The Elio has an innovative low-cost design and high mileage which makes it the perfect commuter vehicle, designed for people who need the occasional functionality of a pick-up truck, minivan or SUV.
They might be looking for an affordable and fuel efficient solution for their solo-driving and the Elio will serve that cause admirably. The U.S Census Bureau revealed that 76.3% of all commuters drive solo to work every day.
It relates to a major portion of the American population driving a vehicle with four empty seats to work every day, in gasoline-consuming vehicles. The Elio will make an immediate impact on the environment and lower our dependence on foreign oil.
Stay tuned for more updates on Elio Motors!
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Don’t believe the hype. This company has been asking for money and promising production for years without ever proving any of the technology or performance they claim. Where are the EPA mileage test results? Why can’t it ever meet an announced production start date?
There is an error in the article. This line should read: “Meanwhile, the company has been looking for investors to produce up to $300 million…..”
I can’t wait to see this company soar and beat BIG oil! many want to see this company fail but many more like me are just waiting for the chance to take 1-3 home for daily use! I’ve calculated the cost of owning 1-3 compared to having my 3 current vehicles whose years are from 2003 to 2009 and a 150cc scooter; hands down the cost for 3 Elios beats them. Someone like Elio has to be innovative or we would be stuck riding around like the Flinstones or horse drawn carriage still. Believe me, I know it’s hard to believe the guy but he has come up with something so different than what we are all use to and it has so much great potential, why not help this idea thru and see it succeed?
just my thoughts 🙂
–BEWARE– Elio Motors has been taking ‘RESERVATIONS’ for 2 ½ years, but is still short $230 MILLION needed to reach ‘production’.
In fact, their $100 – $1,000 reservations DO NOT guarantee that you will ever get a vehicle; Elio Motors says: “ we are under no obligation to supply you with a vehicle.“
– And when asked, they refuse to provide which ‘reputable financial institution’ is responsible for their “Refundable” escrow account.
– Even with the “$17 million collected for “reservations”, they have NOT BUILT nor TESTED one complete Pre-Production Prototype with operable systems to ‘validate their claims’ of fuel economy, or safety!” …. since 2008.
– If you ask any ‘difficult’ questions, or express ‘discontent’ on their FaceBook page, it is [DELETED], and you are “BLOCKED”! Interesting ‘concept’; but NO WAY they will be in production and on the road, by Mid-2016, as they ‘claim’. – Their ‘Production Date’ has already ‘slipped’ from Jun/Jul 2014 → 1st Qtr 2015 → 3rd Qtr 2015 → to First ½ 2016!
– They have NOT demonstrated their “84mpg” and do not guarantee their ‘selling price’ of $6,800. They have never ‘demonstrated “at least 75mpg” to QUALIFY for the ATVM LOAN. They are ‘fleecing’ our citizens.!
The prototype with the proposed engine, trans, etc, etc has not been built, therefore, the price, mileage, top speed, etc has not been proven and all appear to exceed reality.