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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 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 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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Peugeot Launches New Marque Plan with Downsizing, Hybrids and Plug-ins for Two-, Three- and Four-Wheeled Vehicles; Unveils SR1 Hybrid Concept

Green Car Congress

Peugeot launched a comprehensive new Marque plan, with the objectives of moving up three places in the world car market by 2015 (it is currently in 10 th place); establishing Peugeot as a benchmark for style; and becoming the leader in mobility services. 100 km (62 mpg US) and 99g of CO 2 /km. L/100 km (118 mpg US).

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Elio Motors to use Flame-Spray cylinder coating for projected 10% boost in engine performance in 3-wheeler

Green Car Congress

Elio Motors, Inc., which will launch an enclosed, three-wheeled vehicle in 2015, has named Flame-Spray Industries , Inc., The car is powered by an inline, 3-cylinder, 1-liter, 70 hp (52 kW) gasoline fuel-injected, SOHC engine and has projected fuel economy of 84 mpg (2.8 l/100km) on the highway and 49 mpg (4.8

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