We’ve heard several rumors of Alfa Romeo working on a high-performance coupe, based on the Giulia Quadrifoglio, to take on cars like the BMW M4 and Mercedes-AMG C63 Coupe. While it’s now been confirmed that Alfa Romeo will, indeed, be making a high-performance coupe, it’s now more likely that it will compete with the BMW M8 and not the M4.

In a recent tweet from the FCA, it’s been announced that the Italian brand will be making a coupe and it will be called the Alfa Romeo GTV. Fantastic. The tweet followed the FCA’s Five Year Plan meeting in Italy, so expect the GTV within the next few years.

The GTV name is quite old, being one of the brand’s most iconic nameplates. So it’s awesome that Alfa is bringing it back. What’s even better is what this new Alfa Romeo GTV is going to be. According to the FCA’s tweet, it’s going to be a 600+ hp coupe with e-boost. That confirms the rumors that this coupe is going to be some sort of hybrid. While it might not be a plug-in hybrid, with pure electric driving capability, it’s likely to be some sort of MHEV (Mild Hybrid), with an electric motor to add additional power and torque, so as to reduce turbo lag, sort of like the BMW i8’s rear electric motor.

According to this tweet, it will also come with all-wheel drive and torque vectoring, which sort of hints that it’s going to be a bit bigger of a car than the BMW M4. Which is why it’s probably going to be more of an M8 competitors, especially with 600+ hp. It will also feature 2+2 seating which, combined with its all-wheel drive layout, hints at it being more of a high-performance grand tourer than a proper sports car, much like the M8.

This tweet also boasts a 50/50 weight distribution, which is impressive considering its all-wheel drive and e-boost. Though, Alfa has done a remarkable job of shedding weight with the Giulia Quadrifoglio, so it wouldn’t surprise us if the Italians nailed this GTV’s weight distribution.

Alfa Romeo isn’t stopping there, though. Apparently, the Italians are considering a 700+ hp, mid-engine hybrid supercar, dubbed the Alfa Romeo 8C. That would be insanity and we’d love to see such a thing.

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This is all very exciting news, as the current Alfa Giulia is a great car that we like quite a bit. It has its problems, of that there’s no doubt, but it’s an incredibly charming car that’s highly desirable. We have no doubt that the Alfa Romeo GTV will do the same and more. Plus, the more great cars on the road, the better. Competition breeds excellence and we can’t wait to see what becomes of the competition between this GTV and the M8.