Over 40 years after the DMC-12’s initial release in 1981, DeLorean Reimagined Llc., operating under the name DeLorean Motor Company (DMC), plans to produce its new concept vehicle, Alpha5, in 2024.

      Initially introduced on May 30, 2022, the plan includes multiple concept sketches showcased on DMC’s official website. DMC advertises the car as an electric sports vehicle with an estimated value of roughly $145,000.

     Utilizing a 100 kilowatt-hour (kWh) battery, the Alpha5 has an estimated range of over 300 miles on a single charge. DMC’s sports vehicle is capable of accelerating from 0 to 60 mph in about 2.99 seconds, or 0 to 88 mph in 4.35 seconds for those familiar with the “Back to the Future” title. The Alpha5 is capable of reaching top speeds of roughly 155 mph with electronic speed limitations put into place to prevent the vehicle from exceeding such speeds.

     On their official website, DeLorean.com, DMC includes the potential for the capabilities of post-production models to “differ slightly” from their pre-production vehicles. The information provided by DMC is categorized under the heading “Base performance model Alpha5,” which leaves the door open to potential production of different Alpha5 models.

     DMC is planning for the Alpha5 to be manufactured in Italian facilities, with the United Kingdom currently expected to serve as the primary source for most drivetrain components.

     DMC’s global headquarters, located in Humble, Texas, is in works to relocate to San Antonio prior to production of the Alpha5.

     Acoording to CEO Joost de Vries, “San Antonio boasts a wide array of global advanced manufacturing operations.”

     Once production begins, DMC plans on rolling out exactly 9,531 models of the Alpha5. This figure would surpass the mark of DMC-12s produced by a single unit. Included on the official website is the ability for interested individuals to reserve a random Alpha5 production slot for $2,500.

     On Aug. 18, the Alpha5 prototype was showcased for the first time at the Pebble Beach Concours d’Elegance. Hosted annually in Pebble Beach, California, the Concours d’Elegance showcases different vehicles, and concludes by declaring one “Best of Show.” 

     DeLorean Reimagined Llc. is being operated under CEO Joost de Vries and Chief Marketing Officer (CMO) Troy Beetz. ItalDesign founder Giorgetto Giugiaro, who was involved in the development of the DMC-12, is also involved in the development of Alpha5.