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Elio Motors selects Comau for powertrain and automated assembly systems for 3-wheel vehicles

Green Car Congress

Elio Motors has selected Comau Inc., a global leader in the development and implementation of engineering solutions for sustainable automation and production, as its automation partner to build its three-wheel, high efficiency vehicle. —Paul Elio, Founder and CEO Elio Motors.

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Elio Motors set to begin operations in former GM plant in Caddo Parish; 80 mpg highway 3-wheeler for $6,800

Green Car Congress

Elio Motors has taken the next step in its plan to manufacture its $6,800 3-wheel vehicles in Louisiana; the Caddo Parish Industrial Development Board (IDB) completed its purchase of the former General Motors Shreveport Assembly and Stamping Plant, allowing Elio Motors to progress in its manufacturing timeline.

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Elio Motors launches stock sale to raise $25M to help bring 3-wheeler to market

Green Car Congress

Elio Motors, which unveiled its fifth-generation three-wheeler prototype at the LA Auto Show ( earlier post ), launched a $25-million stock sale at 4 p.m. Since 19 June, Elio Motors has been in the “testing the waters” phase, gauging the level of interest from potential investors. Elio Motors received more than $45.6

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Elio Motors plans to sell 100 pre-production 3-wheelers; consumer launch moving to 2017 as company seeks funding

Green Car Congress

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 $6,800, will sell 100 pre-production vehicles built at its Shreveport, Louisiana, production facility fourth quarter of 2016. —Elio Motors founder and CEO Paul Elio.

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Elio’s crowdfunding campaign attracts $16M in non-binding interest so far

Green Car Congress

Elio Motors’s equity crowdfunding campaign has attracted more than $16 million in expressed non-binding interest from nearly 5,000 potential investors in 19 days. Elio Motors’ goal is to raise $25 million through the campaign. Funds from that initiative allowed Elio Motors to begin building its fifth generation prototype, the P5.

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DOE to Award Up to $2.4B for Advanced Batteries, Electric Drive Components, and Electric Drive Vehicle Demonstration/Deployment Projects

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billion to produce advanced automotive batteries and their components, and up to $500 million to produce other components needed for electric vehicles, such as electric motors. All vehicles will be Federal Motor Vehicle Safety Standard (FMVSS) compliant or have appropriate FMVSS exemptions. Transportation Electrification.

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