Malaysian automaker Proton has said it will manufacture electric cars for eco-conscious markets in Europe and the United States, in a deal with Netherlands-based Detroit Electric. The deal is expected to boost Proton revenue by 2.0 billion ringgit (548 million dollars over the next four years, managing director Syed Zainal Abidin Syed Mohamad Tahir told state media. Detroit Electric ...

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 ...

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 ...