IBJNews

Electric car maker plans Indiana manufacturing plant

Back to TopCommentsE-mailPrintBookmark and Share

Norwegian electric car maker Think Global will locate its U.S. manufacturing facility in Indiana, Reuters reported Tuesday, citing information from a major investor in the company.

Details, including the exact location, are not yet available.

Charles Gassenheimer, CEO of lithium-ion battery maker Ener1 Inc., told Reuters that the carmaker has applied for a government loan as part of a program set up to encourage production of fuel-efficient vehicles. Ener1, the parent company of Indianapolis-based EnerDel Inc., owns 31 percent of Think Global.

Think has plans to relaunch its Think City all-electric vehicle, which can travel up to 112 miles on a single charge, in Europe with initial production of about 5,000 units, Reuters said.

New York-based Ener1 earlier this month reported a third-quarter loss of $15.8 million, despite growing revenue. Management said losses grew due to higher research-and-development expenses.

EnerDel, which develops lithium-ion batteries for cars, in August announced a $100 million expansion to create 850 jobs across Indiana by 2012. About 275 of  the new positions are earmarked for the Indianapolis area.

The lithium-ion battery company already employs 100 people at its headquarters at 8740 Hague Road on the far northeast side of Indianapolis. The new Indianapolis jobs will involve research and cell production. Sixty more jobs are planned at 15425 Herriman Boulevard in Noblesville, where a renovation is expected to begin soon. The Noblesville location will assemble battery packs.

The rest of the jobs will be based at a battery-manufacturing plant to be located at an undetermined site in Indiana.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

ADVERTISEMENT