The article is short on details, but interesting anyway: 100-year-old model for electric car coming back -  MSN Tech & Gadgets - News and Features
Not really. The Detroit Electric name has been acquired by ZAP Motors. I guess ZAP decided they needed a new name to continue their stock shell game. For the complete story of ZAP: Hype Machine: Searching for ZAP's Fleet of No-Show Green Cars