A new electric DeLorean will arrive in 2024, says the latest iteration of the DeLorean Motor Co. This is the brand John DeLorean founded in 1975, which went bankrupt by 1982. The collapse was due to mismanagement, complaints about poor fabrication and lackluster performance—and the fact that its founder was charged with conspiring to smuggle 55 pounds ($24 million worth) of cocaine into the US. He was acquitted.
Now rebranded as DeLorean Motors Reimagined LLC after years of wallowing as a niche steel-car automaker in Texas, DeLorean says it’s making a modern electric coupe, the Alpha5.
The effort is led by Joost de Vries, who joined the company in 2021. He was previously vice president of sales at Karma Automotive, the beleaguered Chinese-owned entity that purchased assets of the also-defunct Fisker Automotive in a bankruptcy auction in 2014. During his tenure, Karma faced major sales challenges and financial troubles due to its inability to manufacturer quality cars. De Vries also worked as vice president of global service at Tesla.
But the DeLorean Alpha5 won’t have hypercar speed. It won’t even be street legal, de Vries said.
The renderings for the latest version of the almost 40-year-old marque show a modern gullwing coupe that looks less wedge-like than the original that gained international fame when it was featured in the 1985 film, Back to the Future. Softly rounded in an arch from front to back, it has thin white headlights and a long red band of light that makes up the taillights. Images on the company’s website indicate it has an active rear spoiler and seating for four.
It will be able to hit 60 mph in 2.9 seconds and have a top speed of 155 mph, according to the company, numbers that approximate the Lucid Air
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