Connect with us

Hi, what are you looking for?

CleanTechnica
http://detroit-electric-group.com/media.html

Clean Transport

The Future Began In 1907 At Detroit Electric — $1.8 Billion Revives The EV Company Now

Detroit Electric was an original innovator of the electric car. It opened shop in 1907, over a century ago. The company reignited in new form in 2008, but it has apparently taken a while to get rolling again. Presently, Detroit Electric’s new Leamington Spa factory in the UK is in the midst of a staffing drive enabled by a $1.8 billion dollar joint venture deal.

Detroit Electric was an original innovator of the electric car. It opened shop in 1907, over a century ago. The company reignited in new form in 2008, but it has apparently taken a while to get rolling again. Presently, Detroit Electric’s new Leamington Spa factory in the UK is in the midst of a staffing drive enabled by a $1.8 billion dollar joint venture deal. “Detroit Electric’s Chief Technical Officer and Company Director Richie Frost, is in the advanced stages of laying the foundations for the company to become a major UK automotive employer,” according to a recent press release.

The fresh press release sounds serious. It’s time to stop idling (with gasoline or diesel). “Although we secured the long-term funding only a few weeks ago, we were already poised to implement our strategy to become one of the world’s leading electric vehicle manufacturers,” Frost exclaims.

“To achieve that, one of the key steps is to first recruit the senior technical team, and we’ve already secured some of the best talent in the industry to begin filling some of the top senior posts. I’m confident of bringing more exceptional people in to complete the management team within the next few months. Then, we can start filling the engineering and manufacturing positions – more than 200 in total over the next six months.”

It sounds like there’s still quite a ways to go before manufacturing can begin, but it also seems like they are moving much faster now.

“This will make us one of the automotive super-employers in the region, and our state-of-the-art engineering and manufacturing centre will be producing world-class electric vehicles for export to global markets,” predicted Frost … with perhaps a bit of hyperbole.

Regarding the $1.8 billion noted at the top, “US$370million will fund Detroit Electric’s European operations over the next four years,” which “will allow the completion of the final homologation phase of its all-electric SP:01 sports car and the start of production at Leamington Spa. In parallel, the expanded engineering teams will develop three exciting all-new models over the coming three years, all incorporating Detroit Electric’s proprietary electric drivetrain system.”

Related Stories:

Detroit Electric Enters $1.8 Billion Joint Venture With Far East Smarter Energy Group

UK’s Electric Nation Project Recruits New EV Owners With Free Smart Chargers

 
Check out our brand new E-Bike Guide. If you're curious about electric bikes, this is the best place to start your e-mobility journey!
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Advertisement
 
Written By

Cynthia Shahan started writing after previously doing research and publishing work on natural birth practices. (Several unrelated publications) She is a licensed health care provider. She studied and practiced both Waldorf education, and Montessori education, mother of four unconditionally loving spirits, teachers, and environmentally conscious beings born with spiritual insights and ethics beyond this world. (She was able to advance more in this way led by her children.)

Comments

You May Also Like

Clean Power

The rich wind resources of Ireland are fostering a green hydrogen boom, with green ammonia for good measure.

Clean Transport

£43.7 million joint industry and government funding to support the development of the latest green auto tech, including electric motorbikes and off-road vehicles. Courtesy...

Batteries

The Cadillac CELESTIQ is coming — better late than never. It will be built on GM’s Ultium Platform, “the heart of the company’s EV...

Cars

The UK has ended is electric car purchase incentive program. Instead, it will invest in EV charging infrastructure.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.