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Detroit Electric goes Dutch with Europe Electric cars and Proton

After showing practically no signs of life since being revived in a joint venture between Zap! and Youngman Automotive Group last February and officially striking out on its own less than a week ago, Detroit Electric has emerged, in Malaysia, as a Dutch company with $300 million in backing and a fleet of prototypes. Say what? We had a hint of this earlier but this seems to make it all official. The company, reportedly majority owned by CEO Albert Lam (Lam joined Zap! management late last year) has investors from America, Holland and Malaysia ... Read more →

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