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DeLorean of ‘Back to the Future’ fame is back with a new electric car

Yahoo Finance's Pras Subramanian discusses DeLorean Motor Company's new electric vehicle and the features that take the automaker 'back to the future.'

Video Transcript

- Are you telling me that you built a time machine out of a DeLorean?

[CAR SCREECHING]

- He's sending marking 30 years--

[SCREAMING]

- --back in time.

- It works!

- It's a flying saucer from outer space.

What a great blast from the past. If "Top Gun's" resurgence wasn't enough to thrill us, 40 somethings 1985's "Back to the Future" certainly is. Back in a matter of speaking, the time-traveling car that Doc Brown and Marty McFly zipped around in there is now for real, only minus a few bells and whistles like the time-traveling aspect. Senior Auto's reporter Pras Subramanian here to tell us about it. I love that movie. Actually, underrated sequel and part three. I'm just telling you. They're all pretty good.

- I have to watch all three.

- But does the car follow up as well as the sequels did?

PRAS SUBRAMANIAN: You know, we got a tease of it today, right? We got some images of that car. You know, look, if any brand could really capitalize on that electric nature of a car, its DeLorean, right? You know, from the movie, 88 miles per hour, the gigahertz, all that stuff, the Flux Capacitor.

- Flux Capacitor.

PRAS SUBRAMANIAN: You know, but-- but all joking aside, this is an interesting car with a-- with a unique flip. It has that-- has that-- the gull-wing door's butt. It's actually a sedan, not a coupe. So there's-- there's actually two rows of seating in there, right? Impressive stats. Like, sub three second, zero to 64. Four and 1/2 seconds, zero to 88 miles per hour for those in the know, right? 300 miles of range, all that jazz.

Probably going to be over $100,000 bucks, pay $100, $150,000 dollars. A little-- middle-- you know, it'll, kind of, compete with the-- the Lucid Airs and maybe the-- the higher end Tesla Model S's, right? The big question is, can they get this car actually made? DeLorean, kind of, a company that people didn't realize was still around. They make parts with the old cars. So now, they want to do this, try their hand at an-- at an actual new car. So that's the big question. It'll be actually on display at Pebble Beach this year in August.

- So they've-- they've been around all these years?

PRAS SUBRAMANIAN: Yeah, in the mid-'90s, some-- a British enthusiast bought the brand, bought the trademarks and the-- all these spare parts, moved it to Texas. And they just refurbish older DeLoreans. And-- and they sell the spare parts to owners.

- Well, Pras, you mentioned the fact that they have just this little hurdle of actually getting the car made.

PRAS SUBRAMANIAN: Yeah.

- Do we have any idea just in terms of the potential timeline of this?

- Just the details.

- Yeah, are we talking, like, four years, five years? Are we talking 10 years?

PRAS SUBRAMANIAN: I would think that you're--

- We have no idea.

[LAUGHTER]

PRAS SUBRAMANIAN: If they're going to reveal that-- that prototype in August, I think give it two years, right?

- Yeah.

PRAS SUBRAMANIAN: And then, they got a lot of money from the state of Texas and San Antonio to build a facility. So they're going to try to do that there. I agree, [? Sean. ?] Like, let's see this thing for real. Then we can, kind of, go from there.

- All right.

- If they don't get Biff for the marketing campaign, they have failed me. Hello.

[LAUGHTER]

Hello, McFly. Like, if they don't do that, I'm out.