into http://www.thinkev.com as business
develops. Please visit this link to see more images of the new TH!NK city:

http://www.multinett.no/reinert/bilder/think/thinkenglish.html
<<Engelsk utgave.pdf>>

Best regards,

Trym Helbostad
eBusiness Manager
Think Nordic AS
Strømsveien 195,
N-0668 OSLO,
NORWAY

Dir.: +47 23245618
Tel.: +47 23245600
Fax: +47 23245601
Mob.: +47 906 33 543
mailto: the@ think.no