Detroit Electric, maker of the the SP:01 limited-edition electric two-seater, has formed a three-way joint venture with China Smarter Energy Group (CSE) and the China Yixing Environmental Technology Industrial Park Development Corporation (ES&TP) to manufacture electric SUVs in China. The new company, Emperor Electric Car, has a total investment of around $1.8 billion, and will… Read more »

Fans of electric speed, who were sad to see the Tesla Roadster go out of production, can celebrate today, as Detroit Electric has unveiled the SP:01, a limited-edition, two-seat electric sports car that looks like a worthy successor. The rear-wheel-drive speedster boasts a maximum velocity of 155 mph, and does 0-62 in 3.7 seconds. It… Read more »