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Elio Motors begins work on Gen 5 prototype of $6,800, 84 MPG Vehicle

Green Car Congress

Elio Motors has begun work on its fifth-generation prototype three-wheeled vehicle. Elio Motors is targeting a launch date mid 2016 for a vehicle that will get up to 84 mpg (2.8-l/100 The 506 (c) offering is made possible by the Jobs Act of 2012, and allows accredited investors to buy in to Elio Motors. Earlier post.)The

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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

GM production at the Shreveport Assembly and Stamping Plant ceased on 28 August 2012. The three-wheeled Elio is powered by an inline, 3-cylinder, 0.9 The three-wheeled Elio is powered by an inline, 3-cylinder, 0.9 The three-wheeler will attain a highway mileage rating of more than 80 mpg (2.9

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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. Eastern Time on Friday after receiving qualification from the Securities and Exchange Commission under the Regulation A+ ruling in the 2012 Jumpstart Our Business Startup (JOBS) Act.

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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

To achieve its goals, Peugeot is relying on a new products strategy that includes electric propulsion (the i0n i-MiEV-derived electric car) and E-Vivacity scooter from 2010; diesel hybrid in the 3008 from 2011 ( earlier post) ; e-HDi (microhybrid) from 2011 on the entire diesel range; and a plug-in diesel hybrid in 2012. Earlier post.).