Revealed earlier this year at the Detroit Auto Show, the Dodge Circuit EV has been finally confirmed for production. Lou Rhodes, Chrysler’s ENVI division president has stated that the automaker's first all-electric vehicle will be launched next year. The electrified sports car will compete with mdoels like the Tesla Roadster, but at a lower cost.

The car's chassis will be assembled in Europe by the engineers at Lotus and then shipped back to U.S. for the electric drivetrain to be installed. The car has already undergone significant testing. After the Circuit EV is launched, Chrysler will add a lineup of electric sedans, SUVs and crossover models to their range of vehicles.

The Circuit EV is powered by a completely electric ENVI drivetrain that delivers a maximum output of 268 HP. That much power allows the Circuit EV concept to go from 0 to 60 MPH in less than 5 seconds, while top speed goes up to 120 MPH.

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