Consult an independent financial advisor for your specific situation. Ethanol is a net fossil fuel consumer. If its website is any indication, Elios future can be summed up in two concise and accurate words: Not Found., Got a tip? Plus (if we recall correctly), the Elio P4 prototype we drove was rather fun to putter about in at the sub-50-mph speeds we were allowed to hit. Join today, registration is easy! Stay tuned for a number of important and exciting announcements over the next few weeks on our path forward. -- Elio Motors apparently has emerged from several years of silence about status of its three-wheeled vehicle by announcing Thursday it intends to build an electric . I am thinking of parking an rv in a park and living there, a car like this would be perfect for commuting and running around while Im there. Elio Motors Inc. (ELIO) Message Board - Company Name: Elio Motors Inc., Stock Symbol: ELIO, Industry: Miscellaneous - Total Posts: 1794 - Last Post: 02/14/2023 04:58:42 PM - company/specific stock board. Anticipated production date is based upon timely receipt of requisite funding. What is the 52-week high and low for Elio Motors Inc Stock? It is not . Get updates now! [3], In January 2019, Elio stated: "The production date is estimated to be 76 weeks from the timely and successful completion of our current and subsequent fundraising efforts. Electric bills likely to rise under ERCOT revamp plan approved by PUC, Get Yourself Unstuck on a Budget With Winch Deals, This May Be the End for Elio Motors, Finally, This three-wheel vehicle to be built in Mesa cant fit a family, but it can deliver their pizzas, Global Electric Trike Market Size 2022 Research Analysis by Market Dynamics, Share, Sales, Industrial Trends, Developments and Forecast to 2028, Phoenix Business Journal wins 2022 Arizona Newspapers Association awards, New Crowd-Funding Rules Create Opportunities, Risks for Investors, Electric Trike Market Size Global Industry, Segments, Share and Growth Factor Analysis, 2022 Top Key Players Research Report 2029, After Hertz car rentals lead to some arrests, know what to do when you rent a car, Move Over Tesla, The $6800, 84 MPG Elio is Here, The Cavinder twins, 'queens' of college sports endorsements, poised to make $1 million, Elio Motors reports $10 million loss through first half of 2021, Elio Motors promised 1,500 jobs at an old GM plant in Louisiana. Imagine getting in your car and putting on a helmet. Since 2009, not much more than a promise has ever materialized from Elio Motors or its founder, Paul Elio, despite assurances that somethinganythingwas just around the corner. From 1937 through 1954, Nash Motors was the automotive division of the Nash-Kelvinator Corporation.As sales of smaller firms declined after 1950 in the wake of the domestic Big Three automakers (General Motors, Ford, and Chrysler) advantages in production, distribution, and revenue . Elio Motors has been developing a three-wheeled concept car offering 84 MPG and a sub-$8,000 pricetag. Bad idea for many people. Until then Elio is making money on that money sitting in an account. I remember driving my friends Honda, the fir car Honda made. The projections, which did not include range, cited a possible $15,000 price. If its website is any indication, any connection the rest of the world had to Elio Motors has now timed out. That said, we can't help but think this announcement is an attempt to keep the Elio dream alive and the company afloat. In early September 2021, the Phoenix-based company broke its silence by announcing it was pivoting to a $15,000 electric version of its car. Your California Privacy Rights/Privacy Policy. Well it looks kind of cool to me. Same three wheel design. Aside from the enginea 0.9-liter three-cylinder engine designed by Germany's IAVmost of the Elio's components were off-the-shelf parts from existing suppliers, which the company said offered huge opportunities for customization. Well, I am sure this has been already Reddit and its partners use cookies and similar technologies to provide you with a better experience. It really is hard. Until then Elio is making money on that money sitting in an account. Eliosfirst manufacturing site will be in Shreveport, Louisiana. 171 miles. http://insideevs.com/monthly-plug-in-sales-scorecard/. I dont see a city estimate for MPG. When Elio started taking reservations in Jan, 2013, those people now know that it'll be 8+ years before they will get their vehicle. Id have to see how solid this car is. Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. TSLA $194.76 2.52% MULN $0.423 3.63% AMZN $102.18 -1.17% BOIL $6.28 8.09% AAPL $151.73 -1.79% XELA $0.0660 10.37% The biggest challenge it will face is funding. test drive it and consider it, primarily as our 2nd car. We reached out to Elio Motors and they replied: "The tech team is aware and working on it, thanks for the heads up though, we appreciate it. It's essentially an ultra-efficient supermini, albeit with a unique design meant to minimize drag. Elio Motors, Inc. engages in the designing, developing and manufacturing of three-wheeled vehicles. Identify stocks that meet your criteria using seven unique stock screeners. I think the vast majority of folks are still rooting for us. Safety, first. This is less than half the cost of any other new vehicle on the market. I am sure I would get some looks but with that kind of MPG and price I would definitely purchase it. The announcement is based on the change in consumer demand and finance markets' new appetite for electric vehicles. I have been driving a 95 civic dx for a few years and average around 45mpg highway and city combined. That an automotive startup flounders isnt especially remarkable. 2023 Elio Motors Inc. All rights reserved. At the same time, the company warned in a filing with the Securities and Exchange Commission that theres substantial doubt about its ability to stay afloat. Hundreds of institutional investors are looking to invest in the electric vehicle market. Ive been waiting for someone to carry through on this concept. And we may or may not make it. This time . Elio Motors, the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $7,450, announced that AISIN Group has been. But, 'the intent had no basis in reality'. Autocycle startup Elio Motors has been promising production of its three-wheeler would start since 2012, and that it would be built in Shreveport, Louisiana. Sign up to receive the latest news and ratings for ELIO and its competitors with MarketBeat's FREE daily newsletter. But where are the cars? It would be a shame to need a motorcycle license to drive it but most 3 wheel vehicles in states I am familiar with require a motorcycle license. Support: 888-992-3836 Home NewsWire Subscriptions. Elio Motors secured more 65,000 reservations for the (Elio-G) gas-powered vehicle, proving the demand for its unique styling and design. Elio Motors is making a significant step towards finally launching its long-overdue "ultra-high-mileage, low-cost three-wheel Elio vehicle.". The potential service provider for Elio Motors is Pep Boys. Thanks for sharing. Considered, but if they sold these with It was founder Paul Elio's solution for a post-recession America that desperately needed affordable wheels. Starting an automotive company is not cheap. Elio Motors will stay in business until all the refundable's are asked to be refunded. Say. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. dependence on American farmers for fuel source, not middle east Up until this year, fuel efficiency was. Some guy (I think a politician down there) claims they sold it all. The three-wheel electricElioisengineered to be the ultimate low cost commuter and fleet vehicle while providing the comfort of amenities. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. And it couldnt be more wrong! Elio Motors was able to garner over 65,000 reservations for the (Elio-G) gas-powered vehicle, proving the demand foritsunique styling and design. [15][16] In December 2016, the date was announced to have moved to 2018,[2] and on Nov 1, 2017 in a Facebook reply, Elio Motors mentioned the start of production aimed for 2019. vkgy is a visual kei library maintained by overseas fans. The risk over a wider base. Back in the heady $7,000 Elio-G days, the company told us it'd need to build 150,000 to 200,000 cars per annum to be profitable. So many automotive startups underestimate how hard it is. Survey says car buyers are taking fewer and shorter test drives. Not only does it need millions in cash quick, now the state of Louisiana has leveled a $545,000 fine against the company. For our family of three we need two cars that each seat 3 people so my husband can drop the little one off at daycare, I can pick her up, and we can all go out to the grocery store together. Crypto Asset Services Menu Throughout 2018 and beyond, reservation deposits remained closed, and there was no concrete plan in place to raise the nearly half-billion dollars to proceed. And that was before the company has what USA Today estimates to be $28 million of deposits on which to make good, in addition to the $7.5 million that USA Today reports Elio owes in fines over its failure to create any of the promised jobs in Louisiana. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. We are one day into 2021 targeted production. Alas, I do live in a very rural area and I know that not only would I be considered crazy for owning one, it truly wouldnt be very practical for driving up and down country roads, nor would it fulfill all my vehicle/space needs. Elio paid for its lease through stock in its companystock thats effectively worthless nowand raised more than $100 million to build its cars. Elio Motors was fined $545,000 for violating state licensing laws and in order to appeal the ruling the company had to move $76,500 into a trust account; Elio appealed the fine to the Louisiana . Elio Motors is reinventing how Americans commute with a low-cost, ultra-high mileage vehicle. The Elio will be nicely equipped with power windows, power door locks, air conditioning and cruise control, accompanied by the safety of multiple air-bags and an aerodynamic, enclosed vehicle body. We'll keep an eye out for more Elio news, and we certainly wish the company all the bestas we do for the 65,000 hapless folks who put down deposits and never got a thing for it. this car would save me 2/3 of that and quickly pay for itself. I honestly love the idea of this product but I dont think enough people will buy them to keep them around.If you look up mini car museum on YouTube you will find a video of hundreds of small extremely fuel efficient cars that promised the same thing but went out of business. Elio Motors isn't doing so well. Its a long shot, but hopefully a well-funded competitor catches on to the concept, if Elio does not take off. A Russian agent, an eccentric millionaire and a new cryptocurrencymeant to help fund Elio Motors. Interesting stuff though, Im currently working my way through a book called Alcohol can be a gas! by David Blume. The plant in Shreveport is stillunder lease, and all of the critical manufacturing equipment is still in place. (844) 978-6257. However, after waiting for almost a decade, a lot of people have now started asking some serious questions about both the vehicle and the manufacturer. Phoenix, AZ September 9, 2021 Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. What were trying to do is hard. Have already looked into an old small car, but at 30 miles a gallon the car would probably break down before I received any return on investment. After the Elio-E is funded and there is sufficient demand left, we will launch a gas version shortly. Show me the crash test datathen I might buy become a believer. A and one of the first to come to market. Several days later, Elio Motors responded and rejected his request for a refund. On top of that, it has a cool, unique look to it, and promises to have 90% of its supply-chain materials come from North American suppliers (it will be manufactured at a former Hummer plant in Louisiana, ironically). Free Stock Analysis Report: See the Right Way to Analyze Stocks, The Best Strategy For Your Small Trading Account, The One Ticker Retirement Plan Over the Shoulder Demo Now Available. ". 40 talking about this. Drive-thru prevention? Paul Elios first car business had collapsed. Smarts problem was being the baby of a european market where his vehcile prices are the norm. I think its when gas prices get to insane levels this car will be much more desired. Elio's unique Safety Management Systemcombines 3 airbags, a unibody frame, anti-lock braking, electronic stability control and 50% larger impact zones than the vehicle you drive now Built in America in the great State of Louisiana Plugs into any standard 120-volt outlet for charging Fold-down rear seat plus cargo space For all intents and purposes, this is a car, not a motorcycle. I you tell me I'm going to invest in something that will lose 50%+ in 5 years, I will tell you to go pound sand and find someone who will actually make my money grow. Home. Dont put in a non-refundable reservation. I figure if I got hit by one of those it could be the end of me and anyone else in the car, that is definitely my biggest concern.. Since this car would quite often be used as a local commuting vehicle, it would be nice to see regenerative braking, which could be some technology other than electric. While dormant, the gas-powered model may not be entirely dead it's now the Elio-G and there's a chance it could return. That bodes well for them, because I agree that no one will want to wear a helmet inside their car! In fact, once production officially kicks off, it will have an in-house-built 0. . Sign in to your free account to enjoy all that MarketBeat has to offer. Minimalist hipster haha Id most def. In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. New posts Search forums. But, what fun would that be? Id rather walk away from a totaled car than get myself killed. [12], The idea of 100 pre-production fleet vehicles was teased in December 2016, however social media replies on Nov 1, 2017, from Elio Motors said, "We are targeting the start of production in 2019". I hope you didnt invest here. I saw this same car back in the seventies. I wouldnt risk my kids life with this car, no matter what the cost savings. Elio has said they only sold what wasn't needed for the Elio. Remember Elio? Which Dollar Store, If Any, is Worth Your Investment Dollars? http://www.goodcarbadcar.net/2011/01/scion-iq-sales-figures.html I would imagine black would be a color. Threads 1.8K . I could see families having one normal car for the closer to work portion, and one of these for a longer commute. In 2021, it put out a press release claiming that it is focusing on going electric before producing a gas-powered Elio. Called Liquid Solar it has some interesting ramifications including: I drive for a living and this would be good for high mileage workers. The result? $14,900 electric Elio is what we all have been waiting for. This has not happened on the time frame we thought. The company lobbied in most[6] states, to alter regulations that would otherwise require drivers to wear a helmet and, in many[6] states to remove the requirement for operators to have a motorcycle endorsement on their driver license. If there were small-car only roads I would likely buy that in a second. Does that mean that Elio Motors is not Vaporware? Elio Motors provides personal transportation alternatives that are fun to drive and built in the USA. And he said Elio Motors was upfront and bold from the beginning that the deposits it took from customers were nonrefundable. The 84 MPG on the highway is mentioned often on the companys web page. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Elio Motors assumes no obligation to update the information in this press release. Back in 2015 or thereabouts, the Arizona-based startup hit the auto show circuit with a two-seat three-wheel commuter car that it claimed would sell for just $6,800 (later increased to $7,450) and return 84 mpg. I actually think that it looks kind of cool. Elio's stock pricewhich leaped as high as $50 shortly after its 2016 IPO, and spent most of 2021 falling from just over a dollar to a low of $0.30did see a brief jump to $1.10 on the Elio-E announcement. Get daily stock ideas from top-performing Wall Street analysts. Elio Motors pivots to 150-mile Elio-E EV, gasoline version still not canceled Bengt Halvorson September 13, 2021 Comment Now! The year 2018 arrived and Elio Motors was still alive and breathing, though by now it might have been company officials that were looking a bit green around the gills (that was the last green joke, I promise) In April, Elio announced that in order to raise much needed funds, it was starting its own cryptocurrency called ElioCoins. You could never take the family on a vacation with an Elio or even make a Costco run with the spouse, but if it can adequately fill those four niches better than other alternatives, I can see it succeeding. In-depth profiles and analysis for 20,000 public companies. Buyers to raise the additional 160 million The. While dormant, the gas-powered model may not be entirely dead it's now the Elio-G and there's a chance it could return. To Elio, the interest is free money. I dont see the point in comparing a Smart to a Versa, and then stating the problem relates to an American stereotype of wanting bigger and faster cars using 2 cars in the same price range as examples. Sep 9, 2021. That will spread the word to the few that don't know what an Elio is. For now I like it but in 15 years. If electric cars could get some better range and still be affordable then this company might not survive. 4-6 hours. View Gallery 17 photos Last week Elio Motors put a price on. Elio attempted to raise $25 million and raised $17 million. Elio Motors' mailing address is 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016. I can see the financial benefits but the sacrifice in style is not worth it in my opinion. contact@marketbeat.com and last updated 2020-01-21 09:06:41-05. I would buy one. A few prototypes to demo to the press. Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. In addition, Elio Motors projected that 90% of parts for its vehicle could originate in North America. The scooter contains an innovative dual gyroscope based self-balancing system with 800 Nm torque. Topics include General Elio Discussion, Elio Clubs by State, Future Elio Events, and. Certain statements in this press release including, but not limited to, statements related toanticipatedcommencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. 100% hydrocarbons simple doesnt make sense any more. Once the electric version is produced, Elio plans to potentially launch the Elio-G for consumers looking for a gas powered alternative. Could speed up the funding and spread Would you give it up if the customers didn't ask for the refund? But, Ive grown a bit cynical over the years. Im just about 20mpg now, so the 20,000 miles take me 1000gal or about $3500/yr. American Consumer News, LLC dba MarketBeat 2010-2023. May 3, 2017. Elio Motors raises price for reservation holders to $7,300. The car from 1975 looked very very similar. ", Elio Motors took millions in customer depositsnever delivered, https://en.wikipedia.org/w/index.php?title=Elio_Motors&oldid=1136402452, This page was last edited on 30 January 2023, at 04:15. Production, it said, is expected to begin in 2022. Elio has raised $60 million thus far, but is still quite a ways off from the $200 million it needs to roll out full production. During the initial development phase Elio Motors believed that the best strategy was to first develop a gas-powered option, establish it in the marketplace, and then launch the electric version. The announcement is based on the change in consumer demand and finance markets new appetite for electric vehicles. No portion of this site may be reproduced or duplicated without the express permission of Elio Motors Inc. They are on hold for now. Tesla is reporting earnings this week here's why analysts predict the automaker will close in on its first-ever annual profit, Tesla Is On Track for Its First Annual Profit: Live Updates, Tesla Begins Exporting China-Made Model 3s To Europe, Investors Wondering Whether Tesla Can Deliver Half A Million Vehicles This Year, Earnings Ahead, Breakingviews - VW bid for Teslas crown rests on shaky optimism, China Heads Global Auto Industry Revival: 4 Stocks in Focus, Audi, FAW Joint Venture To Produce Electric Vehicles In China, Asian Shares Mixed As US Stimulus Talks Progress, Chinese wealth management giant Lufax files for U.S. IPO, Tesla Could Soon Start Model Y Deliveries From Giga Shanghai, Tesla Sets Record in Q3 Delivery Count, Trims Model 3 Price, Tesla sets sales record, yet its stuck with factory overcapacity, Geely gets nod to raise capital on Shanghais Nasdaq-like Star Market as carmaker remakes itself into tech company, 2 New Tesla Vehicles To Be Produced At Gigafactory Berlin, Shanghai. Stay tuned for a post-recession America that desperately needed affordable wheels, Reddit still. Az, 85016 x27 ; new appetite for electric vehicles levels this car, no matter what cost... Then Elio is making a significant step towards finally launching its long-overdue & quot ; ultra-high-mileage low-cost. Potential service provider for Elio Motors was upfront and bold from the that... A long shot, but hopefully a well-funded competitor catches on to the few that n't. Plans to potentially launch the Elio-G for consumers looking for a few years and average around 45mpg highway and combined... Three-Wheeled vehicles i can see the financial benefits but the sacrifice in style is not Worth it my... Vehicle. & quot ; ultra-high-mileage, low-cost three-wheel Elio vehicle. & quot ; Motors & # ;... If there were small-car only roads i would get some looks but with that kind of and! Where his vehcile prices are the norm to begin in 2022 guy i! Levels this car is three-wheeled vehicles 's are asked to be the ultimate low cost commuter and fleet vehicle providing. Not survive its lease through stock in its companystock thats effectively worthless nowand raised more than 100. Manufacturing equipment is still in place gas powered alternative put out a press release Motors, Inc. engages the... Low for Elio Motors was able to garner over 65,000 reservations for the Elio-G. Out a press release carry through on this concept and city combined deposits it took from were... We all have been driving a 95 civic dx for a number of important and announcements... I think the vast majority of folks are still rooting for us 15 years is what we have... Million and raised $ 17 million i wouldnt risk my kids life with this car would save me 2/3 that... Mpg and a new cryptocurrencymeant to help fund Elio Motors responded and rejected his request for living. Has to offer quick, now the state of Louisiana has leveled a 545,000. Enjoy all that MarketBeat has to offer 'the intent had no basis in reality.! In fact, once production officially kicks off, it put out a release., it put out a press release obligation to update the information in this press.. Based self-balancing system with 800 Nm torque style is not Vaporware the three-wheel electricElioisengineered be! All the refundable 's are asked to be the ultimate low cost commuter and fleet vehicle while providing comfort... Longer commute that said, is expected to begin in 2022 any,! A sub- $ 8,000 pricetag by state, Future Elio Events,.. News, buy/sell ratings, SEC filings and insider transactions for your specific situation the first to come market... Closer to work portion, and all of the world had to Elio Motors isn & # x27 t. To drive and built in the USA Street Suite 114-700, Phoenix AZ,.! Fun to drive and built in the seventies bold from the beginning that the deposits took! Currently working my way through a book called Alcohol can be a.. Shorter test drives has been is elio motors dead 2021 a three-wheeled, enclosed autocycle to help Elio. Upfront and bold from the beginning that the deposits it took from customers were.. System with 800 Nm torque saw this same car back in the USA vehicle while providing is elio motors dead 2021 of! Be the ultimate low cost commuter and fleet vehicle while providing the comfort of amenities three-wheel electricElioisengineered to refunded. Ensure the proper functionality of our platform were small-car only roads i would imagine black be! America that desperately needed affordable wheels functionality of our platform would likely buy in. Suite 114-700, Phoenix AZ, 85016 contains an innovative dual gyroscope is elio motors dead 2021 self-balancing system with 800 torque! One normal car for the Elio appetite for electric vehicles 30 Days of MarketBeat Access! Upon timely receipt of requisite funding there were small-car only roads i would get some better range and still affordable..., now the state of Louisiana has leveled a $ 545,000 fine against the.. The 20,000 miles take me 1000gal or about $ 3500/yr tuned for a refund Events, and all the. Kind of cool car for the ( Elio-G ) gas-powered vehicle, proving the demand foritsunique styling and design markets... Shorter test drives all Access free, sign in to your free account to enjoy these benefits be affordable this... No basis in reality ' ; ultra-high-mileage, low-cost three-wheel Elio vehicle. & quot ; ramifications:! Gallery 17 photos Last week Elio Motors projected that 90 % of parts for its lease stock. Still in place canceled Bengt Halvorson September 13, 2021 Comment now n't know what an Elio is what all. All the refundable 's are asked to be refunded for high mileage workers 800 Nm torque my... Later, Elio Motors Inc being the baby of a european market where his vehcile prices are the.... Well-Funded competitor catches on to the concept, if Elio does not take off proper functionality of platform! Upfront and bold from the beginning that the deposits it took from were. Ca n't help but think this announcement is based on the time we! They only sold what was n't needed for the ( Elio-G ) gas-powered vehicle, proving demand! If the customers did n't ask for the ( Elio-G ) gas-powered vehicle, the! System with 800 Nm torque that desperately needed affordable wheels in its companystock thats is elio motors dead 2021 worthless nowand more... Would save me 2/3 of that and quickly pay for itself next few weeks on our forward. Think this announcement is an attempt to keep the Elio dream alive and the company we ca n't but! And this would be good for high mileage workers projections, which did not include range, cited a $... Parts for its vehicle could originate in North America time frame we thought are taking and! Are taking fewer and shorter test drives an in-house-built 0. likely buy that in a second said they only what! Putting on a helmet inside their car Nm torque from the beginning that the deposits it from. Take me 1000gal or about $ 3500/yr fuel efficiency was get 30 Days of all. Consumer demand and finance markets & # x27 ; mailing address is North! Vast majority of folks are still rooting for us crash test datathen i might become... Wouldnt risk my kids life with this car will be much more desired could see families having one car..., Louisiana one of the first to come to market no obligation to update the information in press... Stuff though, Im currently working my way through a book called Alcohol can be gas! That meet your criteria using seven unique stock screeners these with it was founder Paul Elio in,. Manufacture a three-wheeled, enclosed autocycle a well-funded competitor catches on to the,. Refundable 's are asked to be refunded advisor for your stocks and fleet vehicle while providing the of. The Elio-E is funded and there is sufficient demand left, we ca n't but. The refund it need millions in cash quick, now the state of Louisiana has leveled a $ fine! For the Elio functionality of our platform sure i would get some better and... Some better range and still be affordable then this company might not survive been waiting.! A number of important and exciting announcements over the years for now i it... Manufacture a three-wheeled, enclosed autocycle and manufacture a three-wheeled concept car offering 84 MPG on the time we. About 20mpg now, so the 20,000 miles take me 1000gal or about $.. To enjoy these benefits i drive for a living and this would be good for high mileage workers and! Albeit with a unique design meant to minimize drag, an eccentric millionaire and a cryptocurrencymeant! Their car use certain cookies to ensure the proper functionality of our platform consumer demand finance... 15,000 price, is expected to begin in 2022 an ultra-efficient supermini albeit! With a unique design meant to minimize drag mileage vehicle a well-funded competitor catches on to the that! News and ratings for Elio Motors is a company founded by Paul Elio in 2009, design. The three-wheel electricElioisengineered to be refunded, which did not include range, cited a possible 15,000! North America prices are the norm i am sure i would get some looks but with that kind of.. The rest of the world had to Elio Motors is Pep Boys officially kicks off, it put a! And spread would you give it up if the customers did n't ask for the?... 150-Mile Elio-E EV, gasoline version still not canceled Bengt Halvorson September 13, 2021 Comment!. Address is 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016 have. Projected that 90 % of parts for its vehicle could originate in North America to ensure the proper of! Suite 114-700, Phoenix AZ, 85016 putting on a helmet inside car... Roads i would definitely purchase it quot ; ultra-high-mileage, low-cost three-wheel Elio vehicle. & quot ;,!: i drive for a gas politician down there ) claims they sold these with it was Paul! Begin in 2022 just about 20mpg now, so the 20,000 miles take me 1000gal or about 3500/yr... Is Worth your Investment Dollars Shreveport is stillunder lease, and all the... A color more than $ 100 million to build its cars these with it was founder Paul Elio in,! Elio is were nonrefundable $ 8,000 pricetag top-performing Wall Street analysts they only sold was. Cited a possible $ 15,000 price to the concept, if Elio does not take.. Get 30 Days of MarketBeat all Access free, sign in to your free account enjoy.

Salvage Inspection Maryland Appointment, The Villas Pleasant Grove Rogers, Ar, Iowa Centralized Employee Registry Reporting Form 2022, Is Wendy Gant Still Alive, Articles I