It may not be able to travel through time but the DeLorean is to take a step into the future.
The car made famous in the Back to the Future movies (from 1985 to 1990) is being turned into an electric vehicle - powered by a battery pack rather than a flux capacitor, of course.
Texas-based DeLorean Motor Company bought the rights and inventory of parts in 1995 and has been churning out ''new'' DeLoreans since.
It has joined forces with Epic EV, a new electric-vehicle company, to produce the DMCEV.
The joint venture is aiming to have cars on sale by 2013, though no pricing details have been released yet.
The electric DeLorean is expected to acheive a top speed of 200 kilometres per hour - though there are no details on whether anything happens when the car reaches 88mph (141kmh).
The original DMC-12 was the brainchild of John Z DeLorean, who quit a senior position with General Motors in the 1970s to pursue a dream of building a safety-conscious, ethical car.
He formed the DeLorean Sports Car Partnership and raised enough cash to get the ball rolling (in highly suspicious circumstances, it was later found), while the British Government came to the rescue with funds and a factory in Dunmurry, Ireland.
In 1981, the DMC-12 made its debut, powered by a rear-mounted 97 kW 2.8-litre V6, but sales never got near DeLorean's 30,000-per-year claims.
When DeLorean was implicated in an FBI drug bust in 1982, his company was already in deep trouble, and while he was acquitted in 1984, the car company had already hit the wall, destroying his reputation. He maintained his innocence in the scandal until his death on March 19, 2005.
- Sydney Morning Herald
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