Green Car Congress

AUGUST 12, 2016

Elio Motors, the start-up vehicle manufacturer planning to launch a three-wheel vehicle that will get up to 84 mpg (2.8 l/100 km), is establishing a vehicle purchase base price of $7,300 for its non-refundable reservation holders until the company reaches 65,000 total reservations. in 2016 dollars.

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Green Car Congress

NOVEMBER 23, 2015

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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Green Car Congress

JULY 10, 2015

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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Green Car Congress

NOVEMBER 20, 2015

Elio Motors introduced its three-wheeled P5 fifth-generation prototype at the Los Angeles Auto Show. The company is targeting a launch date of late 2016 for the enclosed vehicle that is expected to deliver to 84 mpg and retail for a targeted base price of $6,800. The P5 is the company’s first prototype to feature the 0.9-liter,

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Green Car Congress

MARCH 7, 2015

Elio Motors, the start-up developing a $6,800, 84-mpg- (2.8l/100 100 km) three-wheeled vehicle with a target date of 2016, unveiled its engine prototype: a 0.9-liter, —Paul Elio, President and CEO of Elio Motors. liter, 3-cylinder unit developed by IAV. Crash testing simulation. Engines Fuel Efficiency'

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