The last time we checked up on Elio Motors, the automaker with hopes of producing a weird three-wheeled street car with a ridiculously low selling point, it was staring down a $123 million deficit with only about $100,000 in the bank. But it hasn’t built a single car yet. So a lawmaker in Louisiana, which facilitated…
Elio Motors, the company that keeps delaying its three-wheeler street car with a price so cheap it’s almost too good to be true, may never get one of those cars on the market. If that doesn’t come as a surprise to you, this may: Elio says it has about $100,000 in the bank and an over $123 million deficit.
We’ve been talking about the three-wheeled Elio for quite some time now, from the bad, to the questionable to the good. Well, we don’t really have much in the ‘good’ category, but let’s just say I really like the idea of a cheap-three-wheeled car. One thing that’s been consistent has been the planned price: $6800. Now…
Elio Motors was founded in 2009 for an ambitious effort: bringing 3-wheeled, fully-enclosed trikes capable of achieving 84 miles per gallon to market for just $6,800. The company began taking “refundable reservation agreements” as much as $1,000 in 2013, for a debut on July 2014. Then the third quarter of 2015. Then…
We don’t really know when, or even if, anyone can actually buy a car made by Elio Motors. However, you can configure your futuristic transport machine on a program that looks to have been developed sometime around 1998.
Elio Motors has been trying to get its plucky little “84 mpg” 3-wheeler into production for what seems like forever. Now it has announced to its over-50,000 reservation holders that the car wont start being delivered until sometime “next year,” which we’ve all heard before.
Elio Motors aims to be the first successfully crowdfunded vehicle manufacturer. Its social media pages solicit donations with big dreams and tales of even bigger successes yet to come. But now that Elio wants to sell shares in the company, its first financial filings with the government paint a much more somber and…
Mr. Elio showed off his newest Elio Motors P5 prototype today at the LA Auto Show, surrounded by an applauding crowd of freaks, fools, and local amateurs. Here is the halfway not-a-car that they so desperately desire.
Few vehicles in recent memory have sparked as much interest, skepticism, hype, derision and outright fascination as the Elio Three-Wheeler. But what’s it like to actually drive one? Here’s reader Tohru with a story and video to tell you just that!
For as long as they've existed in the vehicular landscape, three-wheelers have occupied a sort of nebulous space between motorcycles and cars, and not just because of their wheel count. They're usually legally classified as with motorcycles, which has meant a few headaches for Elio Motors, the startup automaker that…
Elio Motors is getting closer to turning their "definitive" 2016 model into reality, and here's our first look at what's going to power it: a 0.9 three-cylinder based on the Geo Metro's engine.
Elio Motors has a weird reputation. The company is a social experiment that has convinced people to give millions of dollars towards what amounts to a cool idea. As they pushed pack the release date again, Elio's reserved customers – essentially its investors at this point – are quickly running out of patience.
Elio Motors wants to be the next forward step in automotive evolution, offering a slim three-wheeled hyper-miler that's cheaper than any car on the market today with Prius-killing fuel economy. I've expressed my concerns about the idea, which culminated in a lengthy conversation with the start-up's CEO, Paul Elio…
Elio Motors’ first car is gearing up to be the most drastic change in the industry since the invention of the cupholder. Here are the figures: 84 MPG, 5-star crash test rating, 3 wheels, 2 seats, and a reported price of $6,800. Sound too good to be true? Here are a few reasons why it might be.
More than a year has passed since Elio Motors first announced plans to build its three-wheeler car. And now they're saying it won't go into production until 2015, so they have to drum up some news. Saying their car is cleaner than cow farts is, well, a thing.
Remember Elio Motors, the startup company that made waves last year for trying to build maybe-vaporware, 65 MPG three-wheel vehicles at a former GM truck plant in Shreveport, La.? It looks like they're one step closer to actually doing it. Maybe, anyway.
Today was a big day for Elio Motors, the startup automaker that seeks to build hyper-efficient three-wheel cars at a former GM truck plant in Shreveport, La. They unveiled their latest prototype and announced their North American suppliers in Michigan today. Meanwhile, things aren't so great for them back home.
Startup automaker Elio Motors announced at the beginning of this year that they are taking over a former GM truck plant in Shreveport, Louisiana to make a three-wheel economy car they call "the next big thing in transportation." They need one pesky Louisiana law to change before they can start selling them en masse.
The GM Shreveport Assembly and Stamping Plant in Caddo Parish, La., once happily churned out Chevrolet Colorado and GMC Canyon trucks. Then the Carpocalypse hit and General Motors went bankrupt, causing them to give up the facility as part of their reorganization.