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February 8, 2008 – Vol. 12 No. 46 ZAP / China Youngman Automotive Group Revive 100-Year Old “Detroit Electric” Brand. Detroit Electric officials look forward to bringing new vehicle technologies - cars and buses - to market by 2009. The vehicles will be manufactured under the supervision of Youngman Automotive, one of China's newest automotive manufacturers. ZAP will manage the sales, marketing and distribution of the joint venture products. The Anderson Electric Car Company built electric cars under the Detroit Electric brand between 1907 and 1939. The first offices and facilities are planned, not for Detroit, but California. "We see California as a launch pad. It is one of the most ready markets to adopt these new green vehicle solutions," said Detroit Electric Chairman Albert Lam. "The governor and his leadership here have created a fertile environment for us to create and grow. Many are talking about the future of the auto industry and Detroit Electric is a name that will speak to generations about the past and the future of automobiles."
"Detroit Electric has already completed a five year business plan and mapped out the ten year product plan," said Mr. Lam. "It is our intention to introduce affordable and practical everyday electric vehicles, working with our technology partners to deliver some of the leading edge technology in motor drive, battery and hydrogen fuel cells. Our plan is to launch with a 12-meter pure electric transit bus, the ZAP Alias, and two family sedans as early as the summer of 2009. This is no longer a wish list but an eventuality; it is a matter of willingness to change." Youngman Automotive, of Jinhua, China, employs 4,000 workers, including 700 in-house research and development staff. With seven new production facilities in process, Youngman expects to soon have the capacity to produce 200,000 vehicles per year, including more than 10,000 buses annually. ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. (2/7/08)
Links: Detroit Electric Youngman Automotive
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