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Official Site: ElioMotors.com
Wikipedia: Elio Motors Page Sections History Article Index |
History
The following section is an excerpt from Wikipedia's Elio Motors page on 6 September 2019, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Elio Motors is a company founded by Paul Elio in 2009, to design a three-wheeled, enclosed autocycle.
The company's three-wheeler is marketed as the Elio P4 and was projected by the company to attain a highway mileage rating of up to 84 mpg and offer power windows, a power door lock, cruise control, and air conditioning, in an aerodynamic, enclosed bodywork.
The design included multiple air bags, anti-lock brakes, traction control, steel unibody frame, and crumple zones.
The company projected that manufacturing could happen in Shreveport, Louisiana, but had never commenced.
Elio Motors is located in Phoenix, Arizona, and projected that manufacturing could take place at a facility in Shreveport, Louisiana, using a portion of the former General Motors 3.2 million-square-foot plant. Production would have employed upwards of 1,500 people at the Shreveport facility plus an additional 1,500 at the supply base, but will not be occurring. In addition, Elio Motors projected that 90% of parts for its vehicle could originate in North America.
The idea of 100 pre-production fleet vehicles was teased in December 2016, however social media replies on Nov 1, 2017, from Elio Motors said, "We are targeting the start of production in 2019". The potential service provider for Elio Motors is Pep Boys which has more than 800 service centers and 7,500 service bays in 35 states. The company started accepting customer reservations on its website in January 2013 and stopped accepting reservations at 65,341 in 2017. On August 3, 2017, Elio filed with the U.S. Securities and Exchange Commission to have an initial public offering (IPO) for its common stock in order to raise $100 million in capital. In the filing, it said that their vehicle would not be capable of production until 2019 at earliest.
| Date | Article | Author/Source |
|---|---|---|
| 2 January 2014 | Elio Motors to Appear at ShowStoppers at the 2014 International Consumer Electronics Show | Elio Motors |
| 6 January 2014 | Elio Motors Set to Begin Operations of Former GM Plant in Caddo Parish | Industrial Realty Group (IRG) |
| 7 January 2014 | Elio Motors Announces Agreement with Continental Engineering Services | Elio Motors |
| 7 January 2014 | Elio Motors Set to Begin Operations of Former GM Plant in Caddo Parish | Elio Motors |
| 6 January 2015 | Elio Motors to Demo New Internet Vehicle Option at Showstoppers at CES Media Event | Elio Motors |
| 11 October 2015 | Elio - three-wheeled wonder  | Gus Philpott, The Woodstock Advocate |