Start-up revives Detroit Electric brand, vows Tesla-like sports car this year

After a few years of boom and bust, the electric car market has lately settled into a rut, as established automakers try to meet regulatory goals mostly with a few everyday models converted to electric power rather than designing all-new electric cars, leaving Tesla as the only independent, high-volume EV builder. Here's the first attempt to shake up that stasis, the launch of a start-up that will revive the century-old name of Detroit Electric cars — with a car that on paper looks much like a Tesla Roadster.