Upstart automakers are always a huge risk and it's never wise to get too awful excited about one particular concept that you see from a new automaker, as the deck is stacked against it from day one. Enter in the newly revived Detroit Electric->ke4636 and its nearly stillborn, but really exciting Detroit Electric SP:01.

Back in June, we let you know that the SP:01 was delayed one month, pushing its production date into September -- a 1-month delay -- because it couldn't finalize the purchase agreement on a facility in Wayne County, Michigan. Well, apparently that fiasco is an ongoing one, as The Detroit News is reporting that the same issue is causing yet another delay in production of its $135k, Lotus->ke49-based sports car.

Newsflash: If you do not have a factory to build cars in, then you do not have a car. It's as simple as that and Detroit Electric is finding this out the hard way. Additionally, according to the same reports, Detroit Electric is in "negotiations with other parties that have the potential to impact our business strategy and timing," which seems rather odd to be doing without a factory to work from, unless these may be negotiations with other facilities or a production deal with another manufacturer.

We certainly hope that this gets all sorted out and the that SP:01 is a massive success, which will ultimately expand the availability of lower-priced, sporty EVs. Stay tuned for more details.

Click past the jump to read a little about the Detroit Electric SP:01

2014 Detroit Electric SP:01

The SP:01 has a very familiar exterior look, thanks to its Lotus Exige base, which is likely one of the sexiest small sports cars on the market today. Behind the seats is a clear viewing glass that gives you a good look at the electric motor. This motor puts down up to 201 horsepower and 166 pound-feet of torque, which is a relatively low number for such a pricey sports car.

Where the beauty f the SP:01 comes into play is in its high-end bodywork that helps keep its curb weight at about 2,350 pounds. This is achieved through the use of carbon-fiber panels and a lightweight battery pack. This allows the 201-horsepower electric engine to spring the SP:01 to 60 mph in about 3.7 seconds.