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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. GM produced more than 4.8

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

Green Car Congress

Capital raised will help fund the 2016 launch of its three-wheel, enclosed vehicle that Elio expects to sell for $6,800. Nearly 45,000 people have made reservations to purchase one of the vehicles, which Elio says will deliver up to 84 mpg US.

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

Green Car Congress

Elio Motors is launching an innovative, enclosed, three-wheel vehicle (the Elio) that will get up to 84 MPG with a targeted $6,800 base price and is aiming for a late 2016 production launch. More than 47,000 people have reserved a spot in line to purchase a vehicle when they go to production.

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