Think about it, if you could get away with a smaller travel trailer and boat because your Suburban cost you $1500/year as opposed to $100, you might go for it. On the other hand maybe not. Plus, the US public transportation system is garbage, so you need to have another car. In Europe and Asia...
As for the cost of ownership, it depends on the country when in Europe. I do think this, owning a car there costs way more than here. I checked out my Golf and the cost of owning it in Germany per year (taxes and inspection). In the US, my car costs $35/year for taxes (aka license) and $75/year...
Just remember a few things (I know we went over this a few months ago):
Google: "Security Token Offering"
Then take everything you know about Bitcoin or Crypto Currency and throw it out the window. That's something else and since Elio decided to use "Coin" in their name, people think it's a...
We could probably go on all month with obscure ideas of people with the best ideas in transportation over the last 20 years. We might as well being up V-Vehicles that had super duper rich T-Boone Pickens, Mazda RX-7/Miata Designer and Elio Engineering behind it, plus made in an ex GM plant in...
I want to see it practiced with real world testing. Not what someone says. Also a NASCAR cage is dangerous as can be unless you are strapped in with a 6 point harness and a seat that is really secured to the floor along with plenty of high density roll cage padding. There's a reason why...
Best thing to do is sit down for a while and go to the beginning of the SEC filings and go from there. It will answer lots of questions and bring up as many new ones. They have them back to 2015 and it takes some time but is a great way to get up to speed with Elio.
It all depends on what they...
It's only $108K, so that should work. My guess is that it probably ran into stability problems and side impact would be a definite challenge. In general, government assistance would be great if micro cars served a purpose. I am not seeing where it would do any good as solving any issues except...
There are plenty out there that can pass US and Canada safety and crash tests. It's up to the manufacturers to invest in those crash tests. EU test are right in line with Canada and the US, so anything they have could be brought here without a problem. It's not the crash regulations that are...
$20,157,188
No patents
Debt: $99,166,669
Cash: $339,712
Through the current assets and future profits.
Please read the SEC filings on the Elio Motors Website. They have lots of information and can answer many questions.
https://ir.eliomotors.com/all-sec-filings#document-380-0001140361-18-042917
So it's Q1 2019 for when I call them and say, "Gimmie a blue one" and it'll be at my door in a week. That's much better and good to see that they have got to the hard opening of their business (as opposed to the soft right now).
So Arcimoto will be in production then in 11 to 23 months from now. So that's what I was wanting to know. Just like with Elio, right now it's July, 18, 2020 for the first reservation holder but it'll be July 18, 2021 before I can walk into an Elio dealer and say, "Gimmie a blue one" then two...
This is good news for Elio because it covers the super rich (the people that make over $80K or $150K). They don't cover the ones that make $20K. That's where Elio will shine. It opens up a market that the current auto makers avoid and you rarely ever see in market studies. Good for Elio because...
I'm wondering, when is it that Arcimoto will do this. I call them on the phone and say, "Gimme a blue one" and then they say, "It'll be at your door in a week". Obviously, I have the money up front and will wire transfer it to them (which takes a few minutes to do). I'm not talking about pre...
I'm going to tell you that you are wrong on that one. What you say is true if you are talking about GM, Ford or FCA. As for all of the rest, they could do it without a problem. For example, VW could just add onto their existing plant and make them. They have no union to deal with and their...
I wonder how that would work today at my house? My weather station shows 8 degrees, gusts up to 34 mph and there's about 3" of snow on my street (actually two ruts down to some pavement). Tomorrow morning it'll be 1. I have a feeling there would not be too much FUV in it today or tomorrow or...
Another EV Pickup based out of the same area as Elio Motors and where Rivian is going to build theirs. Looks like you can reserve one too.
http://www.atlismotorvehicles.com/
You are in luck, in 2032 you can still drive a car but you'll have to wipe your derriere using the three seashells, eat only at Taco Bell and Oldsmobile is back in business. Self driving still has it's problems but no need for airbags: