Stephen Wynne, DeLorean CEO, explains how he bought the company and its technology after restoring and repairing existing models. He's now using the inventory and plans to make new cars, and after being inspired by Tesla's Roadster decided to build an electric version.
This electric DeLorean puts out an impressive 260 horsepower. The original offered less than half that. And it sports a number of upgrades. But it won't come cheap. The price for the car is in the $95,000 to $100,000 range but will have a significant number of options, Wynne says.
Expect more from the Texas-based company, however. "We've got to move to the next level of technology," Wynne says.
At the DMC website, there's more information. Not everybody wants an electric car, obviously. The company sells used vehicles that look immaculate. For instance, a 5-speed with 4,357 miles runs just $54,900.