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Elio Motors Inc’s application for a U.S. Department of Energy Advanced Technology Vehicle Manufacturing (ATVM) loan has passed the first of three phases of review, is now “substantially complete,” and in the “due diligence” phase. The U.S.-based start-up is seeking $185 million in total to accelerate plans to begin production of its enclosed, three-wheeled gas-saving […]

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What has the wheels of a car, but only three? … And it qualifies as a motorcycle, but has a door, a roof, and promises 84 mpg? The answer? It’s simply called the Elio. It’s part automobile, part motorcycle, and some might consider it a poor man’s Tesla, or – given it only sports a […]

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Elio Motors confirmed its three-wheeled vehicle will launch in 2015, will sell for $6,800 and return 84 miles per gallon. With Earth Day (April 22) upon us, Elio Motors, Inc. CEO Paul Elio challenged his team to put into context the vehicle’s positive environmental impact. Of course, the team came up with some compelling information. […]

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Elio Motors announced engineering solutions company Comau Inc. has been selected as its automation partner to build its 84 mpg three-wheel car. According to the press release both companies sent out, Comau will provide Elio with powertrain and automated assembly systems to build its three-wheel, high efficiency vehicle. Slated to begin production in the fourth […]

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