DeLorean’s assets were purchased by a Texas mechanic named Stephen Wynne, along with other undisclosed investors. Wynne’s company built a reputation maintaining and repairing DeLoreans. The initial plan was for the new DeLorean company to make electric versions of the original DMC-12 but, in the last several years a much bolder plan was hatched.

The new DeLorean Motor Company was formed, with Wynne’s original company as the biggest investor, to make all new electric vehicles. De Vries, who formerly worked with Tesla and Karma Automotive, another EV startup, leads the company, and a new headquarters building is planned in San Antonio.

They have a couple prototypes of a proposed limited run EV