Elio

[Rando]

http://www.thetruthaboutcars.com/201...n-in-the-game/

[Dan_Ashley]

I made a $500 deposit on an Aptera. Never saw anything. Got an email thanking me for the deposit though. Do you think Elio will honor my Aptera deposit? I don't. That said, in the future, I will believe that a product exists, and will pay for it when and only when it actually exists. If Elio is such a good product, then why have none of the big venture capitalists invested?

I guess I am a sceptic--kinda like Steven Hawking said when asked about the future of time travel, "If it were possible, there would be tourists. Where are the tourists?" In the case of Elio, where are the investors?

[ARtraveler]

A very informative article in post #77. Thanks Rando! As promised, I am not going to comment further on Elio. As said before, the ball is now in Elio's court.

[ETXrider]

Us locals doubt if Elio will build anything here. They showed up in 2011 looking for state and local funding and got turned down. We were surprised in January when they announced buying the plant but not surprised when they couldn't make the payments. IRG was to invest $7.5 mil. yet didn't when Elio failed to keep their end of the deal. Caddo bought the plant since a few real vehicle manufacturers expressed interest in the plant before Elio showed up but wanted for the economy to improve before considering it's purchase. We think Racer simply sold Elio the plant so they could forgo the expense of maintaining the site until they had to re-posses it. Racer supposedly carefully vetted Elio and IRG to make sure they had financing in place and a realistic business plan. Turned out the money wasn't there and the business plan is a joke. Many here are quite dubious that Elio can produce then sell the vehicle for $6800 without incurring a loss per unit so figure they'll continue to struggle to find sufficient investment capital to get production going. They might be able to do that if the selling price is bumped up, which we figure will happen in the near future. We'd like to see Elio become successful here yet have doubts if any production will start unless the state or Feds lend them the required big bucks for the enterprise.

[Bob Denman]

Thanks for this info... I hate to say it; but it doesn't sound good!
and

[Chupaca]

looking a lot like a plane running out of runway and the wheels still on the ground...wish them the best of luck...

[Bob Denman]

[Dan_Ashley]

Check out the impressive suppliers list. Too bad they didn't go with Elka shocks.


http://www.eliomotors.com/suppliers/

Elks shocks would probably raise the price of the Elio, or reduce mileage...[joke]

[ARtraveler]

The saga continues. The last time I checked--I could find no information about plant start up--the latest was a defunct GM plant in Louisiana. The Chamber of Commerce was not even touting the development or the possibility of the 1500 jobs. The information about availability of product was removed from all Elios information. Prior to that--the information said manufacture of Elio no later than December 2014. Production start up has been changed at least two times that I know of. So--we have another year to wait.

[ETXrider]

You can visit Racer Trust's website and download a pdf sales brochure about the plant. It's in excellent condition and GM did a considerable number of expensive upgrades a few years before closing it down. We figure GM wouldn't mind if it got razed to keep a competitor from moving in.
Caddo leased the entire site to IRG with instructions to provide space to Elio for 30 months and to provide the $7.5 mil they initially promised to invest. We're watching to see if IRG backs away again if Elio fails to attract substantial investments to get going.

[Dan_Ashley]

The saga continues. The last time I checked--I could find no information about plant start up--the latest was a defunct GM plant in Louisana. The Chamber of Commerce was not even touting the development or the possibility of the 1500 jobs. The information about availability of product was removed from all Elios information. Prior to that--the information said manufacture of Elio no later than December 2014. Production start up has been changed at least two times that I know of. So--we have another year to wait.

I can't wait A YEAR! I need an Elio in my garage NOW. Next year I can't afford one! I have to buy health insurance!

[ARtraveler]

I can't wait A YEAR! I need an Elio in my garage NOW. Next year I can't afford one! I have to buy health insurance!

In this rare case, I think that the health insurance is the better investment.

[Barlock]

This is what the owner of Elio company says:

"Front engine, front wheel drive, with a steering wheel, not handle bars, with three airbags, two seat belts, air conditioning, power windows, and power door locks. So from a driving experience it's certainly more similar to a car than a motorcycle," said Paul Elio, of Elio Motors.
The vehicle can also go more than 100 miles per hour.
"You can get a ticket in it," said Elio.

And all that for only $6800? I don't know if it is at all possible. You know what they say, "If it sounds (or looks) too good to be true, then it probably is."

[Dan_Ashley]

In this rare case, I think that the health insurance is the better investment.

LOL!!!!

[Rando]

http://redteanews.com/2013/12/09/the...ll-in-america/

[Motorcycledave]

YES , I have 2 of my friends that have them on order right now.
Dave

Has anybody seen/heard of this? https://www.eliomotors.com/


According to their website, it's MPG is 84 and made in Shreveport, LA (on the previously GM truck factory). Production line comes out in 2014 and reservations are made with a $1000 deposit to be one of the first ones to own one.

[ThreeWheels]

I'm watching Chasing Catching Cars.
Here is one of the cars they talked about tonight.

http://en.wikipedia.org/wiki/Messerschmitt_KR200

[jerpinoy]

http://gas2.org/2013/05/13/elio-moto...r-why-it-cant/

In washington state 3 wheel vehicle with steering wheel with enclousure (like Elio) do not require helmet.

[Rando]

Check it out!

http://eliomotors.wordpress.com/

[Bob Denman]

Cool!
Has their timeframe changed??

[Rando]

Cool!
Has their timeframe changed??

Yes, as expected. Just like the Spyders!

[Bob Denman]

I guess that we had to expect this...
I'm still hoping that they can pull this all together; even at an increased price!

[Rando]

http://www.usatoday.com/story/money/...artup/3880337/

[Bob Denman]

Thanks!

[Chupaca]

as I see this vehicle has but one way in or out...driverside door. That is just too much cage for me. Be it a car or motorcycle...!!