Detroit Electric, the Michigan-based startup electric-car maker, said Thursday it will partner with China’s Geely Automobile to develop electric cars for the Chinese market.
Geely owns Sweden’s Volvo Cars and recently withdrew as a potential bidder for Fisker Automotive, the failing California green-car startup.
Detroit Electric earlier this month unveiled its own model, a $135,000, battery-powered sports car that it says will go into limited production in August in the Detroit area.
Geely and Detroit Electric are jointly developing a pure-electric version of Geely’s Emgrand EC7, a compact sedan about the size of a Honda Civic. The Emgrand EC7-EV is slated to go on sale in the first quarter of 2014, with annual sales gradually ramping up to 30,000 within three years, the partners said.
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