Start-up firm Detroit Electric has revealed a new pure-electric two-seater sports car that it claims sets new standards for performance and handling in the EV segment.

Detroit Electric says the car, the SP:01 is the world’s fastest pure-electric production car with a top speed of 155mph and 0-62mph (0-100km/h) of 3.7 seconds.

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The SP:01 was launched under the brand’s mantra of ‘Pure Electric Excitement’ at Detroit Electric’s new headquarters in the Fisher Building in downtown Detroit. Just 999 examples will be built at the company’s new production facility in Wayne County, Michigan.

The firm also says that the 37kWh battery gives the SP:01 a range of almost 190 miles, when tested to the New European Driving Cycle (NEDC) standard.  Detroit Electric’s home charging unit will enable drivers to fully recharge their SP:01 in 4.3 hours, the company says.

“The SP:01 will be exclusive, luxurious and technologically advanced,” said Albert Lam, Detroit Electric’s Chairman and Group CEO.  “The car will be an exciting and innovative product, displaying outstanding performance coupled with strong green credentials, and delivering an exhilarating driving experience.”

On sale by end of August, the Detroit Electric says that SP:01 will herald a new family of all-electric production cars from Detroit Electric, including two high-performance models that will be in production by the end of 2014.

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The price of SP:01 starts at US$135,000 and will vary according to specification and local taxes. Each SP:01 will come with a three-year, 30,000-mile warranty with an optional extension for the battery to five years and 50,000 miles.

Detroit Electric’s management contains a number of people with connections to Lotus. Before founding Detroit Electric, Albert Lam was the CEO of Lotus Group and Executive Director of Lotus Group International.