The launch of a start-up will revive the century-old name of Detroit Electric cars with a car that on paper looks much like a Tesla Roadstar.

The new Detroit Electric company revealed it would reveal its first model next month, a two-seat all-electric sports car that would be a harbinger of future models. The company will not just take Detroit as a brand but base its headquarters in the city, vowing to generate 180 jobs and open a Michigan plant that can build 2,500 vehicles a year. Read the rest of this entry

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