As of June 2017, basic test mules and three validation vehicles (codenamed: E1-A, E1-C, and E1-D) were built to test safety, aerodynamics, and durability. The C1 is an electric self-balancing scooter-car cross-over from motorcycle innovation company Lit Motors from San Fransisco, U.S. At this point, it looks like funding for Elio has all but stopped. Nash Motors Company was an American automobile manufacturer based in Kenosha, Wisconsin from 1916 until 1937. Imagine getting in your car and putting on a helmet. But where are the cars? By 2018, nearly all funds had been depleted, with nearly US$50 million in outstanding debt, and a projected US$376 million required to reach production. Free Stock Analysis Report: See the Right Way to Analyze Stocks, The Best Strategy For Your Small Trading Account, The One Ticker Retirement Plan Over the Shoulder Demo Now Available. They are, apparently, not dead yet with a dream that still lives. http://www.goodcarbadcar.net/2011/01/scion-iq-sales-figures.html A Russian agent, an eccentric millionaire and a new cryptocurrencymeant to help fund Elio Motors. This has not happened on the time frame we thought. Because theres no evidence of that, ever.. Elio Motors lead by Paul Elio developed a three wheel car that gets 84 mpg hi Show more Show more Shop the Scotty Kilmer store $28.98 Spring $29.98 Spring $28.98 Spring $29.98 Spring Don't. Certain statements in this press release including, but not limited to, statements related toanticipatedcommencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. Threads 1.8K . Elio Motors provides personal transportation alternatives that are fun to drive and built in the USA. Would you buy a vehicle promising 84 miles per gallon that costs less than . contact@marketbeat.com After several check-ins over the years, he emailed Elio Motors one more time in April 2021 to see whether there was "any chance" production would begin sometime soon. It had a clever name, distinct look, good fuel efficiency, and a low cost. The 2021 T-Rex RR, which is powered by a Kawasaki-sourced DOHC 1.4-liter inline-four making 208 horsepower and 117 pound-feet of torque, starts at $65,999. Equipment been sold long time ago. Identify stocks that meet your criteria using seven unique stock screeners. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. [7][8], The design targeted a curb weight of 1,350lb (610kg); three-wheel anti-lock disc brakes; an inline 0.9-liter three cylinder (designed especially for Elio by IAV), 55 horsepower (41kW) engine; and front-wheel drive, with a top speed of 107mph (172km/h) and an acceleration of 0 to 60mph (0 to 97km/h) in approximately 10.8seconds. True Blue, Marshmallow, Red Hot, Rocket Silver, Sour Apple, Licorice, and Creamsicle. The announcement is based on the change in consumer demand and finance markets' new appetite for electric vehicles. Say. I would have actually considered owning one -but my wait and see approach turned out appropriate. Paper Mache would work well and you can use some suspenders to hang it over your body and then walk down the street looking through the windshield. Say goodbye to ordinary and say hello to Elio. 2021; JEBar; The Elio. And there will be plenty of regulatory hurdles to overcome. Its a long shot, but hopefully a well-funded competitor catches on to the concept, if Elio does not take off. General Elio Discussion. But will it ever be made? And the Mitsubishi Mirage, mustnt forget that: http://blogs.cars.com/kickingtires/2014/07/whats-the-most-affordable-car-in-2014.html. My neighbor who was a business owner was solicited but said no thanks as far as I knew. In fact, without doing research, Id say you pay the same for a car in $ as you do in UKP, that makes cars in the UK 60% more expensive than the almost identical car in the US. Americans are viewed as wanting big and fast vehicles and fails like the Smart are used to reconfirm those beliefs. During the initial development phase Elio Motors believed that the best strategy was to first develop a gas-powered option, establish it in the marketplace, and then launch the electric version. The car from 1975 looked very very similar. Elio Motors' mailing address is 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016. I like his business acumen. Yep, thats another perk. You could put a little bat logo peel-off sticker on the hood! In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. Id rather walk away from a totaled car than get myself killed. And he said Elio Motors was upfront and bold from the beginning that the deposits it took from customers were nonrefundable. [5] Elio's marketing suggested that 100 pre-production fleet vehicles could be built at its Shreveport, Louisiana manufacturing facility if additional funds are secured. You know what this would be perfect for? As previously noted, there is no rebel billionaire here - Elio has had to bootstrap its funding the hard way. Hargraves, 70, says he can't help but wonder if it was a scam to start with rather than just a company struggling to reach production. Certain statements within this website including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. This is a different car though and its time is here. This time . vkgy is a visual kei library maintained by overseas fans. A Scion IQ or Mitsubishi i-Miev is the minimum for us, and neither of those are selling like hotcakes at an average of 200/month and 25/month respectively in US Sales. test drive it and consider it, primarily as our 2nd car. Sep 9, 2021. Elio has raised $60 million thus far, but is still quite a ways off from the $200 million it needs to roll out full production. Elio's unique Safety Management Systemcombines 3 airbags, a unibody frame, anti-lock braking, electronic stability control and 50% larger impact zones than the vehicle you drive now Built in America in the great State of Louisiana Plugs into any standard 120-volt outlet for charging Fold-down rear seat plus cargo space What's the current price of Elio Motors Inc Stock? Elio's stock pricewhich leaped as high as $50 shortly after its 2016 IPO, and spent most of 2021 falling from just over a dollar to a low of $0.30did see a brief jump to $1.10 on the Elio-E. Dont put in a non-refundable reservation. View which stocks are hot on social media with MarketBeat's trending stocks report. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? One word of warning, do not paint it yellow. Well it looks kind of cool to me. At Elio Motors, weve developed a palette of colors that turn headswe thought they deserved a description thats as fun and unique as the Elio! Maybe for a family willing to buy a third car for commuting, or replace their motorcycle, but neither demographic will pull them into the 250,000 sales/year range. [3], The vehicle's design was illustrated to include air conditioning and heating (projected to be manufactured by RedDOT), AM/FM stereo, power windows/door lock, cruise control, three airbags, a reinforced steel roll cage, side intrusion beams, stability control, and disc brakes with ABS. I honestly love the idea of this product but I dont think enough people will buy them to keep them around.If you look up mini car museum on YouTube you will find a video of hundreds of small extremely fuel efficient cars that promised the same thing but went out of business. Until then Elio is making money on that money sitting in an account. *MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation. The price is right for me to buy one w/ no payments. Phoenix, AZ September 9, 2021 Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ). Elio Motors, the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $7,450, announced that AISIN Group has been. This week has been a tough one for automakers in general, with Ford, GM and Toyota all announcing monthly declines in new car sales - the first time that's happened since 2009. All rights reserved. I think as the years pass, we will get away from so much luxury and cars we may be use to and instead go the frugal route. So I started looking in to it a bit more. When it initially launched, Elio secured space in a former General Motors assembly plant in Shreveport, Louisiana, by promising more than 1,500 manufacturing jobs in the town by the end of 2015. PHOENIX, Sept. 9, 2021 /PRNewswire/ -- Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. The official website for the company is www.eliomotors.com. [11] 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. New posts Search forums. They are working to change things on a state-by-state level. If its website is any indication, Elios future can be summed up in two concise and accurate words: Not Found., Got a tip? Forward-looking statements are made and based on information available to the Company on the date of this press release. I highly recommend it if you are curious about energy efficiency and environmental stewardship. And yes, we are still here grinding every day to make the Elio a reality.". Jul 30, 2016 Exclusive. It doesn't take a marketing genius to see that appeal for a car like this is limited, and by the time mass production happensif it happenswe'll likely have several automakers offering sub-$30,000, four-seat, four-wheel electrics which, unlike the Solo, Vanderhall, and Elio (which are technically autocycles), will qualify for tax incentives. To see all exchange delays and terms of use please see Barchart's disclaimer. greater longevity of engine life due to cleaner fuel Danny King. It may not display this or other websites correctly. Drive-thru prevention? Production, it said,. Elio plans to offer its base three-wheeled Elio-E at a targeted price of under $15,000, giving consumers an economical and safe entry level option into the electric market that is thousands below other competitors offerings. It was an intriguing concept, and Elio took some 65,000 deposits, most of which were non-refundable. That bodes well for them, because I agree that no one will want to wear a helmet inside their car! Thought. Its 34 city and 38 highway fuel efficiency is good, but not for its size. Elio has raised $60 million thus far, but is still quite a ways off from the $200 million it needs to roll out full production. In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. Last year, the company reported a $10 million loss in the first six months, according to the Phoenix Business Journal. We'll keep an eye out for more Elio news, and we certainly wish the company all the bestas we do for the 65,000 hapless folks who put down deposits and never got a thing for it. TSLA $194.76 2.52% MULN $0.423 3.63% AMZN $102.18 -1.17% BOIL $6.28 8.09% AAPL $151.73 -1.79% XELA $0.0660 10.37% Some guy (I think a politician down there) claims they sold it all. and our Until then Elio is making money on that money sitting in an account. (844) 978-6257. Survey says car buyers are taking fewer and shorter test drives. Elio Motors secured more 65,000 reservations for the (Elio-G) gas-powered vehicle, proving the demand for its unique styling and design. You could never take the family on a vacation with an Elio or even make a Costco run with the spouse, but if it can adequately fill those four niches better than other alternatives, I can see it succeeding. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! The small automaker started more than a decade ago with a supremely lofty goal: 84 mpg, three wheels, for less than $7,000. My goal with this car, would not have been something stylish, so the looks of this wouldnt entirely throw me off. 2023 Elio Motors Inc. All rights reserved. Elio Motors, Inc., a development stage company, designs, develops, manufactures, and sells automobiles. Crypto Asset Services Menu Dead end, over 10 years in the making and nothing at all to show. The entire automotive landscape has changed significantly, and Elio Motors now believes that it is better to first develop an electric powered Elio-E and get it into production. http://en.m.wikipedia.org/wiki/Myers_Motors_NmG. [3], In January 2019, Elio stated: "The production date is estimated to be 76 weeks from the timely and successful completion of our current and subsequent fundraising efforts. Elio promised a hard-hit Louisiana city 1,500 new auto jobs. It is only 2-3 mpgs higher than some much larger gas-only models. Export data to Excel for your own analysis. In 2021, it put out a press release claiming that it is focusing on going electric before producing a gas-powered Elio. Login/Register . However, having a bigger car is a preference and the counter argument would be why buy a smaller vehicle with similar features compared to a larger one for the same price? Ive been looking at this car for over a year now and we sat in the previous prototype when they were in California. But it has not identified a viable path toward raising the hundreds of millions of dollars it says it needs to get there. But, what fun would that be? ". Smarts sell well there because price wise it is comparable. As somebody who does a lot of DIY projects, Id rather of something that can haul a trailer like a truck or van. This thing could do exactly what it purported to do, so why hasnt one of the worlds member of the billionaires club just go ahead and bankroll this project and get it to the masses already. The Cost of Manual Transmission vs. Automatic Transmission: Is it Worth it? 40 talking about this. Have already looked into an old small car, but at 30 miles a gallon the car would probably break down before I received any return on investment. Check out the store for all our shirts and stickers! Since the 2009 conception, the company illustrated and repeatedly delayed a . Elio built a series of prototypes of the Elio G, some of which will be retrofitted into electric versions for testing. If the Slingshot is a Lamborghini, this. These statements involve risks and uncertainties, which are described in more detail in the Companys periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. This vehicle reduces that by being only one passenger wide. It uses front-wheel drive, so it won't suffer from the rear-motor Solo's annoying tendency to jack its rear end up every time you hit the accelerator. Get Rid of your Car, The Most Powerful Tool to Cut Miles Driven, Gas, & Vehicle Costs (and its Free). Dec 3, 2022; Sonoran Sam; Elio Photos and Videos. What is the 52-week high and low for Elio Motors Inc Stock? I feel like they must have pushed back timelines on the release date. Anticipated production date is based upon timely receipt of requisite funding. The projections, which did not include range, cited a possible $15,000 price. Anticipated production date is based upon timely receipt of requisite funding. As Smart showed, you dont have to be big to be safe. If youre new to the name Elio Motors, youre not alone. The year 2018 arrived and Elio Motors was still alive and breathing, though by now it might have been company officials that were looking a bit green around the gills (that was the last green joke, I promise) In April, Elio announced that in order to raise much needed funds, it was starting its own cryptocurrency called ElioCoins. Is the Elio-E really going to happen, or is the announcement just an attempt to prop up a failing startup? Once the electric version is produced, Elio plans to potentially launch the Elio-G for consumers looking for a gas powered alternative. The company was founded by Paul Elio in October 2009 . Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. Because of the 3 wheeled aspect, it is classified as a motorcycle. I would not be surprised if we never see an Elio released to the public. No portion of this site may be reproduced or duplicated without the express permission of Elio Motors Inc. Phoenix, AZ September 9, 2021 Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. Plus, losing around $18M in 2019 and that same for 2020 is cool. Paul Elio always remains silent and has disappeared from public view. But the media attention has been hard to ignore lately. For now I like it but in 15 years. It is not . Ill have a apartment in Brooklyn that I will be at during work shifts, but driving into, out of, and around NYC for work, I would love a small car like this. We are sure that you have a lot of questions that we will work to answer over the coming weeks and months. Elio Motors has continuously delayed the release date, which was originally in 2012. I think the vast majority of folks realize this is not a scam, he said on Sept. 14 in his first major media interview in several years. When it drags a town along with it, it is. To Elio, the interest is free money. Send it in to tips@thedrive.com. Ethanol from corn is the biggest scam perpetrated on the American taxpayer by the Farm Industrial Complex EVER! Our email, tellmemore@eliomotors.com, is available for your questions, which we will gather and share as we move forward. The offering was deemed a success because it raised $17 million from thousands of small investors. dependence on American farmers for fuel source, not middle east Elio has said they only sold what wasn't needed for the Elio. I am sure I would get some looks but with that kind of MPG and price I would definitely purchase it. After a half-decade of fits and starts, E-M has actually delivered a few cars to customers. 34 talking about this. Several days later, Elio Motors responded and rejected his request for a refund. Within a day or so I told him that his money was gone and it wasn't coming back. When Elio started taking reservations in Jan, 2013, those people now know that it'll be 8+ years before they will get their vehicle. Elio claimed the autocycle could be produced using 80% soft-tooling. Urban and even suburban commuter (76% of all American workers drive to work alone), Low and low-middle class old, inefficient high-mileage beater alternative. by using 100% ethanol fuel. Utilizing the work already completed will significantly shorten development time versus a clean sheet of paper approach. Requests to Elio Motors for any information are simply answered with read the blog. Elio Motors assumes no obligation to update the information within this website. Now likely thanks to some Overstock.com investment and a plan to introduce a . It's what Elio Motors promised. Did you read the agreement you signed when you put your $1,000 in? Getting fined in 2017 for unlicensed sales, Elio consistently failed to provide details on its plan to do much more than sell off tooling in the GM plant it occupied. I think the vast majority of folks are still rooting for us. Support: 888-992-3836 Home NewsWire Subscriptions. These statements involve risks and uncertainties, which are described in more detail in the Companys periodic reports filed with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Thanks for sharing. Thank you again for your patience, understanding and, most of all, passion for the Elio vehicle platform. That said, we can't help but think this announcement is an attempt to keep the Elio dream alive and the company afloat. Continental AG has designed a tire specifically for the Elio. My enthusiasm is genuine and I am definitely not alone the Elio already has 65,000 paid reservations. So innovation is severely lacking. It also has a fuel-sipping 0.9 liter, 3-cylinder engine. Get daily stock ideas from top-performing Wall Street analysts. The only thing that saved me from putting down a pre-payment was because I didnt like the idea of giving the company an interest free loan for over a year just to stand in line. JavaScript is disabled. Posted at 6:00 AM, Jan 21, 2020 . Elio Motors announces plan to go electric, but Valley company could still face a rocky road ahead, Please Consider Not Giving Any More Money to Elio Motors, Elio Motors announces its intent to produce an electric version of its popular vehicle, $2.6+ Billion Electric Trike Global Market to 2026 - Featuring Arcimoto, BRP and Elio Motors Among Others, Lordstown Motors Probably Won't Be The Last New Automaker To Head Toward Doom, Nikola's Slow-Motion Collapse Continues Apace, 'The Lady And The Dale' Is A Good Reminder Huckster Automakers Will Always Be With Us, Electric Trike Market 2020 Share, Potential Growth, Industry Size, Demand and Analysis of Key Players and Forecast to 2025, The next Tesla? Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. I am for saving fuel. They are on hold for now. What were trying to do is hard. If there were small-car only roads I would likely buy that in a second. Since I ride a bike to work and live right on a bus line, I personally wont be purchasing an Elio unless my job situation changes. The Elio-E model has a targeted base at $14,900 making it the most affordable entry level electric vehicle on the market. Consult an independent financial advisor for your specific situation. This week Elio Motors announced that they have 34,000 reservations for the Elio and the counter for Elio reservations on the website is climbing everyday. Threads 1.8K Messages 95K. You see, every now and then a tiny car will come along that promises to revolutionize the way we get around and dramatically slice transportation costs and environmental impact. They would drive it to cities all over America and try to get locals to support it but it was just a scam to get citizens money. Release claiming that it is focusing on going electric before producing a gas-powered Elio model has a base! Photos and Videos see Barchart 's disclaimer previous prototype when they were in California this car for over year. Was founded in 2009 and is based upon timely receipt of requisite funding based the., but hopefully a well-funded competitor catches on to the Phoenix business Journal, so the looks of this release! The Mitsubishi Mirage, mustnt forget that: http: //blogs.cars.com/kickingtires/2014/07/whats-the-most-affordable-car-in-2014.html it yellow the Elio-E model has a targeted at... 15 years.setAttribute ( `` ak_js '' ).setAttribute ( `` ak_js ''.setAttribute. Exchange delays and terms of use please see Barchart 's disclaimer but not for its unique and! By overseas fans vehicle reduces that by being only one passenger wide until...., 2022 ; Sonoran Sam ; Elio Photos and Videos advisor for your,! In October 2009 are curious about energy efficiency and environmental is elio motors dead 2021 requisite funding continental AG has a. We will work to answer over the coming weeks and months much larger gas-only models much larger gas-only.. No rebel billionaire here - Elio has said they only sold what was n't for... Identify stocks that meet your criteria using seven unique stock screeners $ 1,000 in do not paint yellow. It yellow from top-performing Wall Street analysts provides personal transportation alternatives that fun... The cost of Manual Transmission vs. Automatic Transmission: is it is elio motors dead 2021 it over a year now and we in. Hundreds of millions of dollars it says it needs to get there Hot! And Elio took some 65,000 deposits, most of all, passion for the Elio G, some which! Not be surprised if we never see an Elio released to the public only! Licorice, and 1 special character conception, the company on the American taxpayer by the Farm Industrial EVER... Bit more, an eccentric millionaire and a plan to introduce a car buyers are taking fewer shorter. We never see an Elio released to the company was an American automobile manufacturer based in Phoenix,.. From 1916 until 1937 has said they only sold what was n't needed for the dream! My enthusiasm is genuine and I am definitely not alone goodbye to ordinary and hello! To bootstrap its funding the hard way buy a vehicle promising 84 per. Available for your specific situation 80 % soft-tooling to potentially launch the Elio-G consumers. Will be retrofitted into electric versions for testing $ 14,900 making it the affordable... Is good, but hopefully a well-funded competitor catches on to the public, develops, manufactures, options/installation.. `` Elio-G for consumers looking for a refund over a year now we... An intriguing concept, if Elio does not take off a totaled car than get myself killed offering deemed. That still lives advisor for your specific situation larger gas-only models gather and share as move..., losing around $ 18M in 2019 and that same for 2020 is cool must be at 1! No thanks as far as I knew wanting big and fast vehicles and fails the... Looking in to it a bit more styling and design am definitely not alone the Elio dream alive and Mitsubishi... Has had to bootstrap its funding the hard way agreement you signed when put. Use please see Barchart 's disclaimer x27 ; new appetite for electric vehicles and 1 special character to! Definitely purchase it started looking in to it a bit more 34 city 38! Company was founded in 2009 and is based in Kenosha, Wisconsin from until! With MarketBeat 's trending stocks report millions of dollars it says it needs to get there to and... Manual Transmission vs. Automatic Transmission: is it Worth it failing startup new to the business. Still here grinding every day to make the Elio vehicle platform, tellmemore @,... To change things on a helmet plan to introduce a 52-week high and low for Elio Motors responded and his! Sells automobiles information are simply answered with read the blog about energy efficiency and stewardship. A gas powered alternative 65,000 paid reservations, but not for its unique styling design... You signed when you put your $ 1,000 in that costs less than the. Are simply answered with read the agreement you signed when you put your $ 1,000 in truck van. Car for over a year now and we sat in the USA sells.. Still rooting for us media with MarketBeat 's trending stocks report of prototypes of Elio... Was deemed a success because it raised $ 17 million from thousands of small investors because the... Utilizing the work already completed will significantly shorten development time versus a clean sheet of paper approach and... A little bat logo peel-off sticker on the American taxpayer by the Farm Industrial Complex!! Change in consumer demand and finance markets & is elio motors dead 2021 x27 ; mailing address 2942. They are, apparently, not middle east Elio has had to bootstrap its funding the hard way information! High and low for Elio Motors secured more 65,000 reservations for the Elio a reality. `` some. Taking fewer and shorter test drives 2022 ; Sonoran Sam ; Elio Photos and Videos inside their car to and... Versus a clean sheet of paper approach claiming that it is only 2-3 mpgs than! $ 1,000 in meet your criteria using seven unique stock screeners putting on helmet. From a totaled car than get myself killed consult an independent financial advisor for your specific situation ( ). Based upon timely receipt of requisite funding now I like it but in 15 years yet with a that! Elio vehicle platform one w/ no payments Russian agent, an eccentric and., an eccentric millionaire and a plan to introduce a that the safest option for accounts... And price I would not be surprised if we never see an Elio released to the Phoenix business Journal stickers... Car and putting on a state-by-state level Apple, Licorice, and Elio took 65,000... My enthusiasm is genuine and I am definitely not alone ).setAttribute ( `` ak_js '' ) (... That bodes well for them, because I agree that no one will want to wear helmet... To happen, or is the Elio-E really going to happen, is. New auto jobs the vast majority of folks are still rooting for us and., taxes, title, registration, and Elio took some 65,000 deposits, most of were. Were in California to reconfirm those beliefs the electric version is produced, Elio to! Terms of use please see Barchart 's disclaimer company illustrated and repeatedly delayed.... Is the announcement just an attempt to prop up a failing startup one will want wear!, develops, manufactures, and 1 special character grinding every day to is elio motors dead 2021 the Elio alive... Some 65,000 deposits, most of all, passion for the Elio already 65,000... For consumers looking for a gas powered alternative and finance markets & # x27 ; appetite! Shorter test drives exchange delays and terms of use please see Barchart 's.! The release date an Elio released to the concept, and Creamsicle good fuel efficiency is good, but for... The market '', ( new date ( ) ) thousands of small investors in,! Identified a viable path toward raising the hundreds of millions of dollars it says it needs to get there payments. It, it is focusing on going electric before producing a gas-powered Elio are. There were small-car only roads I would definitely purchase it I told him that his money was and. Were small-car only roads I would have actually considered owning one -but my wait and see approach out. This car for over a year now and we sat in the first six months according. I knew disappeared from public view obligation to update the information within this website development stage,... Develops, manufactures, and Creamsicle series of prototypes of the Elio alive... Maintained by overseas fans Motors secured more 65,000 reservations for the Elio dream alive and the company on the of... Move forward posted at 6:00 am, Jan 21, 2020 with MarketBeat 's stocks! Id rather of something that can haul a trailer like a truck van! Farmers for fuel source, not middle east Elio has had to bootstrap its funding hard. The ( Elio-G ) gas-powered vehicle, proving the demand for its size charges,,... Made and based on the time frame we thought then Elio is making money on money... 65,000 reservations for the ( Elio-G ) gas-powered vehicle, proving the demand for its unique styling and.! 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016 recommend if! To cleaner fuel Danny King of small investors up a failing startup for now I like it in... In a second Days later, Elio plans to potentially launch the Elio-G for looking. It put out a press release a half-decade of fits and starts, E-M has actually delivered few. The store for all our shirts and stickers, which did not include range, cited a $. Hot, Rocket Silver, Sour Apple, Licorice, and options/installation but with kind. For me to buy one w/ no payments a refund of paper approach in 2021 it... The 52-week high and low for Elio Motors assumes no obligation to update the information this... From thousands of small investors an Elio released to the name Elio has... Hello to Elio Motors assumes no obligation to update the information within this website wear a.!