I would think a company would prefer to start in January than in December simply because of the holidays. I could see a company setting up all the company departments like payroll, 401k plan, human resources, etc., interviewing and hiring in December, but people reporting for work in January.
-
Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.
Month 2 And Clock Is Ticking
- Thread starter John Painter
- Start date
TMOSteel
Elio Addict
This bit of news today suggests EM is at "Month 2" in their production timeline as described in the SEC filing with engineering drawings released.Nice!
http://www.prnewswire.com/news-rele...s-engineering-prototype-builds-300221296.html
View attachment 8418
So February 2017 start of production? What happened to starting in 2016? Pretty soon I'll be too old to want to drive this thing...
Paul Elio says on track to the Q4 2016 production schedule.
slinches
Elio Addict
The "production" part of the 15 month plan is supposed to begin late Q4 2016. Whether that means the first vehicle rolls off the line before the new year or just that the first wrenches are being turned isn't clear.
It will be a very exciting moment for the holders of low reservation numbers when they finally get that important call from EM asking if they have decided on the color and options to be added before final delivery! If they received them by year end, will that be considered as 2017 model?? This could be very important to some people, the engine and car serial numbers.
msmith5150
Elio Addict
- Joined
- May 27, 2014
- Messages
- 293
- Reaction score
- 964
Well if you take that timeline chronologically (which is kind of the point of a "timeline" then month 15 for start of production would be March 2017. If Elio is saying they still plan production to start in the 4th Q of 2016 still, that contradicts the timeline.
I mean personally, I would rather take delivery in the spring of 2017 that way I can actually enjoy driving right away instead of quickly shrouding it in the garage for the winter. But it's still a contradiction.
I mean personally, I would rather take delivery in the spring of 2017 that way I can actually enjoy driving right away instead of quickly shrouding it in the garage for the winter. But it's still a contradiction.
WilliamH
Elio Addict
In order to know when the projected time line ends you have to know when it started.
And as I recall, that "start of production" is a three month block.
I think I might look at news papers in the Shreveport are to see when Elio starts advertising for help.
John Painter
Elio Addict
As with anything the timeline EM has is the flow and general amount of time (I don't take it as set in stone), however if one wanted to be literal with it production would start sometime in November/ December. Alternatively at the 7 month mark where EM needs to start pulling the remaining $240m together for production, if they don't fairly quickly the timeline would fall apart. With the ballooning rent for Shreveport Stu Licherer may be forceced to tell EM he has to lease to someone else, or EM may need to pony up more rent money, and sometime in this summer EM will need to be hiring or be on the hook for up to $7.5m to Caddo Parish for not delivering 1,500 jobs. with all this and more, there's a lot of pressure on EM to make it happen.
Ekh
Elio Addict
Looking at this chart they won't start production until Jan 1 at the earliest and more likely sometime in February -- how nice to have the chart confirm my WAG (wild-ass guess)This bit of news today suggests EM is at "Month 2" in their production timeline as described in the SEC filing with engineering drawings released.
http://www.prnewswire.com/news-rele...s-engineering-prototype-builds-300221296.html
View attachment 8418
Ekh
Elio Addict
Jeff, I think that's a pretty astute insight -- the real schedule is in Paul Elio's noggin, not on paper. the problem is they've built expectations very high and if they miss by a few months they will have zillions of people yelling "fraud." But Elio is an engineer, and he would always choose getting it right over meeting a deadline -- especially a self-imposed deadline, let alone a funding-imposed deadline. He must be EXTREMELY confident about the ATVM loan guarantee.Next question: when Paul said "... This critical milestone in the product creation cycle has been achieved ahead of schedule," that doesn't really mean anything to us, correct? The "schedule" is one that's in his head and not documented anywhere, 'tis my suspicion.
Maybe Schwab Industries, The Genesse Group, and The Paslin Company got things done sooner than they said they would. But in the SEC filing timeline, probably doesn't gain us any time?
