Detroit Electric nearing completion of SP:01 electric sports car

Start-up electric vehicle maker Detroit Electric is getting closer to release it’s SP:01 electric sports car. The company said Wednesday it’s finishing up testing at a facility in Europe. The company will announce more details about sales timelines next week.

Detroit Electric hopes to sell 999 of it’s two seat sports car at a price of $135,000 each. The company is touting the SP:01 as the world’s fastest electric vehicle sporting a 0 to 62mph in 3.7 seconds and reaching a top speed of 155mph. The main competitor Tesla Model S is 25 mph slower than SP:01 if figures are accurate.

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