The DeLorean Alpha5 Has Landed
DeLorean Motor Company has unveiled a production-ready electric GT that costs more than a 911 Turbo and arrives four decades too late to matter.
The DeLorean Alpha5 is real. Not a concept, not a render farm daydream, but an actual vehicle you can theoretically order if you have £175,000 and an unhealthy attachment to stainless steel nostalgia. DeLorean Motor Company, the current custodian of a brand that died in 1982 under a cloud of cocaine allegations and catastrophic build quality, has announced its first series production model. It is an electric GT coupe. It has gullwing doors. It looks like someone fed a Polestar 2 through an AI trained exclusively on 1980s science fiction.
The Alpha5 runs a dual-motor powertrain making 600bhp and promises 0 to 60mph in under three seconds. The battery pack is 100kWh. Range is claimed at 300 miles, which in real-world motorway use will be closer to 220 if you are lucky. The chassis is allegedly derived from Italdesign engineering, which is a credible pedigree if you ignore the fact that Italdesign will engineer anything for anyone willing to pay the consultancy fee.
It seats four, barely. The interior is draped in Italian leather and features what DeLorean describes as a "cutting-edge digital interface," which in practice means the same supplier touchscreens you will find in half a dozen Chinese EVs. The gullwing doors are not a functional choice. They are a branding exercise. They make ingress difficult, egress absurd, and parking in anything narrower than an aircraft hangar a performance art piece.
DeLorean has been teasing this car since 2022, when it appeared as a concept at Pebble Beach. That original reveal generated the expected nostalgia-fuelled buzz, a few hundred reservation deposits, and then... silence. For two years the company has drip-fed updates while quietly walking back production timelines. The Alpha5 was supposed to reach customers in late 2024. Then early 2025. Now it is "mid-2025," which in automotive startup language translates to "maybe 2026 if the funding holds."
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The company insists it has secured manufacturing capacity and supply chain commitments, which is what every EV startup says right before the money runs out. DeLorean Motor Company is not the same entity that built the DMC-12. That company collapsed spectacularly. This version is a Texas-based operation that bought the rights to the name in the mid-1990s and has spent the last three decades selling replacement parts to Back to the Future cosplayers.
The Alpha5 is being pitched as a halo product, a statement of intent, proof that DeLorean can build something other than a meme. But the market for £175,000 electric GTs with problematic doors and a brand nobody under 40 has an emotional connection to is not exactly robust. Porsche will sell you a Taycan Turbo S for less. Audi will sell you an e-tron GT. Both are faster, better built, and come with aftersales networks that actually exist.
DeLorean claims it has over 3,000 reservations. Reservations are not orders. A reservation is £2,500 and fully refundable, which means it is functionally a poll, not a purchase commitment. Tesla took 450,000 Model 3 reservations in 2016. Most of those people are still waiting for their Cybertrucks.
There is also an Alpha2, a smaller two-seat roadster that DeLorean says will follow the Alpha5 into production. No pricing, no timeline, no powertrain details. Just another render and another promise.
The original DeLorean failed because it was an underpowered, overpriced disaster held together by John DeLorean's charm and a truly spectacular amount of fraud. The Alpha5 might fail because it is arriving into a collapsing EV market with no brand equity, no dealer network, and a product that exists primarily to monetise a forty-year-old film franchise.
First customer deliveries are scheduled for August 2025 from a facility in San Antonio, Texas. Production is capped at 9,531 units, a number chosen because it references the original DMC-12 VIN sequence. The deposit is still refundable.
Sources: DeLorean Motor Company official press release, Automotive News, Italdesign