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A New Way of Moving in Vietnam - From TH!NK

31 August 2000

A New Way of Moving in Vietnam - From TH!NK

    DEARBORN, Mich., Aug. 31 Ford Motor Company announced
today the first shipment of environmentally-friendly electric bicycles to
Vietnam.  The TH!NK bike e.go offers customers in congested metropolitan areas
a fun, affordable and clean method of transportation.
    The TH!NK bike e.go is the first product from Ford Motor Company's TH!NK
brand to be introduced in Asia.
    The TH!NK bike e.go is a specially designed 6-speed electric bicycle
powered by a 24-volt direct drive system supplied by Currie Technologies Inc.
(USA) for the Vietnamese market.  The system offers full power-on-demand to
riders at the simple switch of a lever and provides rapid acceleration up to
16 miles per hour (26 kilometers per hour) with enough torque to climb most
hills.  Riders have the option of pedaling and shifting normally or utilizing
on-board electric power with zero emissions.
    "Asia is the world's largest market for bicycles with hundreds of millions
of residents relying on bikes not just for recreation, but for basic
transportation," said Dan Schneble, manager of Electric Vehicle Programs for
Ford Asia Pacific.  "TH!NK bike e.go offers a zero emission alternative to
traditional gas-powered motor scooters and motorbikes without sacrificing
reliability and affordability."
    The TH!NK bike e.go will be offered in Vietnam through Ford Vietnam
Limited and will be available in the fall of 2000.  Price will be announced
closer to the market launch date in Vietnam.