Elio Motors says that they’ve reached ten thousand reservations for the three-wheeled Elio car. The car is expected to enter production in 2015 and the company seems to be moving forward with their plans, having secured a portion of the old General Motors plant in Louisiana for it and taking on several partners for parts sourcing. As production nears, we hope to see some proof of the car’s viability, results from crash testing (as promised), and some kind of dealership network beginning to emerge.
We’ve talked about this car extensively in the past, including our popular video review of the car and questions about the financial viability of the company. It’s been a popular subject here on CarNewsCafe as new information from the company and those involved comes to light.
So far, 10,000 customers have put in reservations (and the deposit that goes with them), says Elio. The company is still shooting for a base sticker price of $6,800 for the car, 84 mpg highway, and that 5-star crash test result. The new production goal of 2015 is about a year away – about how far the company has said they’ve been from production for the past five or six years.
If the Elio enters production in 2015, it means the company should now have raised the money required to begin retooling the plant, building parts inventory, and training workers. When that starts happening, we’ll know they’re serious about their start date.
Latest posts by Aaron Turpen (see all)
- Sneak Unveil of New GMC Hummer EV - October 20, 2020
- Video Review: 2020 Cadillac CT4 is great as the Smallest Caddy - October 13, 2020