Detroit Electric, an electric vehicle brand founded in the early 1900s, is returning to MoTown with an all-new two seat electric sports car set to debut at the Shanghai Motor Show next month.
The company had been out of business for more than 70 years, but was revived in 2008 by Albert Lam, former executive director of Lotus Cars in England. The carmaker announced today plans to create 180 jobs in the region by the end of 2013.
The announcement is sure to be exciting news for the city of Detroit, which has been starving for innovative new companies and blue-collar manufacturing jobs for years. Detroit Electric should help on both accounts, as it will set up shop in the historic Fischer Building in downtown Detroit and will physically manufacture vehicles in the area, though the exact location of a factory--which the company says will have the capacity to make 2,500 vehicles--has not been disclosed.