Detroit Electric Shifts Production of SP:01 Sportscar to Holland

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The bad news just keeps getting worse for Detroit Electric. After holding back production not once, but twice on its SP:01, now the automaker says that production of the electric sportscar is moving overseas to Holland.

Initially determined to save Detroit, the automaker now plans to shift nearly all jobs and production overseas, as reported by the Detroit News. After not being able to secure its original manufacturing location of choice in Wayne County, Michigan, Detroit Electric has decided on the move in order to begin production sooner than later.

Detroit Electric SP01

“We are Detroit Electric, not London Electric,” CEO Albert Lam said in a recent interview, “Our commitment to the city of Detroit, the state of Michigan and the United States is as strong as it ever was. While there have been some delays in our plan to start production in Detroit, many vehicle programs experience some form of delay.”

Though these delays have kept the upstart automaker from producing any vehicles, the brand still hopes to sell all 999 SP:01 Lotus-based sportscars, at $135,000 each. Revenue will go towards production of a second sportscar and eventually more low-priced EVs in the future.

RELATED: Detroit Electric SP:01 Production Delayed, Again

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