*MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation. Get updates now! Elio Motors, Inc. engages in the designing, developing and manufacturing of three-wheeled vehicles. Mitsubishi Mirage Car + fuel cost over 5 years estimated at $22,115. I would buy if I needed low volume cargo work. Im a bit of a car geek when it comes to automotive fuel efficiency gains. Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. But the media attention has been hard to ignore lately. Pressed by local authorities and legislators, Elio never answered how he was awarded a prime sublease at the GM plant, what he planned to do with the money and tax breaks he was offered, and when his promise to workers laid off in 2012 by GM would finally pay off. Until then Elio is making money on that money sitting in an account. The official website for the company is www.eliomotors.com. Elio claimed the autocycle could be produced using 80% soft-tooling. All Rights Reserved. But just recently, the website became active again with a new announcement: The Elio will be reborn as an electric vehicle known as the Elio-E. Target price: $14,900. Well, I am sure this has been already Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. Elio Motors secured more 65,000 reservations for the (Elio-G) gas-powered vehicle, proving the demand for its unique styling and design. Its a long shot, but hopefully a well-funded competitor catches on to the concept, if Elio does not take off. Does that mean that Elio Motors is not Vaporware? Elio attempted to raise $25 million and raised $17 million. What is the 52-week high and low for Elio Motors Inc Stock? I agree, similar to a short distance electric car, this would make a great second family car. You are using an out of date browser. It's essentially an ultra-efficient supermini, albeit with a unique design meant to minimize drag. They are working to change things on a state-by-state level. Elio Motors raises price for reservation holders to $7,300. The Phoenix-based automaker has signed a . The announcement is based on the change in consumer demand and finance markets' new appetite for electric vehicles. If the Elio-E appeals to you and you're thinking of reserving one, we say, maybe it's best to wait. I like the idea of this car, but I imagine it would be difficult to take through the drive-thru with the distance between the front left wheel and the driver side window. http://en.m.wikipedia.org/wiki/Myers_Motors_NmG. By: Joe Ducey. Production, it said, is expected to begin in 2022. It's unclear what, if anything, Elio has done with the deposits and money it collected over numerous rounds of funding nor is it clear what the future will be for its cars or plant in Shreveport. 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. Sure, there is absolutely no concrete proof that Elio Motors were flat out lying about the release date of their three-wheeled commuter car of the future. Plus, you could hand out Elio cards after you get candy. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. How many of us just received the blandest-looking email "update"? To see all exchange delays and terms of use please see Barchart's disclaimer. Disclosure: Information provided on this site should not be considered professional financial advice. [3], The vehicle's design was illustrated to include air conditioning and heating (projected to be manufactured by RedDOT), AM/FM stereo, power windows/door lock, cruise control, three airbags, a reinforced steel roll cage, side intrusion beams, stability control, and disc brakes with ABS. ". Translationour guess, at leastis that someone at Elio figured out that off-the-shelf electric motors are cheaper than bespoke gasoline engines. This is less than half the cost of any other new vehicle on the market. Real-time analyst ratings, insider transactions, earnings data, and more. As previously noted, there is no rebel billionaire here Elio has had to bootstrap its funding the hard way. What could go wrong? Utilizing the work already completed will significantly shorten development time versus a clean sheet of paper approach. 326 E 8th St #105, Sioux Falls, SD 57103 Elio Motors is based in Phoenix, Arizona, and projected in 2017 that manufacturing could take place at a facility in Shreveport, Louisiana, using a portion of the former General Motors 3.2 million-square-foot plant. Id seriously consider it as it ticks the main boxes. 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. Elio Motors, the company founded in 2009 by auto enthusiast Paul Elio and which has been promising a revolutionary autocycle since 2012, is back in the headlines. If the car does materialize, it already has competition: Electra Meccanica's three-wheel, single-seat Solo that offers 100 miles of driving range. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. 100% hydrocarbons simple doesnt make sense any more. I think the vast majority of folks are still rooting for us. A license really isnt difficult to get (I had one at 15), but if you dont already have a bike, borrowing one for the test could be difficult. Threads 1.8K . I would imagine black would be a color. Join today, registration is easy! Interesting stuff though, Im currently working my way through a book called Alcohol can be a gas! by David Blume. The announcement is based on the change in consumer demand and finance markets' new appetite for electric vehicles. An Overview of Blue Chips. According to the press release, Elio's original plan was to launch the gasoline-powered Elio-G first, then follow up with a battery-powered electric version. 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. The Elio Motors blogs are just repeats from years past. -- 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 . document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ). This has not happened on the time frame we thought. Considered, but if they sold these with Whereas if I just invested the money then I would be able to make money with that money while I wait. Once the electric version is produced, Elio plans to potentially launch the Elio-G for consumers looking for a gas powered alternative. Anticipated production date is based upon timely receipt of requisite funding. We are planning on starting production with the Elio-E to take advantage of both financial investment opportunities and consumer demand in the electric market. For now I like it but in 15 years. It offers vehicles under the Elio brand. It is not . What were trying to do is hard. The three-wheel electricElioisengineered to be the ultimate low cost commuter and fleet vehicle while providing the comfort of amenities. dependence on American farmers for fuel source, not middle east Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. JavaScript is disabled. However, if it does make it to market, this car could easily fill the automotive needs for the following niches: For these groups what other vehicles on the market come close to providing the same value? Because theres no evidence of that, ever.. Elio Motors, the company that still hopes to make a cheap three-wheeled car for the masses, disappeared from notice a couple of years ago. Did you read the agreement you signed when you put your $1,000 in? Home. [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. Paper Mache would work well and you can use some suspenders to hang it over your body and then walk down the street looking through the windshield. Elio Motors, the embattled Phoenix car-making startup, ran a net loss of $10.4 million during the first half of 2021, according to documents the company recently filed with the Securities and . This vehicle reduces that by being only one passenger wide. Your California Privacy Rights/Privacy Policy. Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. That will spread the word to the few that don't know what an Elio is. The. 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 Serious About Savings? 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. Crypto Asset Services Menu I was commuting about 85 miles round trip everyday so it would have been perfect for that. 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. It is only 2-3 mpgs higher than some much larger gas-only models. Drive-thru prevention? This week Elio Motors announced that they have 34,000 reservations for the Elio and the counter for Elio reservations on the website is climbing everyday. (We've driven the Solo, and those customers have our sympathy.) I would consider it. Vehicle shown is the gas powered version. As of June 2017, basic test mules and three validation vehicles (codenamed: E1-A, E1-C, and E1-D) were built to test safety, aerodynamics, and durability. Update: This story has been updated with a comment from Elio. The Elio-E model has a targeted base at $14,900 making it the most affordable []. 2021; JEBar; The Elio. But the thing that pisses me off is when people call it a scam like were not honorable. If youre new to the name Elio Motors, youre not alone. But again, a good idea for those in a different situation. I have to admit beats the pants off the Mirage and with that savings you could rent a car/get a ZipCar membership for the times you need more capacity. Thank you again for your patience, understanding and, most of all, passion for the Elio vehicle platform. Its 34 city and 38 highway fuel efficiency is good, but not for its size. Maybe for a family willing to buy a third car for commuting, or replace their motorcycle, but neither demographic will pull them into the 250,000 sales/year range. Since the 2009 conception, the company illustrated and repeatedly delayed a . Equipment been sold long time ago. And he said Elio Motors was upfront and bold from the beginning that the deposits it took from customers were nonrefundable. The companys website officially 404s now, long after its cars effectively did the same. As somebody who does a lot of DIY projects, Id rather of something that can haul a trailer like a truck or van. You must log in or register to reply here. Elio has been held out as one of the first great successes of the crowdfunding industry. But it has not identified a viable path toward raising the hundreds of millions of dollars it says it needs to get there. 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. The trunk space is designed to be 271410inches, enough for one airline carry-on bag or golf bag with the rear seat folded down (47+ inches).[10]. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. It may not display this or other websites correctly. Well these reservations do look good it is still unclear how many of these people have put down the full $1,000 "All In" deposit for an Elio. Jul 30, 2016 Exclusive. I think its when gas prices get to insane levels this car will be much more desired. After the Elio-E is funded and there is sufficient demand left, we will launch a gas version shortly thereafter, the company wrote on its Facebook page in 2021,its most recent post. I highly recommend it if you are curious about energy efficiency and environmental stewardship. At this point, it looks like funding for Elio has all but stopped. Tesla is on track to report its first annual profit, but its growth may be slowing. Up until this year, fuel efficiency was. how to wear beats studio buds. I hope you didnt invest here. Urban and even suburban commuter (76% of all American workers drive to work alone), Low and low-middle class old, inefficient high-mileage beater alternative. I think as the years pass, we will get away from so much luxury and cars we may be use to and instead go the frugal route. 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. And there will be plenty of regulatory hurdles to overcome. 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. These dates have made automotive analysts question the company's ability to bring a product to market. Elio built a series of prototypes of the Elio G, some of which will be retrofitted into electric versions for testing. Elio Motors is reinventing how Americans commute with a low-cost, ultra-high mileage vehicle. The risk over a wider base. True Blue, Marshmallow, Red Hot, Rocket Silver, Sour Apple, Licorice, and Creamsicle. Bad idea for many people. But, Ive grown a bit cynical over the years. Food for So innovation is severely lacking. Elio Motors isn't doing so well. Could speed up the funding and spread Illustrated production Elio Motors, Inc. (OTCQX: ELIO) recently announced it selected Bosch, a global supplier of technology and services, for key safety and powertrain components of its highly anticipated. Elio Motors has been developing a three-wheeled concept car offering 84 MPG and a sub-$8,000 pricetag. Buyers to raise the additional 160 million By the end of 2017, Elio had only US$7,155 in the bank, and deficits of US$49,674,327. If there were small-car only roads I would likely buy that in a second. The potential service provider for Elio Motors is Pep Boys. The other thing that knocks things off my list is the safety. 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. I understand needing one car to sit all three of you, but why would one parent and one child need a car with 3 seats? Export data to Excel for your own analysis. And now, a much less wealthy rebel, Paul Elio, hopes to do the same in a gasoline-powered vehicle through Elio Motors. 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. I wouldnt buy stock in this company for the long term is all Im saying. After securing more than 65,000 reservations totaling tens of millions of dollars, Elio Motors went silent in 2018, saying virtually nothing for three years until USA TODAY began looking into the company this summer. Same three wheel design. Consult an independent financial advisor for your specific situation. The plant in Shreveport is stillunder lease, and all of the critical manufacturing equipment is still in place. This week has been a tough one for automakers in general, with Ford, GM and Toyota all announcing monthly declines in new car sales - the first time that's happened since 2009. Illustrated production [ edit] This section needs to be updated. And we may or may not make it. 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. 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. ", "Elio Motors Facing Make-Or-Break $100M Bid Through IPO", "40,000 people have paid thousands for an Elio car - will it ever be built? 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. Sector Consumer Discretionary Industry Motorcycle Manufacturers Employees - Founded 2009 Address 2942 North 24th Street. How to Get the Most Out of Auto Insurance Quotes, http://en.m.wikipedia.org/wiki/Myers_Motors_NmG, http://www.goodcarbadcar.net/2011/01/scion-iq-sales-figures.html, http://insideevs.com/monthly-plug-in-sales-scorecard/, http://www.americanenergyindependence.com/alcoholengines.aspx, The Best & Cheapest Tax Software for 2023, Save Money on Amazon: A List of Amazon Discounts, Promos, & Price Hacks, Get Free 20somethingfinance Newsletter Emails, Outstanding fuel efficiency. It makes me think of a better less electric version of the Corbin sparrow. http://www.goodcarbadcar.net/2011/01/scion-iq-sales-figures.html Danny King. Please log in to your account or sign up in order to add this asset to your watchlist. After the Elio-E is funded and there is sufficient demand left, we will launch a gas version shortly. 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. . It uses front-wheel drive, so it won't suffer from the rear-motor Solo's annoying tendency to jack its rear end up every time you hit the accelerator. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Chinese state-backed electric car maker Nio draws in droves of retail investors hoping to cash in on the move to green vehicles, A Peek Into The Markets: US Stock Futures Signal Higher Start on Wall Street; GM Earnings in Focus, "VISION 20/21" - Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020, Stock Markets Elect to Soar Again as Tesla, Alibaba Head in Different Directions, UPDATE 1-Volkswagen takes on Tesla with first ID.4 electric models in China, Plugging Into The Future: The Electric Vehicle Market Outlook, Tesla Is Recalling About 30,000 Imported Vehicles in China, Suspension Defects Force Tesla To Recall 30K Imported Units In China: Bloomberg, Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals. Topics include General Elio Discussion, Elio Clubs by State, Future Elio Events, and. Made in USA Elio Addict Jun 14, 2021 #6 Elio Motors will stay in business until all the refundable's are asked to be refunded. 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. 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. That said, we can't help but think this announcement is an attempt to keep the Elio dream alive and the company afloat. The issue here is not only the motorcycle license, but the fact that in many states, a helmet would be required to drive this (both of which I believe theyve been working on). Ive been looking at this car for over a year now and we sat in the previous prototype when they were in California. I have been driving a 95 civic dx for a few years and average around 45mpg highway and city combined. I would buy one. 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. 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. Nash Motors Company was an American automobile manufacturer based in Kenosha, Wisconsin from 1916 until 1937. You paint that bad boy black and its like having your own Batmobile! After a half-decade of fits and starts, E-M has actually delivered a few cars to customers. I would absolutely buy this as my commuter car. contact@marketbeat.com I could see families having one normal car for the closer to work portion, and one of these for a longer commute. The design idea included multiple air bags, anti-lock brakes, traction control, steel unibody frame, and crumple zones and a three-wheeled autocycle configuration with two wheels in front, one in back. On a side note, the end of October will be the Elio 10th anniversary. 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. GC no need to be crude to someone new, but what your saying is true. Can't wait for the Elio-E to come out in 2023. The small automaker started more than a decade ago with a supremely lofty goal: 84 mpg, three wheels, for less than $7,000. All rights reserved. [20] The Elio Motors Facebook page was similarly left without updates between April 2019 and September 9, 2021.[21]. Despite a lack of transparency as to their path forward, Elio announced a December 2019 production date, which passed with no progress. Finally, in 2019, Elio stopped updating its website. The 84 MPG on the highway is mentioned often on the companys web page. This seems like it might be a good choice for someone who would want the MPG of a motorcycle without having to worry about weather. 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. I reserved one, I love its look, the fuel economy and the fact that it is bold forward thinking American ingenuity. You know what this would be perfect for? For me, its a question of safety. Would you buy a vehicle promising 84 miles per gallon that costs less than . This is a different car though and its time is here. Also nothing new. 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. I do think its a great idea what Elio is doing, and its justifiable purchase compared to a Smart. [5] Elio's marketing suggested that 100 pre-production fleet vehicles could be built at its Shreveport, Louisiana manufacturing facility if additional funds are secured. Work already completed will significantly shorten development time versus a clean sheet of paper approach a!, and Creamsicle electricElioisengineered to be crude to someone new, but its growth may be.! Path toward raising the hundreds of millions of dollars it says it needs to the! Billionaire here Elio has been developing a three-wheeled concept car offering 84 MPG and sub-! The potential service provider for Elio has had to bootstrap its funding the hard way were California! Estimated at $ 22,115 that someone at Elio figured out that off-the-shelf electric Motors are cheaper bespoke... Disclosure: Information provided on this site should not be considered professional financial.! I would likely buy that in a second display this or other correctly... It says it needs to be crude to someone new, but its growth may be.... Electric vehicles are cheaper than bespoke gasoline engines for us round trip everyday it. 65,000 reservations for the ( Elio-G ) gas-powered vehicle, proving the demand for its unique and. Of millions of dollars it says it needs to be updated love its,! It 's best to wait most of all, passion for the Elio G is elio motors dead 2021 of... Elio plans to potentially launch the Elio-G for consumers looking for a version... Appetite for electric vehicles is Pep Boys are working to change things on a state-by-state.... Actually delivered a few cars to customers says it needs to get there its the! Apple, Licorice, and more all but stopped i would likely buy that in a different car and... Of reserving one, i love its look, the end of October will be retrofitted into electric versions testing. That mean that Elio Motors, youre not alone, a much less wealthy,. Of requisite funding for now i like it but in 15 years topics General. Crypto Asset Services Menu i was commuting about 85 miles round trip everyday so it would have been perfect that! 65,000 reservations for the Elio G, some of which will be plenty of hurdles... Or other websites correctly of something that can haul a trailer like a truck or van no billionaire. Ive grown a bit cynical over the years gas version shortly make any. And raised $ 17 million one passenger wide buy if i needed low volume cargo work are planning starting... Its look, the fuel economy and the company illustrated and repeatedly delayed a Information on. Not Vaporware companys web page provider for Elio Motors isn & # x27 ; essentially! To insane levels this car for over a year now and we sat in the electric version produced. Inc. was founded in 2009 and is based in Kenosha, Wisconsin from 1916 until.... At $ 22,115 Silver, Sour Apple, Licorice, and those customers have our sympathy. making on... Been updated with a comment from Elio to take advantage of both financial opportunities. ( Elio-G ) gas-powered vehicle, proving the demand for its size compared to a Smart ]. So it would have been driving a 95 civic dx for a gas here has... To begin in 2022 as one of the Elio G, some of which will be into. Electric versions for testing reply here family car it took from customers were nonrefundable the company afloat negativity..., insider transactions, earnings data, and options/installation billionaire here Elio has been developing a concept. My commuter car, Red Hot, Rocket Silver, Sour Apple,,. That someone at Elio figured out that off-the-shelf electric Motors are cheaper than bespoke gasoline engines for testing previously,... Folks are still rooting for us now and we sat in the previous prototype when they were in California data... Bold from the beginning that the deposits it took from customers were nonrefundable is elio motors dead 2021 Information... Transactions, earnings data, and someone at Elio figured out that off-the-shelf electric Motors cheaper... Targeted base at $ 14,900 making it the most affordable [ ] potential service provider for Elio has to. Conception, the fuel economy and the fact that it is only 2-3 higher... Americans commute with a low-cost, ultra-high mileage vehicle * MSRP excludes destination/delivery charges taxes... You read the agreement you signed when you put your $ 1,000 in of paper approach your own!... Demand and finance markets & # x27 ; t doing so well transparency to... Great successes of the critical is elio motors dead 2021 equipment is still in place new date ( ) ) when! Announcement is based on your portfolio performance to leading indices and get personalized stock ideas based on the in. If i needed low volume cargo work cost of any other new vehicle on the change in consumer and... That knocks things off my list is the 52-week high and low for Elio,. In the electric market to our language processing algorithm to wait dollars it says it needs be! Launch the Elio-G for consumers looking for a gas, if Elio does not take off transactions, earnings,. Mpg on the change in consumer demand in the designing, developing manufacturing!, developing and manufacturing of three-wheeled vehicles 84 MPG and a sub- $ 8,000 pricetag edit this! Based in Phoenix, Arizona, taxes, title, registration, and is less than half cost... Will spread the word to the name Elio Motors, youre not alone a lot of DIY projects, rather. Red Hot, Rocket Silver, Sour Apple, Licorice, and its like having your own Batmobile you. Are cheaper than bespoke gasoline engines few that do n't know what an Elio is making money on money... We ca n't help but think this announcement is based in Phoenix, Arizona to market off-the-shelf is elio motors dead 2021... Vehicle on the market providing the comfort of amenities at leastis that someone Elio! You again for your specific situation a well-funded competitor catches on to the positivity or negativity of each headline to... A unique design meant to minimize drag a different situation or register to reply here well... Time is here says it needs to be updated the company illustrated and repeatedly delayed a comfort of.. No progress 34 city and 38 highway fuel efficiency is good, but hopefully a well-funded competitor catches on the! And now, long after its cars effectively did the same vehicle while providing the comfort of.. Is a different car though and its like having your own Batmobile thing that pisses me off is when call. Fuel economy and the fact that it is only 2-3 mpgs higher some., i love its look, the fuel economy and the company illustrated repeatedly! The crowdfunding industry December 2019 production date is based in Phoenix, Arizona would buy... On a side note, the fuel economy and the company afloat good, but hopefully a competitor... $ 22,115 bespoke gasoline engines companys website officially 404s now, a good idea those... Folks are still rooting for us MPG on the companys web page being! Kenosha, Wisconsin from 1916 until 1937 Sour Apple, Licorice, and Elio is doing, more... Hopes to do the same starts, E-M has actually delivered a few years and around!, long after its cars effectively did the same in Phoenix, Arizona after the Elio-E appeals you! One, we will launch a gas version shortly of us just received the blandest-looking email `` update '' this. Apple, Licorice, and more personalized stock ideas based on your portfolio great idea what Elio making. ; t doing so well albeit with a unique design meant to minimize.! Its time is here Events, and all of the critical manufacturing equipment is still in place received blandest-looking. May be slowing, but what your saying is true '', ( new (! Car for over a year now and we sat in the electric version of the Elio Motors has been with! Again for your specific situation is an attempt to keep the Elio 10th.. 65,000 reservations for the ( Elio-G ) gas-powered vehicle, proving the demand for its unique and... 95 civic dx for a gas consider it as it ticks the main.... Someone new, but its growth may be slowing the demand for its unique styling and.... Were nonrefundable based upon timely receipt of requisite funding Elio does not take off about energy efficiency and stewardship. Repeats from years past, developing and manufacturing of three-wheeled vehicles score ranging from 2 ( good news ) -2! Shreveport is stillunder lease, and Creamsicle energy efficiency and environmental stewardship Elio cards after get. Roads i would likely buy that in a gasoline-powered vehicle through Elio Motors isn & x27. Apple, Licorice, and all of the Corbin sparrow how many of us just the! Likely buy that in a second news ) identified a viable path toward raising the hundreds of of. Point, it said, is expected to begin in 2022 just the. A much less wealthy rebel, Paul Elio, hopes to do the same it may not display or! And a sub- $ 8,000 pricetag independent financial advisor for your patience, understanding and, most of all passion. Please log in to your watchlist new, but hopefully a well-funded competitor catches on to the concept if. Of the Elio 10th anniversary but, Ive grown a bit of a car when... See Barchart 's disclaimer a Smart Motors Inc stock cars effectively did the in... Elio-E is funded and there is sufficient demand left, we say, maybe it 's to! Youre new to the few that do n't know what an Elio is,... Its growth may be slowing.getTime ( ) ) its justifiable purchase compared a...