The Alpha5 was revealed on May 29, 2022. The Alpha5 harkens back to its spiritual predecessor with its louvered rear window and
gull-wing doors. It is designed by
Italdesign. It offers a full-width light strip on the back, and the DeLorean logo is also illuminated. While no DeLorean factory has been publicly announced, the company did state that only 9,531 of the Alpha5 could be made, just one more than DMC built of the original DeLorean.
CNET estimates a price around $125,000, however the company did not announce any price indication. The first
concept car was revealed on August 29, 2022 In 2024, DeLorean Motors Reimagined, closed their headquarters in San Antonio. DeLorean raised over $3 million in
NFT deposits for the Alpha5 however depositors raised concerns that DeLorean repeatedly failed to launch an exchange where customers could buy and sell their NFT’s. Italdesign, who is seeking payment from DeLorean Motor Company, received a judgement in its favor from an international arbitration court in 2025 and subsequently filed a complaint in US District Court to enforce a $4.6 million judgement against DeLorean Motor Company for failing to pay for work to design the Alpha5. ==References==