Back to the future: DeLorean chooses San Antonio as global headquarters for electric-car comeback

Economics
Delorean
The original DeLorean automobile | Wikimedia Commons

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Automaker DeLorean Motor Company is going back to the future with San Antonio as its new home, News 4 reported.

With the Alamo City as its new home, DeLorean aims to grow a new electric vehicle (EV) production enterprise. It hinted at its return with a commercial that aired during Super Bowl LVI.

The DeLorean was featured in the "Back to the Future" trilogy as a time machine. The factory closed in 1982, before the first film was released, News 4 reported. About 6,000 of the original cars remain on the road, the story said.

DeLorean Motor Company will join Toyota, Navistar, and Tesla in the San Antonio regional automotive manufacturing hub, which stretches from the Austin region to Monterrey, Mexico, the station said. 

"San Antonio boasts a growing component and vehicle manufacturing sector as well as a wide array of global advanced manufacturing operations," DeLorean Motor Company CEO Joot de Vries said in a statement, News 4 reported. "This allows us countless synergies between established companies and suppliers in the broader region. A deep talent pool and a strong local academic ecosystem will foster further innovation."

“In an increasingly competitive electric vehicle market, San Antonio is ready to lead,” San Antonio Mayor Ron Nirenberg said. “By planning to establish their global headquarters in San Antonio, DeLorean is validating the talent, strategic preparation, and adaptability our region provides for EV manufacturers to thrive.”

At least 400 jobs will be created for the production of new electric vehicles, KSAT reported.

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