Back in April, Renault gave us a bit of a price shocker when they announced that their widebody, all-electric R5 Turbo 3E, a tribute to the iconic 5 Turbo, would set buyers back an astonishing €155,000 (a little over $175,000 at current exchange rates). Naturally, many scoffed at the idea of an electric hot hatch costing more than a new Porsche 911 GTS, but as it turns out, demand for the car is, well, shockingly strong.

Read: Renault 5 Turbo 3E Is An Electric Hyper Hatch With Over 500 HP

At their recent Annual General Meeting in France, Renault shared some interesting news: within just one week of the R5 Turbo 3E’s launch, they had secured an impressive 850 orders for the 1,980 units they plan to produce worldwide. What makes this even more noteworthy is that these allocations aren’t as simple as a quick call to your local Renault dealer. Securing one of these hyper hatches is a bit more complicated – and a lot more costly than you might think.

A Hefty Deposit for a Hefty Price Tag

To get in line for the R5 Turbo 3E, prospective buyers need to fork over a non-refundable deposit of €45,000 (around $51,000). This means Renault has already pocketed a cool €38.25 million ($43.2 million) in deposits. The company has confirmed that these funds will help complete the development of the hot new EV, so it’s not just the customers who are investing in this electric dream.

Just a few days after Renault first announced that order books for the car would open, company boss Fabrice Cambolive took to LinkedIn to confirm that 500 customer reservations had already been placed alongside an additional 200 from its dealers. Evidently, there are more people out there willing to spend an extraordinary amount of money on an exciting Renault.

Impressive Specs for a Pricey Package

The R5 Turbo 3E is based around a carbon fiber monocoque with two in-wheel motors out back. Together, they churn out a combined 540 horsepower, propelling the sub-compact car to 62 mph (100 km/h) in just 3.5 seconds.

Under the hood, the 70 kWh battery pack and 800-volt electrical architecture should give the car a range of over 250 miles (400 km). And, if you’re in a hurry, a quick 15-minute charge can take the battery from 15% to 80%. So, while it may cost an arm and a leg, at least you’ll be getting some serious performance in return.

Nissan has several projects in the pipeline right now, and one of the more interesting ones is the fully electric Micra. A camouflaged prototype of the small hatchback was spotted testing ahead of its European market launch in 2026. The Micra will be manufactured by Renault, sharing its underpinnings with the upcoming R5 E-Tech.

More: Renault 5 Turbo 3E Is A 535-HP Supercar Disguised As A Hot Hatch

While we’ve seen glimpses of the new Micra’s exterior design in official teasers over the past few years, the spy shots are our first real look at the model. The proportions, roof structure, and overall greenhouse seem to mirror the Renault version, but the bodywork has been completely reworked.

Design Influences and Unique Features

The round headlights of the Nissan Micra are similar to those on the Mini Cooper, which also has an electric variant. However, Nissan has thankfully put its own spin on things like body-colored inserts and a grille-less front end. The bumper features a single cooling intake, and it looks like the black accents from the teaser images are actually fully blocked off.

Other interesting design touches include the round LED taillights, hidden rear door handles, and futuristic four-spoke alloy wheels. The sub-4m long, five-door hatchback will also feature glossy black cladding around the wheel arches, keeping in line with the current trends in automotive design.

Powertrain and Battery

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The Nissan Micra will ride on the AmpR Small platform, already used by the Renault 5 E-Tech and the Alpine A290 hot hatch. It’s expected to offer a choice between 40 kWh and 52 kWh battery packs, with the larger pack providing a range of over 400 km (250 miles).

More: Mitsubishi’s American EV Will Be A Nissan In Disguise

In terms of power, the Micra could mirror the Renault 5’s options, with a single electric motor producing 94 hp (70 kW / 95 PS), 121 hp (90 kW / 122 PS), or 148 hp (110 kW / 150 PS). A future performance version of the Micra, partly inspired by the extreme Nissan Concept 20-23, might even borrow the 217 hp (160 kW / 220 PS) motor from the Alpine, though Nissan’s financial situation might put a damper on that idea, as a low-volume hot hatch would require a substantial investment.

Pricing and Availability

Given the Renault 5 E-Tech’s pricing, we can expect the electric Nissan Micra to start at around €25,000 (about $28,200 at current exchange rates) when it launches in Europe next year. Beyond the Micra, Nissan has more electric offerings in the pipeline for Europe, including a zero-emission version of the Juke and a new-generation Leaf crossover. There are also reports that the company is developing an even smaller and more affordable urban EV, based on the upcoming Renault Twingo E-Tech.

Nissan

President Donald Trump‘s import tariffs that went into effect on April 2 have worldwide implications as they have disrupted most countries’ (including America’s) economies and almost all brands’ plans. The latest to be affected is Renault-owned Alpine, which was set to launch in the US market in 2027 – but now this plan has been put on hold.

Renault will most likely delay its sports car sub-brand introduction in the States as it awaits for the dust from Trump’s tariffs to settle. This is part of the French brand’s decision to put certain projects on ice to reduce costs so as to minimize an economic impact if the trade war between the US and the rest of the world slows down growth, CFO Duncan Minto explained.

More: Alpine’s New 911 Rival Is Hiding Under This Little Known French Racecar 

As Minto told Auto News, the delay is “perfectly normal” under the current circumstances. That’s despite the fact that expanding to the second-largest auto market in the world was key in CEO Luca de Meo’s intention to boost the sports car maker’s revenue to more than €8 billion ($9.1 billion) by 2030. This was, in itself, quite an ambitious goal since, last year, Alpine sold a mere 4,585 vehicles.

While the market for two-door sports cars like the Alpine 110 is shrinking, that of electric cars is expanding – and it so just happened that the brand last June introduced its first-ever EV, the A290 GT, at the 24 Hours of Le Mans. It is a Renault 5 E-Tech-based hot hatch with more aggressive styling cues and, in Performance trim, a single electric motor with 217 HP driving the front wheels that’s good enough for a 0-62 mph (0-100 km/h) sprint in 6.4 seconds and a 236-mile range. A less powerful version, simply badged the A290 GT, gets a lower 178 hp output and is one second slower to 62 mph.

This will be followed up by the A390 electric sports crossover that will be unveiled this year and should prove more popular with US buyers. By 2030, Alpine intends to launch five more EVs, so de Meo’s plan for the brand’s rapid increase does make sense. Or rather did, before Trump made good on his promise of an “America First” economic policy and implemented harsh tariffs on imports.

If you’re a car enthusiast with a burning desire to own a piece of automotive history (and, let’s be honest, an ample bank account to match), Renault is about to offer you the opportunity to splurge. The company has just announced that the all-electric Renault 5 Turbo 3E will carry a price tag starting at €155,000 (about $177,000 at current exchange rates) or £135,000, with deliveries set to begin in 2027.

For those keeping track, that’s more than the price of a new Porsche 911 GTS ($169K) in America or two new BMW M2s (£68K) in the UK. In fact, for the price of this limited-edition hot hatch, you could buy a BMW M2 ($65K), a Hyundai Ioniq 5N ($66K), and a VW Golf GTI ($32K), totaling $163K in the US! And, because this is a limited-edition model, only 1,980 of these hyper hatchbacks will roll off the production line. So, if you’re planning to snatch one up, you better move fast, or prepare to pay even more.

A Throwback to the Turbo Legends

Renault lifted the lid on the new R5 Turbo 3E late last year after first previewing it as a concept in 2022. It’s been conceived as a modern-day interpretation of the legendary Renault 5 Turbo and Turbo 2. It looks absolutely brilliant and packs quite a punch, too, but interested shoppers had better be quick to secure an allocation, or they may end up paying even more.

Read: Renault 5 Turbo 3E Is An Electric Hyper Hatch With Over 500 HP

According to the French brand, the factory price of €155,000 (~$177,000) or £135,000 is limited to the first 500 units. That price also comes before any options, accessories, and personalization choices. What’s more, those who want to secure an allocation must hand over an eye-watering €45,000 (~$51,000) downpayment. Oh, and by the way, that amount is non-refundable, so you’d better be sure you really, really intend to buy it.

It seems Renault needs this money to finish the car. In a press release, Renault said that funds secured from downpayments from private customers, as well as any dealers securing an allocation, will “contribute to financing the development of Renault 5 Turbo 3E.”

Customization and Delivery Timeline

From early 2026, shoppers will be contacted by their selected dealer and can then customize their car. They’ll also be given a chance to meet with Renault designers to create a bespoke exterior and interior livery, should they wish.

Underpinning the 5 Turbo 3E is a bespoke carbon fiber monocoque chassis with two in-wheel electric motors at the rear. It delivers 540 hp and can hit 100 km/h (62 mph) in just 3.5 seconds. Providing the motors with juice is a 70 kWh battery pack. The electric uber-hatch an 800-volt architecture, allowing it to be charged from 15 to 80% in just 15 minutes. It sports a quoted range of over 250 miles (400 km).

A Few Rivals, Sort Of

The R5 Turbo 3E doesn’t have any direct competitors, but if we’re being real, the closest comparison might be the Hyundai Ioniq 5 N. Sure, it’s not limited edition, doesn’t have a carbon fiber chassis, and lacks the R5 Turbo’s legacy, but it does offer more power and costs about half as much.

But, for those who hold nostalgia in high regard (and we know you do), the Ioniq 5 N is missing something crucial: a bit of history and flair that the Renault 5 Turbo packs in spades.

A flurry of orders, rave reviews and a Car of the Year gong proved Renault made the right decision bringing the 5 back as an EV, and now it’s taken the retro-electric idea a step further. The 5 Turbo 3E is a 535 hp (540 PS) tribute to the nutty 1980s Renault 5 Turbo rally car that reaches showrooms in 2027.

Related: Renault 5 Turbo 3E Is An Electric Hyper Hatch With Over 500 HP

Though it looks like a regular front-wheel drive 5 EV with a wide-arch kit (and you can bet plenty will be converted), the Turbo 3E is built around a bespoke aluminium platform and carries over only a few details like the rear lights and door mirrors. At 1,450 kg (3,200 lbs) VW Golf GTi.

Dual Motors, Drift Mode, and Serious Speed

It features two in-wheel motors at the back making 200 kW (268 hp / 272 PS) each and Renault promises it’ll be capable of pulling off some epic slides with the help of a drift-assist function and rally-style vertical handbrake. A sub-3.5-second zero to 62 mph (100 kmh) time is quoted, which means performance should be on a par with the Hyundai Ioniq 5 N.

A 70 kWh battery housed under the floor provides up to 248 miles (400 km) of range when driven sensibly, and unlike the everyday 5 EV, this one has 800-volt electrics, meaning it can handle 350 kW charging and fill from 15-80 percent in 15 minutes.

Compared with the stock 5 the two-seat Turbo’s 2,570 mm (101.2 inches) wheelbase is 30 mm (1.2 inches) longer and the windscreen moved back to alter the proportions. Renault says the platform was developed by Alpine so we’d be amazed if this isn’t the same architecture we’ll find under the skin of the new A110 electric sports car due very soon.

Twenty-inch wheels tucked under each distended arch appear much bigger than that and upper vents cut into each rear quarter panel send air exiting through the rear bodywork. Their lower counterparts, meanwhile are used to cool the brakes. We don’t get to see much of the interior in Renault’s picture gallery but it tells us to expect six-point harnesses, carbon trim, Alcantara coverings and 10.1-inch and 10.25-inch OpenR screens.

Retro Colors, Price TBD

Renault launched the 3E in colors that tip a hat to the 1982 Tour de Corse livery of the original Turbo, but other colors and graphics will be available, some retro and others contemporary. There’ll also be plenty of personalization options to help part wealthy buyers from even more money.

Exactly how much money they’ll need to spend to get their hands on one of the 1,980 Turbos (that number a reference to the rally car’s launch date), Renault isn’t saying. But we’re expecting it to be in the junior supercar category. American sales aren’t planned, but fans in Europe, the Middle East, Japan and Australia will get the chance to place an order in the next few weeks with first deliveries scheduled for 2027.