This project is incredibly iffy looking. My hunch is someone got a grant and is going to spend it. If any product actually comes about, it will either be incredibly limited in production (since you can't Federalize a 30 year old chassis, this can only be sold under extremely niche exemptions) or something completely different from what they are showing right now.
Aside from the design (which is nice, for sure) there is really nothing good about the DMC12. Gullwing doors are f*cking stupid, the stainless panels are nothing but a huge pain in the ass, and the powertrain was pathetic. Basically a stock Rabbit GTI would run circles around this coke fueled dream car. The figures they are claiming for this new EV version actually match the performance that the original car should have had 30 years ago.