Detroit Electric SP:01 Production Delayed By A Month

Following a path remarkably similar to Tesla, the revived Detroit Electric intends to pick up where its namesake left off, but its first electric car will be delayed a month.

Production of the SP:01 based on a Lotus Elise and expected to sell for $135,000, for a total of 999 units, was due to begin in August, but the Detroit News was told the start date will be pushed to September.

It’s a little frustrating but we’re moving forward,” said U.S. CEO Don Graunstadt of delays deemed necessary because the company has not finalized the location for its Wayne County, Mich. plant.

This, in turn, has delayed hiring for its new plant, and the company says on top of that, it will be “picky” in choosing candidates.

Detroit Electric aims to also produce the SP:01 in the Netherlands for Europe and plans for the venture-capital-backed firm are to make revenues to support a higher production electric cars, as well as a second electric sports car.

The company is also partnered with China’s Geely Automobile Group to work on electric vehicles and powertrains for Geely’s home market.

A car to be offered under that agreement will be the mid-size Geely Emgrand EC7 and a joint venture company in China will also assemble components for electric powertrains as Detroit Electric gains experience and income to grow its plans.

Detroit News

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