Malaysia's national car maker Proton and a Dutch-based company signed a $555 million deal Monday to make zero emission electric cars that they said would be more powerful that any existing model. Proton and Detroit Electric, a startup company that owns the technology, signed ...

The Netherlands-based firm Detroit Electric said Tuesday it has begun talks with Malaysia's state-owned carmaker Proton to produce electric cars for the Southeast Asian market. "We are in preliminary talks with Proton. It started last month. We hope to conclude the talks by year-end," Albert Lam, chairman and chief executive officer of Detroit Electric, told AFP. Proton has said ...

A Dutch-based company announced plans Tuesday to produce affordable electric cars by the end of 2009, promising they will be much more powerful than existing models and have zero emissions. Detroit Electric is in negotiations with Malaysia's national auto maker, Proton, to produce the car in ...