Is Elio Still Saying Mid 2016 To Start Production?

[Sethodine]

speaking of the plant two items comes to mind-

Do we know the supposed millions that the surplus equipment was to generate via Ebay?- still makes me smile using Ebay,
I have trouble imagining some executive checking postings for equipment for his company

Isn't there a MAJOR penalty looming if by...., there are not 1500 employees?

I figured that "eBay" was being used as a euphamism for "auction". I.E. "Lets eBay all this stuff." and then they go and auction it off using a conventional estate auction process.

 

[John Painter]

speaking of the plant two items comes to mind-

Do we know the supposed millions that the surplus equipment was to generate via Ebay?- still makes me smile using Ebay,
I have trouble imagining some executive checking postings for equipment for his company

Isn't there a MAJOR penalty looming if by...., there are not 1500 employees?

$3.5 million in sales as of last September.

 

[Rickb]

Hi all,
I don't post or follow too closely anymore so apologies in advance for jumping in. But, from a birds eye view, it is interesting that the more things change, the more they stay the same.

Change:

• Elio bespoke engine up and running in the P5 (despite naysayers telling all that no real engine exists).
• The P5 itself. Honestly a very different vehicle from P4. The amount of work that undoubtedly went into this would boggle the mind.
• Elio goes public and raises all (and more) of its target.
• Add to the list. it goes on...

Same:

• Production Delays. And guess what? Yes, there will be more.
• Trolls; but why? At this point no one really has a legitimate complaint. If you did not expect what we currently have it is 100% your fault for having unrealistic expectations, even regarding the production schedule. There will undoubtedly be further setbacks. IMO here is what you should expect;

1. MSRP price hikes
2. Lower than expected MPG (either city or highway)
3. Safety ratings not quite what you wanted
4. Wrong this, that, or the other.

• Overzealous supporters. Sorry folks, but this bothers me just as much as the trolls and naysayers. If, just if there is a huge negative development it will be the trolls and naysayers who will bring it to our attention first. Just saying. That doesn't mean we should feed them, but at the same time let's not jump on their back for every little slightly negative post. But yeah, I get it. It is tiring defending some of the stuff they choose to complain about; where does it come from? I guess that's why I don't post often... easier to ignore most of them that way.

And the 'Same' list goes on as well.

When I first joined this site people were generally enthusiastic about elio. The most enthusiastic of us had always tempered our expectations with the realities of what we were getting into. What we got into and what we continue to support has not changed since I first saw the Elio other than it is taking a little longer than I (emphasis on I) would have hoped. But I knew from day one that this was going to take longer than I'd like, so it is just fine.

Pull your expectations back a bit folks, temper your enthusiasm as well. Just sit back, enjoy the ride. Elio has come a long way. There is no way anyone can deny the progress the team has made if they have any knowledge about how long it takes to change just tiny things, especially by some of the suppliers involved. If you think you can, well, you just don't know how things work with these large corporations I'm afraid (and that includes Elio in certain respects). The suppliers and partners are likely the main issue with delays, but that's the poison you have to take when you're in no position to gamble... the big guys call many of the shots and supply the parts and engineering resources on their terms. Elio can't say a thing about it; If they even think elio threw them under the bus, they will walk. That's just one Razor edge elio balances on on a daily basis. But overall the progress is very good. I'm impressed.

Happy New Year all. Lets all look forward to a new Elio in 2016. Or 2017, or 2018...

EM can't pull my expectations back any farther and my enthusiasm is tempered to the max. Realistically, EM doesn't have until 'whenever' to manufacture the Elio. Their $70 + million of current high interest debt and pending late penalties for not fulfilling their contract obligation of hiring the 1500 employees will bankrupt the startup over time. Also, will EM get a second contract extension and face added future penalties? If Elio is going to happen it needs to happen by the targeted 2017 production schedule outlined by EM in their SEC Filing Document........or not.

 

[McBrew]

Anyone know how they arrived at 84 MPG.... I'm doing good to get upper 50s my 500cc motorcycle ?

Being an engineer, I'm betting Paul had a better reason than most people have stated.

As for the MPG compared to your motorcycle, I'll just say that there are MANY cars sold outside the US that get well over 50 MPG. Not just tiny, unsafe cars, either. VW has a two person tandem concept car that gets 240 MPG. That's with a turbo diesel/electric hybrid. My dad has a Jetta gas/electric hybrid that gets 45 MPG, and that's a much heavier car than the Elio... And also puts out 170 horsepower. The Scion xD I used to drive got around 40 MPG with the 1.8 liter engine... But t in Europe it was sold with a smaller gas engine that got even better mileage.

We tend to like cars with lots of horsepower here in the US.. Even on smaller cars. My old Benz had a 72 horsepower engine. My current one has 221 horsepower. The new E-class is available with a 577 horsepower engine.

 

[John Painter]

Anyone know how they arrived at 84 MPG.... I'm doing good to get upper 50s my 500cc motorcycle ?

There's no comparison between a conventional motorcycle with exposed rider and a fully enclosed, narrow, streamlined Elio in terms of aerodynamics.

 

[BaldGuy]

What I don't understand is why Elio don't just put a disclaimer on the production date as they do the MPH and price.

Its Targeted at 6,800. Up to 84 MPG. (if it ends up costing 100 K and gets 10 MPG, they be covered).
Why don't they put a star or something on the 4th quarter 2016? And I think they did the same thing before. Think it was mid 2015.

 

[3wheelin]

EM can't pull my expectations back any farther and my enthusiasm is tempered to the max. Realistically, EM doesn't have until 'whenever' to manufacture the Elio. Their $70 + million of current high interest debt and pending late penalties for not fulfilling their contract obligation of hiring the 1500 emploees will bankrupt the startup over time. Also, will EM get a second contract extension and face added future penalties? If Elio is going to happen it needs to happen by the targeted 2017 production schedule outlined by EM in their SEC Filing Document........or not.

The scary version is...EM and it's employees including PE can keep on doing what they're doing 'whenever' or 'forever' going to auto shows, etc. without a care in the world, get paid, and they DON'T have to deliver a single ELIO and not get sued!!! John Painter knows this fully well per our signed agreement! If all else fails, they're only accountable for the return of the refundable deposit! So let's keep our fingers crossed that em have more cards to play that we don't know. Strictly my opinion only.

 

[3wheelin]

Being an engineer, I'm betting Paul had a better reason than most people have stated.

As for the MPG compared to your motorcycle, I'll just say that there are MANY cars sold outside the US that get well over 50 MPG. Not just tiny, unsafe cars, either. VW has a two person tandem concept car that gets 240 MPG. That's with a turbo diesel/electric hybrid. My dad has a Jetta gas/electric hybrid that gets 45 MPG, and that's a much heavier car than the Elio... And also puts out 170 horsepower. The Scion xD I used to drive got around 40 MPG with the 1.8 liter engine... But t in Europe it was sold with a smaller gas engine that got even better mileage.

We tend to like cars with lots of horsepower here in the US.. Even on smaller cars. My old Benz had a 72 horsepower engine. My current one has 221 horsepower. The new E-class is available with a 577 horsepower engine.

And almost always the very people that can afford the E-class 577 hp are the really old ones that hugs the fastest lanes at 65mph!!! Sometimes I see nothing but 2 knuckles visible holding the steering wheel but can't see the driver!

 

[John Painter]

The scary version is...EM and it's employees including PE can keep on doing what they're doing 'whenever' or 'forever' going to auto shows, etc. without a care in the world, get paid, and they DON'T have to deliver a single ELIO and not get sued!!! John Painter knows this fully well per our signed agreement! If all else fails, they're only accountable for the return of the refundable deposit! So let's keep our fingers crossed that em have more cards to play that we don't know. Strictly my opinion only.

Not really.

EM is deep in debt, and some significant milestone agreements with costs associated are coming due shortly that will further stress their finances. I think EM is more viable now than last January, whether they have the time to pull things to gether before finances really catch up with them is another matter and what I think it's all boiling down to.

They need to produce, they know that, and are busting ass to do that. Will they succeed? Who knows, but I'm rooting for them. This definitely the stuff capitalism is all about, I love it.

 

[Rob Croson]

As for the MPG compared to your motorcycle, I'll just say that there are MANY cars sold outside the US that get well over 50 MPG. Not just tiny, unsafe cars, either. VW has a two person tandem concept car that gets 240 MPG.

The Chevrolet Volt's initial claim was 230 MPG. It all depends on the assumptions you use when you do the math. Also, whether or not you can meet the federal regulations. Three-wheeler's have an advantage in this because of the looser regulatory environment.