Detroit Electric Rides Again

Bertel Schmitt
by Bertel Schmitt

Detroit Electric is a startup electric car maker that revives the brand of another startup electric car maker by the name of Detroit Electric. As chronicled by Ronnie Schreiber, Detroit Electric cars were produced by the Anderson Carriage company from 1907 to 1939. They sold thousands of them until they were displaced by a better idea, the internal combustion engine. Yesterday, the new Detroit Electric unveiled its first model, a $135,000, battery-powered sports car.

As reported by Reuters, the Detroit Electric SP:01 is “the world’s fastest pure-electric sports car,” with a range of “just under 190 miles” between charges.


The car will be built in the Detroit area at a dedicated plant with an annual capacity of 2,500, the company told Reuters.

According to the report, “the SP:01 appears to borrow heavily from the British-built Lotus Elise — no surprise considering a number of Detroit Electric executives previously worked for various affiliates of Lotus Cars.”

There is another Lotus connection: The brand was revived in 2007 as a joint venture between China’s Youngman and California’s Zap. Youngman also is the Chinese joint venture partner of Lotus, a marriage that produced bastard children, some of them depicted above. Youngman achieved notoriety as an incessant bidder for Saab, a courtship that ended in failure.

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • APaGttH APaGttH on Apr 04, 2013

    So Detroit Electric is building a Tesla Roadster in Detroit??? Hopefully they don't get the Fisker treatment - instead of A123 the battery provider going bankrupt, they run at least a moderate risk that their chassis provider Lotus, will.

  • SCE to AUX SCE to AUX on Apr 05, 2013

    "Youngman achieved notoriety as an incessant bidder for Saab, a courtship that ended in failure." I knew there was something fishy here. Detroit Electric is just an elaborate bailout plan for Lotus.

  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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