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"The throwback brand Detroit Electric was very ambitious when, in early April, they promised initial production and delivery dates of their inaugural model \u2013 the SP:01 \u2013 by August of this year. There&amp;#039;s just one issue with this ambitious plan.  They don&amp;#039;t have a place to build it.  The planned production facility near Detroit is partially occupied by another business. Maybe they didn&amp;#039;t get the memo about Detroit Electric or something. Speaking with Detroit News, North American CEO Don Graunstadt was understandably annoyed, stating, &amp;quot;It&amp;#039;s a little frustrating but we&amp;#039;re moving forward.&amp;quot;  An electric sportscar based on the Lotus Elise might be the perfect product for the group of ex-Lotus Engineering Group employees that form the basis of Detroit Electric. That being said, if getting the car actually produced is this big of a hurdle, what comes next for Detroit Electric might be even worse.  With a planned price of $135,000, the SP:01 isn&amp;#039;t cheap. And Detroit Electric will have to produce 999 units before the company moves on to its next sports car, they claim. This assumes that there are 999 buyers who passed on the Tesla Roadster when that was available.  It&amp;#039;s not an auspicious start for a newcomer in a harsh world. Despite the old, historic name, recent issues have plagued other electrified startups\u2014namely Fisker and CODA\u2014triggering layoffs and bankruptcies. Production delays are not what potential buyers (and more importantly, investors) like to see.  Hopefully European production won&amp;#039;t encounter the same hiccups. The SP:01 will also be produced in the Netherlands to supply the European market.  Let&amp;#039;s hope Detroit Electric figures this production issue out before it&amp;#039;s too late. via Detroit News "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/new-cars/news/a4610/go-news-detroit-electrics-first-car-delayed-by-at-least-a-month/>