Call it Not-So-Detroit Electric, apparently. Already a year late in plans to produce a $135,000 limited-edition sports car, the start-up firm says it will turn to Holland to produce its little SP:01 model starting later this year.
But the company still hopes to return to the Motor City when it launches a more mainstream, battery-powered sedan later in the decade.
Named after a Michigan-based battery-car company that folded during the Great Depression, Detroit Electric was introduced by Hong Kong businessman Albert Lam, a former Apple executive, during a splashy news conference nearly a year ago. At the time, he admitted the project walked a fine line “between sanity and insanity,” and would be a challenge to get into production. (more…)