Momentum V120

[Coss]

A look at our vision to incorporate changes to the automotive industry

Elio Motors Momentum v120

We are in the process of building a company that we believe will alter the course of transportation. Today’s Momentum will look at a handful of these changes and how we will incorporate them into our business.







*MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation.

Certain statements in this email 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. These statements involve risks and uncertainties, which are described in more detail in the Company’s 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. Forward-looking statements are made and based on information available to the Company on the date of this email. Elio Motors assumes no obligation to update the information in this email.



Elio Motors 2942 North 24th Street Suite 114-700 Phoenix, AZ 85016 US


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[Coss]

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The Elio Team posted: " By just about any measure, the automotive industry in the United States is thriving. Since 2010, sales have improved each year. While sales are robust, there are many aspects of the automotive industry that car buyers would like to change. At Elio Motors"


New post on Elio Motors

Changes for the Better…
by The Elio Team

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By just about any measure, the automotive industry in the United States is thriving. Since 2010, sales have improved each year. While sales are robust, there are many aspects of the automotive industry that car buyers would like to change. At Elio Motors, we are in the process of building a company that we believe will alter the course of transportation. Throughout this process, we have heard from many future Elio owners who have expressed changes they would like to see in the industry. Today’s Momentum will look at a handful of these changes and how we will incorporate them into our business.

The Process

The vast majority of car buyers despise the process. Autotrader conducted a study that found less than 1% of consumers are content with the current car buying process. To improve the way Elio owners purchase their vehicle, we will make several significant changes. We plan on having Elio centers in the top 60 markets. When visiting an Elio store, visitors will feel an environment more reminiscent of a tech store than a car lot. Future buyers will have the choice of either using a kiosk or being walked through the process by a friendly, informative Elio Motors employee. Additionally, the base price is set, which means that our stores are haggle-free zones. Traditionally, the most painful part of the car buying process has been negotiating the price. For Elio Motors customers, the price will be the same for every customer, regardless of location, group or occupation etcetera as we have rolled all discounts into one low price for everyone.

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Making an “Option” an Option

The term “option packages” is a bit of a misnomer. Automakers offer a package of available accessories; however, the customer cannot choose to remove or add certain options from the package, costing consumers hundreds of millions of dollars annually. For this reason, we will let our customers choose their options a la carte through our ePlus: My Elio, My Way program. Instead of having to settle on an extravagant and pricey option package, Elio customers will be able to select only the options they want. Additionally, Elio customers will be able to add additional options as their needs change and/or keep up with the latest technology as it is introduced by bringing their vehicles back to a retail center.

An Emphasis on Fuel Efficiency

Even during respites of exorbitant gas prices, Elio Motors and our customers would like to see an enduring emphasis on fuel efficiency. There are several reasons an emphasis on fuel economy is important. For one, a fuel-efficient vehicle saves drivers money during times of both high and low gas price. Additionally, fuel-efficiency shrinks our carbon footprint, reduces our dependency on foreign oil, and can help cut the trade deficit. Regardless of the reason, fuel-efficiency should be a constant emphasis in the automotive industry.

The automotive industry in the United States is vitally important to the economy and the creation of American jobs. While sales are strong, several important changes can be made to further improve the way the industry operates. Our vision is to implement changes that benefit our customers: a better buying process, an option program that saves customers, and a long-term emphasis on reducing carbon emissions and producing a green vehicle.


The Elio Team | August 23, 2017 at 5:33 pm |

 

[Grumpy Cat]

Color me underwhelmed.

 

[Made in USA]

Wondering just who this message is for. Most, if not all, reservation holders already feel this way. Sounds like preaching to the choir. Maybe their trying to convince themselves? Does Elio expect us to jump up and down in excitement, run out and tell everyone we see? Perhaps they are trying to convince future investors? This momentum is really lacking in substance. Just re-stating their mission statement. Is the next momentum going to tell us the color options again? I think we deserve NEW information.

 

[Rob Croson]

They have to keep up the presence. Keep the "news" rolling. If they stop, then it's an indication that they've given up. As long as they keep doing *something*, they're still alive and kicking. If they have nothing concrete or new, then hey keep recycling what they've already done, but maybe in a different format, or different angle. Expect this to continue until something happens with the stock offering.

 

[Maurtis]

They have to keep up the presence. Keep the "news" rolling. If they stop, then it's an indication that they've given up. As long as they keep doing *something*, they're still alive and kicking. If they have nothing concrete or new, then hey keep recycling what they've already done, but maybe in a different format, or different angle. Expect this to continue until something happens with the stock offering.

Agreed, these emails act more as a pulse than actual information delivery. As long as they continue the canary is still alive.

 

[Grumpy Cat]

They have to keep up the presence. Keep the "news" rolling. If they stop, then it's an indication that they've given up. As long as they keep doing *something*, they're still alive and kicking. If they have nothing concrete or new, then hey keep recycling what they've already done, but maybe in a different format, or different angle. Expect this to continue until something happens with the stock offering.

Very true. How many times did we hear the same 4 basics and make your $1,000 reservation for $500 additional savings prior to the 65k reservations?

 

[Donnyboy]

I also think us folks on this forum are more in tune with all things Elio, and have had reservations for years. Other people may have made a reservation last year and a lot of this is new to them.

 

[acentre]

I also think us folks on this forum are more in tune with all things Elio, and have had reservations for years. Other people may have made a reservation last year and a lot of this is new to them.

Why still try to sell a vehicle that has no funding to be manufactured?

 

[Grumpy Cat]

Why still try to sell a vehicle that has no funding to be manufactured?

Is that a fact or your opinion?