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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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Elio Motors locks in base price of $7,300 for non-refundable reservation holders for 3-wheeler

Green Car Congress

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.

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Elio Motors unveils engine prototype for 84 mpg highway 3-wheeler

Green Car Congress

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, More than 40,000 people have put down money to reserve a spot to purchase one of the Elio vehicles. liter, 3-cylinder unit developed by IAV.

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