The future is unclear for Think North America, which has an electric vehicle production plant in Elkhart, IN, after the company’s headquarters in Norway filed for bankruptcy last week. Despite being a separate entity, Think North America faces an unstable future because it is financially supported by the Norwegian headquarters.
Think has fallen upon hard times in the past, this being the fourth time it has filed for bankruptcy in its twenty years of operation. The future options for Think include a liquidation of its assets or the sale of the company to a new investor. Currently management has been turned over to Oslo-based commercial law firm Thommessen.
Think has fallen upon hard times in the past, this being the fourth time it has filed for bankruptcy in its twenty years of operation. The future options for Think include a liquidation of its assets or the sale of the company to a new investor. Currently management has been turned over to Oslo-based commercial law firm Thommessen.
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