Since we are talking about insurance, the IIHS has brought up a good point about bumper height not being the same for cars and trucks. What about autocycles? I also wonder because the Elio is half the width to get double the mileage, but what happens when there are the traditional rear enders...
The original question was this:
You answered with two products that were already finished with the R&D that were ready to go. The ARM is licensed for manufacture by others and can be customized. As for Electra Meccania they too have finished their R&D, sold a few to the general public and now...
We were pretty pumped. I'm not a big football fan but this year has everyone going. Best part it, in our area, you can be an Eagles, Jets or Giants fan and that's good enough.
All I know is this. My neighbor holds the Superbowl party and that means that I will spend the first part of Sunday...
Typical McPherson strut front suspension on about 75% of every passenger car in America (excluding the brakes and steering)
Lower Control Arm (LCA)
LCA Balljoint
LCA Bushing 1
LCA Bushing 2
LCA Bolt 1
LCA Bolt 2
LCA Nut 1
LCA Nut 2
LCA Nut 3
Upright
Upright Bolt
Wheel Bearing
Clip...
Remember, the Elio has 4 front fenders and no right door. Someone hits you in the right side and that will entail much more work as opposed to if there was a door there. Then the front suspension has an upright, upper control arm, lower control arm, pull rod, tie rod and inner lower control arm...
Back to the OP, I've seen plenty of times where people have patents and try to license the idea to others. 100% of the time, they are rejected unless they have a proven item that does everything they say it does. When Elio gets the $85M they need to finish the car, then they can explore...
You are right. A relative of mine is an actuary for an insurance company and he told me the same thing. He doesn't see how the Elio would be cheaper than insuring something like a Nissan Versa and by the exact reason you stated. This is why classic car insurance is pretty cheap over what you'd...
My guess is that there has never been anyone else to step in from day one. It was just wishful thinking by many because they wanted to believe that people were waiting in line to fund Elio because it was just the right thing to do to save America and whatever else. In the end, it's just business.
Tesla revolutionized the transportation industry. Before them, electric cars were quirky, slow and ran those massive lead acid batteries. Pretty much a hobbyist vehicle. The roadster gave us a glimpse as to what an electric car could be. When the S came out, it was a game changer. It looked like...
Elio could license it out but they need something to license. As of now, they need to complete the car and have it production ready. Once they do that, then they would have to start a group to go do a world tour to different companies and see who would like to pay Elio for the right to make the...
You drive your Elio from NYC to the Santa Monica Pier on 34 gallons of gas (only need to fill up 8 times). This is with heat and according to Google Maps, in 41 hours. Tesla has a long way to go to beat Elio.
On the Elio Motors website under the Investor Relations page, they have this:
Looks like 21,204 did binding, 36,435 did not. That's 57,639 out of a total of 65,255. From the way I seen it, you could go to all in from want in and then do a binding for $7K. Once the deadline passed, then you...
You bring up a good point. I find it hard to believe that from 2009 to May 2016 that at least 1000 people in the automotive industry didn't tell Elio, "There's no way you can make a tube frame car at that volume for that price." and "Why did you get a state of the art plant with a massive steel...
Seems that there are plenty of other HUD displays to choose from. As for Navdy:
https://techcrunch.com/2017/11/27/navdy-contacts-would-be-creditors-prepares-to-liquidate/