Upstart automakers are always a huge risk and it’s never wise to get too awful excited about one particular concept that you see from a new automaker, as the deck is stacked against it from day one. Enter in the newly revived Detroit Electric and its nearly stillborn, but really exciting Detroit Electric SP:01.
Back in June, we let you know that the SP:01 was delayed one month, pushing its production date into September — a 1-month delay — because it couldn’t finalize the purchase agreement on a facility in Wayne County, Michigan. Well, apparently that fiasco is an ongoing one, as The Detroit News is reporting that the same issue is causing yet another delay in production of its $135k, Lotus-based sports car.
Newsflash: If you do not have a factory to build cars in, then you do not have a car. It’s as simple as that and Detroit Electric is finding this out the hard way. Additionally, according to the same reports, Detroit Electric is in "negotiations with other parties that have the potential to impact our business strategy and timing," which seems rather odd to be doing without a factory to work from, unless these may be negotiations with other facilities or a production deal with another manufacturer.
We certainly hope that this gets all sorted out and the that SP:01 is a massive success, which will ultimately expand the availability of lower-priced, sporty EVs. Stay tuned for more details.
Back in June, we let you know that the SP:01 was delayed one month, pushing its production date into September — a 1-month delay — because it couldn’t finalize the purchase agreement on a facility in Wayne County, Michigan. Well, apparently that fiasco is an ongoing one, as The Detroit News is reporting that the same issue is causing yet another delay in production of its $135k, Lotus-based sports car.
Newsflash: If you do not have a factory to build cars in, then you do not have a car. It’s as simple as that and Detroit Electric is finding this out the hard way. Additionally, according to the same reports, Detroit Electric is in "negotiations with other parties that have the potential to impact our business strategy and timing," which seems rather odd to be doing without a factory to work from, unless these may be negotiations with other facilities or a production deal with another manufacturer.
We certainly hope that this gets all sorted out and the that SP:01 is a massive success, which will ultimately expand the availability of lower-priced, sporty EVs. Stay tuned for more details.
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