Detroit Electric touts $135 000 sports car fastest allelectric …

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Detroit Electric SP:01

Detroit Electric touts sports car fastest all-electric

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Detroit SP:01 all-electric sports car image)

DETROIT- The name may be two letters, two numbers and a colon, but the is anything but insignificant.

The new all-electric sports car is the first vehicle the new Detroit Electric, a resurrected brand made popular in the 1900s for electric vehicles.

Electric chairman, founder and CEO Lam, Detroit Electric of Design Jerry Chung and officials unveiled the vehicle night in Detroit’s iconic Building, where the company’s new will be located.

“It’s the pure-electric production vehicle on the at the moment,” Lam said during the unveiling.

The 2,403-pound carbon and aluminum vehicle, which start at $135,000, features an up to driving range (about 100 in “fun” driving conditions), top of 155 miles per hour and a zero to 62 mph in 3.7 seconds.

Its closest competitor, the all-electric Model S has a top speed of 130 mph and goes zero to 60 in 4.2 seconds.

Powering the is a compact, mid-mounted 201 bhp electric (delivering 166 lb ft of torque), a lightweight, battery pack and all-new bodywork.

But SP:01 an acronym for Pure” and originally a code-name for the company called “Sports 01” is more than a sports according to Lam.

The vehicle’s range from controlling everything in the vehicle with a phone and advanced infotainment called SAMI (Smartphone Managed Infotainment) to powering a for more than two days.

is not an innovation, it is a must for the future of vehicle,” Lam said regarding the ‘360 Powerback’ system can restore power to the home its stored energy during a outage. “That’s why it is not just a

The SP:01 will be assembled at an Detroit Electric production in Wayne Country, Michigan. The facility will have an capacity of 2,500 vehicles and to create about 180 manufacturing and jobs over the next

The company plans to make 999 Electric SP:01 models, by two mass-production all-electric vehicles.

Lam the next two vehicles – a hatchback and will feature the same as the SP:01, but will be affordable every day practical usage of an vehicle.

“The name of the is Detroit Electric and Detroit is the of the modern automobile industry,” following comments from Don Detroit Electric CEO of North Operations, before the unveiling. is where something like is supposed to happen.” Actually all of Detroit Electric’s plans a may be easier said than The all-electric sports car market is an niche market and others, as California-based Fisker Automotive and are having trouble surviving.

Karl Brauer, editor in and CEO of TotalCarScore.com, previously told that it is an odd time for anyone to an all-electric vehicle company, but is some demand for a well-powered, all-electric vehicle.

“You’ve got awareness and potential interest in cars than ever in the of the automobile, but on the other hand, still don’t seem to work,” he said.

Detroit officials said the company is of how the all-electric car market has performed, but the has “learned from the mistake of

“Why we think, why we know, we be able to survive is that we a totally different business Lam told reporters following the “We focus all our resources … into design, engineering.”


Detroit Electric SP:01

Lam said unlike other Detroit Electric has not taken any funding and plans to actually manufacturers to build the mass-market rather than spending billions on a new production facility.

Electric, according to Lam, is with a number of Asian on the “contract manufacturing” to require capital.

By 2017, Lam said the hopes to be selling about vehicles worldwide through plants in Wayne County, and the contract manufacturing.

Detroit unveils all-electric sports car in The limited-edition sports car, the SP:01, is based off the Lotus aluminum platform and is set to go on sale in markets by the end of August 2013.

“We want to look at things Lam said. “We’re not looking at our as growing to the size of GM or Ford.”

former Group CEO of the Lotus Group and Executive Director of Cars of England, revived the in 2008 after leaving

In its first time around, in the 1900s, Detroit Electric was the market leader and the most going on to make around cars – an electric vehicle world record for the twentieth according to the company.

Every will come with a year, 30,000 mile s warranty with an optional to five years and 50,000 for the battery.

The SP:01 is set to make its public debut later month at the Shanghai Motor where officials will a “major partnership with a carmaker.”

Embedded above is a video of the and continue to check back to for more information on the company and

Re-posted from http://www.mlive.com

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