Elio needs to go further with this steel thing. A few other future blog suggestions:
1. Steel wheels to make your Elio safe on the road - http://www.sswlindia.com
2. Steel and rubber mixed together to make your Elio safer - http://www.continentaltire.com/content/how-build-radial-tire
3. Steel...
Here's the issue. Many who put money down and hundreds of thousands that were waiting, assumed the 65k was some sort of gate that when Elio passed through, then good times were awaiting. Obviously Elio found this out because they had to address this after they blew past 65K reservations. I...
Elio Engineering (ESG) has an address in Tempe. I hope Paul is OK. I almost got run down by a car while crossing the street while drinking my Venti Cappuccino.
If Elio can get past stage 2 then they might get it. There current financial situation will not allow them to pass that stage. They could wait indefinitely or until they shut the program down. Even if they do pass stage 2, the ATVM people might ask for a completed car to prove it meets the...
Just wait until someone hacks into that chip. The thermostat will go down to 60 degrees, TV switched on full blast, stereo cranked up and the coffee maker will be on all while you are not home. Then everything goes back to normal when you get home. The following month, your electric bill be 5X...
I got to hand it to Elio, they did say, "unique perspective" and I don't know about you, but the sarcasm meter went to 100% on that one (unless someone hacked into the chip on my meter).
Let's start with the uplifts. There has to be plenty of them. So I'll start:
The Elio gives up to 92mpg and the ATVM loan only requires 75 mpg. Thus Elio has exceeded the ATVM loan specification by 17 mpg. The technical criteria has been exceeded.
I was giving a hypothetical scenario. Because in February 2016, Elio needed $12M to build, test and validate 25 E-Series. They got $16M. So, the excitement had to of been that the ATVM loan was now a given. We all know the rest of the story but the whole thing ended up being a letdown for...