Steve Burns just bought the assets, not the plant. So, he has the Lordstown tooling and equipment but not the actual plant itself. The plant is owned by Foxconn. So, Elio would need to do a lease with Foxconn. It might be a great deal as Foxconn makes iPhones. So this would be a better...
Without the cash burn of the fines and penalties from the Caddo Parish and the banks, they stand a good chance. The OH Governor is happy about the product and it's chances in Lordstown. I bet he is in better shapes as he's not bankrupt like Lordstown is. So, this could be a great restart of Elio...
From what I read, the whole plant is leased out. I assume that since Elio motors has not paid a lease payment since around 2016, that he got kicked out. Plus, the equipment has been defaulted for about that long, thus probably like when you don;t pay for your loan on a car. It goes back to the...
I read an article today and it shows that back in July, 1M sqft was leased out to a company. Before that 600K sqft was leased out to another company. Hyundai Glovis is still there. So all of that plant has been leased out. Elio was leasing 1.3M sqft. That is over and they will need to find a new...
At least there is a lobbyist group devoted to a thing like this. Give them money and email them on how things like the Elio can be made a reality. I think Joel needs to hear from everyone as he is the one we all know, works for Elio Motors. He can use his knowledge of autocycles to get this...
We do have the gas guzzler tax. So, all that did was to get the manufacturers to force cars to get above the requirement. Thus the reason why so many automatics as they can program them to do it.
Then, what do you do about EV's?
Idealistic but not realistic.
Elio had a lack of interest and Paul was hedging his bet that if he got a plant, did lots of videos, then toured the car, after that apply for the ATVM loan a second time, the deposits would come in like crazy and fund his project. The interest from the public was lacking, the IPO was mediocre...
I have a neighbor with a black Chevy Truck. Black is really hard to get to look good but he did that coating when it was new and after three years, it looks great. Plus it's parked outside all of the time.
I am amazed that with these ceramic coatings, how the gloss is so much better than it was when you had to put a few coats of wax on. On my other cars, I did a DIY ceramic coating and even discovered it works on the plastic trim too. Not like the old days where if you waxed a car and got it on...
Instead of touting it, then get with the program. Ford has been pushing this for about 20 years. I know. Back in the day a company here called Air Products is the largest producer of Hydrogen on the planet. They had Hydrogen powered Ford e series with the V10 to transport people around their HQ...
Great idea. I'd think that FUV would have an arrive and drive. Maybe they will have a test drive at Summit Point WVA. I know they do not sell in that state but it's right on the border of VA. So close to DC the FBI even uses it as a training facility.
Don't forget 7600 General Motors BLVD in Shreveport LA 71129. That's the manufacturing plant for Elio motors. I would check there as it's a big facility and they could be working out of there too. When you are leasing a property, you sure will be using it and not paying a monthly lease payment...
2024 will be exciting. I look forward to Aptera and Nimbus are confirmed to come out. Plus with those nationwide free test drives, it will be a hit. I know they will not be like FUV that makes it almost impossible for people to take a test drive for free and thus why we see why they are...
For Nimbus, the release date was for Q3 in 2023. Since that date was closing to an end they now they say, 2024 (no quarter or half). I wonder if they were running into supply chain issues or covid or maybe the broken markets and needed to push that date back to a question mark for the year 2024...
We are going to the Penn State game in November when they play Rutgers. Even have an overnight RV pass. That place is transformed for those football events. Last year we went to a game and they had 107K in attendance. I do know that they have a seismometer on campus and they can graph right when...
Remember, sell the idea first and then for service, that comes later. Anyone that complains about service, just tell them, "You can fix it yourself!" Now many people might not have ant mechanical ability or tools but they should be able to fix an Arcimoto.
I think for time, Moller wins. The guy used to own Supertrapp (actually started the company and then sold it). He bought all of the Evinrude machinery at auction because they were owned by GM and Rotarys were the future, yet GM gave up. That's what was going to power Moller's flying car. I...
Arcimoto had their conference call yesterday. A few things:
-Delivered 65 vehicles to customers in Q2
-Produced 94 vehicles year to date
-Delivered 102 vehicles year to date
-Produced 1000th vehicle in June. A milestone
-A total of 665 FUV's delivered to customers
-TMW delivered 11 kits this...