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Lack Of Interest

Sethodine

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Money should not have been an issue for the E-builds. I get that those are expensive, but the StartEngine campaign supposedly only needed $12mil to fund the E-series, and they got $17mil in the end. So if money is the problem now, then they must have had a MAJOR engineering flaw that needed correcting. This might also explain the delay and slow trickle of information. Maybe the next quarterly stockholder informational will give us insight into this.
 

skychief

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I finally gave up on my shiny new Elio autocycle. I've decided to settle for my $900 T-shirt and my $100 bumper sticker. :D

I just bought a nice used '09 Sentra with the money we had set aside for the Elio. Its really nice car and we were able to get the color we wanted. :cool: Supposed to get 37 mpg - a lot better than our '93 F-250 which gets around 12 mpg! We simply couldn't wait any longer for our autocycle which may not ever be built. :(
 

Doug McDow

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I finally gave up on my shiny new Elio autocycle. I've decided to settle for my $900 T-shirt and my $100 bumper sticker. :D

I just bought a nice used '09 Sentra with the money we had set aside for the Elio. Its really nice car and we were able to get the color we wanted. :cool: Supposed to get 37 mpg - a lot better than our '93 F-250 which gets around 12 mpg! We simply couldn't wait any longer for our autocycle which may not ever be built. :(
May be by the time the Elio is in production you will be able to buy one!
 

Maurtis

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I finally gave up on my shiny new Elio autocycle. I've decided to settle for my $900 T-shirt and my $100 bumper sticker. :D

I just bought a nice used '09 Sentra with the money we had set aside for the Elio. Its really nice car and we were able to get the color we wanted. :cool: Supposed to get 37 mpg - a lot better than our '93 F-250 which gets around 12 mpg! We simply couldn't wait any longer for our autocycle which may not ever be built. :(

I like that generation Sentra. I was looking at a 2011 (maybe 2012) SE-R Spec V and it was a hoot to drive. I went with the Miata instead since it won out on the fun factor, but the versatility AND fun of the Sentra made it a close call.
 

Elf

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I like that generation Sentra. I was looking at a 2011 (maybe 2012) SE-R Spec V and it was a hoot to drive. I went with the Miata instead since it won out on the fun factor, but the versatility AND fun of the Sentra made it a close call.
 

Elf

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I'm not giving up on Elio at all and there are all kinds of directions the project can go from here .Everyday I check in just to see that deciding thread that a firm production date has been established .
 

acentre

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Looks like the Electra meccanica Solo will arrive before my Elio, if the Elio ever arrives. Elio should have taken the low volume road, as EM, and charge a realistic cost.
 

slinches

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I don't think there is a "low volume road" for something like the Elio. There's no viable way to pull off charging enough of a premium for the low volume production model to scale sales volumes fast enough. Efficiency and low cost are the two keys to the Elio's appeal and those don't translate to the ultra-premium luxury or sport markets that they would need to target. And trying to charge something non-premium like $12-15k for their product will find only a niche market, so such a company would need to build slowly. If it takes another ten years to achieve high volume production, battery electric tech will be caught up with gas powertrains and the company will not be in a good position to compete. That's the difference between Elio and something like the Solo and Arcimoto SRK. Those companies don't have to fight impending obsolescence, so they are taking the slow path to grow volume as the tech improves and low cost designs can be matured.

But if Elio can get the funding it needs now, then jumping into high volume production will allow for rapid return on investment (for the automotive world). Then they can work on alternative designs and powertrains with far more resources than any of their potential 3-wheel competitors could afford.
 
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