#DETROITELECTRIC

Business

Detroit Electric Forms JV, Aims to Launch EV in 2018

Netherlands-based Detroit Electric Holdings Ltd. and China’s Far East Smarter Energy Group have agreed to form a joint venture to launch three electric vehicles by 2020.

Detroit Electric Shows Production-Ready Sports Car

Detroit Electric Holdings Ltd. has released a photo of a production version of its SP:01 electric sports car, which is expected to go on sale next year for about $135,000.

Hybrid

Integrated Energy to Sell Detroit Electric EVs in Korea

South Korea's Integrated Energy Ltd. has signed a memorandum of understanding with Detroit-based Detroit Electric Holdings Ltd. to begin selling the latter company's SP:01 electric sports cars in on Korea's Jeju Island next year.

Production

EV Maker Puts Detroit-Area Factory on Hold

Detroit Electric Inc. has indefinitely suspended plans to build its $135,000 SP:01 electric sports cars in Plymouth, Mich., says Don Graunstadt, the Dutch company's North American president.

Sales

Detroit Electric to Focus First on Europe, Asia

Detroit Electric Inc. says it intends to initially launch sales of its $135,000 (€102,500) SP:01 electric sports cars in Europe and Asia.

Hybrid

Detroit Electric Delays EV Production

Detroit Electric Inc. opened its headquarters in Detroit in April and declared it would begin selling its $135,000 electric sports car in August.

Hybrid

Geely, Detroit Electric to Develop EV Sedan

Geely Automobile Holdings Ltd. and Detroit Electric Inc. have agreed to develop an electric version of Geely's Emgrand EC7 sedan and introduce it in China a year from now.

Hybrid

Geely, Detroit Electric to Develop EV for China

Geely Automobile Holdings Ltd. and Detroit Electric Holdings Ltd. have agreed to develop an electric version of Geely's Emgrand EC7 sedan and introduce it in China a year from now.

Hybrid

Detroit Startup Unveils Electric Sports Car

An electric vehicle maker that opened its Detroit headquarters last month says it will begin selling its first model, a speedy sports car, in August at a starting price of $135,000.

Hybrid

Detroit Electric Unveils EV Sports Car

Detroit Electric Holdings Ltd. says its first electric vehicle the $135,000 SP:01 will be the world's fastest pure EV when it goes on sale in August.

Hybrid

Detroit Electric Vows to Debut Electric Sports Car This Year

Detroit Electric Holdings Ltd. says it will unveil an electric sports car next month at the Shanghai auto show and begin building the vehicle later this year.