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San Antonio startup DeLorean says it's still in operation despite quietly moving offices

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Delorean Motors Reimagined News

Ev Alpha 5,San Antonio Offices,Alpha 5 Nfts

Electric vehicle startup DeLorean Motors Reimagined confirmed in a Tuesday email to customers that it's still in business even though it quietly shuttered its Port San Antonio headquarters late last year.

The electric vehicle company's CEO said it moved offices to be in a 'more centralized location' and disconnected its phone lines because 'no one used them.'

"Upon investigation, we have identified the root cause and promptly notified our partners," DeLorean's email said."They are diligently working on implementing a solution as we speak. Rest assured, we're committed to resolving this matter swiftly and efficiently." In 2022, DeLorean officials pledged to create 450 jobs in San Antonio in exchange for some $1 million in city and county tax breaks. However,In Tuesday's customer email, DeLorean officials explained that they'd relocated the company headquarters to 102 9th St., Suite 200, inside the Phipps Building, the downtown office complex that also houses rooftop nightclub Paramour.

Yuan didn't comment on whether NFT IQ is still in business, nor did he explain the whereabouts of DeLorean customers' NFTs. However, he said the car company's execs are actively working to find a new NFT host.

 

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