Cars

The 2024 DeLorean Alpha5 EV Marks The Iconic Car Brand’s Return

In the future, the Taycan-rivaling Alpha5 will be followed by a V8 coupe, an electric sedan, and a hydrogen-fueled SUV.

DeLorean is set to make a comeback nearly 40 years after going out of business with the Alpha5, photos of which have been released by the company. From 1981 to 1983, the DeLorean was available as a two-door sportscar. The original DeLorean, designed by Giorgetto Giugiaro, was known for its gullwing doors and for being featured as a time machine in the Back to the Future film series.

  • Alpha5 to lead DeLorean revival 
  • Debut at Pebble Beach in August 
  • Features gullwing doors like DeLorean DMC

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Joost de Vries, a former high-ranking official at Tesla and Karma, is now bringing the brand back to life. He succeeded Stephen Wynne, who had been running DeLorean as an aftermarket support service since 1995, after acquiring the brand right after the original company’s high-profile demise.

The DeLorean Revival will Begin with Alpha5

The Alpha5 – a striking, battery-electric coupe with rakish, sportscar-style proportions, in contrast to the wedge-shaped silhouette and compact footprint of the 1981 DeLorean DMC – will kick off DeLorean’s rebirth. The car will be unveiled to the public in August at Pebble Beach, before going into production in 2024.

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According to Joost de Vries, who spoke to our sister publication Autocar UK, the Alpha5 will have performance comparable to the Mercedes-AMG GT and possibly the higher-end Porsche Taycans. He also stated that the EV will focus on the internal-combustion engine crowd rather than attempting to compete with Tesla’s Model S Plaid.

On the US EPA cycle, it will accelerate from zero to 96 kilometers per hour in about 3.4 seconds, with a top speed of 241 kilometers per hour and a range of more than 482 kilometers, according to de Vries. However, he has kept the car’s underpinnings a closely guarded secret. “The car is being built in Italy – we’ve outsourced that – and we have some powertrain partners in the UK,” de Vries explained.

Initially, de Vries stated that the car would be sold in a limited run of 88 units, alluding to the time-traveling speed required in the 1985 sci-fi film Back To The Future, in which the DMC was prominently featured.

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The Design of The DeLorean Alpha5 is Based on The Original Car

Although technical details are kept under wraps, the original car’s design influence is clear. The clunky louvres over the rear window, turbine-style wheels, and gullwing doors are some of the defining features taken from the original DMC, while the slim wraparound light bars at each end nod to the brand’s 1980s heritage. In fact, Italdesign, the Italian design house founded by Giorgetto Giugiaro, the designer of the original DMC, has styled the new car.

De Vries revealed, “In Italy, they never really stopped designing DeLoreans, which was awesome.” “We found the saloon, discussions about the coupé, a city bus, and an SUV,” he said, referring to sketches found in the firm’s archives. “You’d never guess the company stopped producing automobiles.”

Future Plans Onclude a V8 Sports Coupe, An Electric Sedan, and A Hydrogen SUV

DeLorean now wants to make that hypothetical line-up a reality by branching out beyond the flagship coupé and aiming for much higher production volumes for its more mainstream models.

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Following the Alpha5, DeLorean will reveal a V8-powered sports coupe. A battery-electric sedan will follow, followed by a premium sports SUV with hydrogen-fueled powertrain, as part of DeLorean’s brand-building strategy.

“For volume, we need an SUV,” de Vries said. “The business case is for an SUV to be released shortly after our halo car, but we need the halo car first.”

This larger model, which will be previewed after the coupé’s Pebble Beach debut, will be sized to compete – primarily in the United States – with full-size luxury SUVs like the BMW X7 and Cadillac Escalade, but with clear design cues from the halo car. Because DeLorean isn’t convinced that batteries are the only option, the SUV will be powered by a hydrogen powertrain.

It’s unclear whether this will be a fuel-cell electric system or a combustion engine, but de Vries is adamant that “there is no one road to Rome” when it comes to phasing out fossil fuels.

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DeLorean’s next funding round will be tied to an IPO, which could happen in August, now that its initial seed round is complete. “We will be a public company,” de Vries said. We’ve got to be. Building cars isn’t cheap, and it takes a lot of cash to get it done.”

Two-thirds of all DMCs built are still on the road today, and as their values rise, DeLorean’s heritage is becoming more important. To commemorate the car’s 40th anniversary, Stephen Wynne and his team are working on an upgraded version.

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