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Detroit Electric
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Developer of a magnetic flux motor and hybrid battery system for use in electric vehicles

Founded in 2009
Founded in

Company type Private Public ()
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Industry Group transportation & logistics

Sector vehicle components

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom United Kingdom
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Updated by Hattie Partner at on 05/21/2025

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04/26/2013
Geely Geely
Geely Automobile and Detroit Electric have entered into a strategic partnership to jointly develop pure electric vehicles and related electric drive systems for the Chinese market.
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Confirmed by Geely
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Date Investors Type Amount
11/16/2021 EV Electra EV Electra (1)
Post-money valuation of
This funding will be used to expand operations in Europe and Asia with an aim to launch multiple electric and hydrogen-electric hybrid models over the next five years.
 Growth Equity $500,000,000
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