The Associated Press Albert Lam, the chief executive of Detroit Electric, spoke to Green Inc. about recent moves by his company. Last week, the Chinese automaker Dongfeng Motor Corporation and Detroit Electric Holdings — keeper of the Detroit Electric brand, a decades-old, long-defunct electric vehicle label that was recently ressurected as a Netherlands-based, largely Asian-financed maker of electric drive train technology — announced plans to jointly research, develop, market and sell fully electric vehicles in China. The partnership follows on the heels of Detroit Electric’s $331 million assembly agreement with Proton Holdings, a Malaysia-based automotive manufacturing company, signed at the end of March. It will allow Detroit Electric to expand its international sales, and the company says it aims to sell 45,000 vehicles... [read full story]
