The electric return of Renault’s iconic sports car has just taken a step closer to reality—and we got our first glimpse of it.

Renault's new compact hot hatchback has 540 horsepower and is inspired by the Renault 5 Turbo. Production will be limited to 1,980 units.

Other than the lack of an actual turbocharger, the Renault 5 Turbo 3E gets a similarly bolstered body kit as its 80s predecessors and a similar boost in power. In fact, the only bits carried over from today’s standard 5 are the windscreen, door mirrors and handles, rear lights and some of the interior bits.