Looks like Alabama is the place to build cars nowadays where they currently have Honda, Hyundai, Mercedes and a Toyota engine plant. 4000 new jobs by 2021.
https://www.reuters.com/article/us-usa-alabama-plant/toyota-mazda-to-build-1-6-billion-plant-in-alabama-sources-idUSKBN1EY2PF
I think we knew this was coming. Elio waited until the last minute to file the Dec 16 filing by the May 17 cutoff. As we all seen, there was no good news in there. I feel that if they would have filed right away that it would tell us what we already know. So it makes sense to delay again because...
Elio will have to release something because even under OTCQB, they have to disclose something or they get moved to OTC Pink. Even with the move to OTCQB, that's the opposite direction they needed to go to get listed on NASDAQ. Hopefully they can get relisted back on OTCQX by passing the penny...
I forgot about that. Time passes so fast and it seemed like yesterday that we were wondering why the certification to OTCQB. I'm wondering that even at this, if Elio is setting themselves up for the NASDAQ listing after the targeted win for the court case in March.
I think they would be like many other publicly traded companies but there must be a special rule with Reg A+ that Elio cannot give us any actual updates for a year.
I'm sorry guys I was applying dynamic forces with a multitude of variables as compared to static one with no more than three. I see that vehicle statics is what we are using for Elio studies.
That's because I got one in my garage and drive it every day.
As for my quote that is not taken out of context, there are a number here that keep indicating that the E1C us close to production ready, since they follow Elio in a diligent way, they might know much more than you or I. All I was...
How does stability control work? You know that the Elio will have it (it's a Teves unit and most likely a MK10 system). Plus, the video of the Polaris was with the stability control turned off, thus you can see what happened. Since you are a vehicle dynamicist, then please explain it in a more...
I have been told that the E1C is close to production ready. So, looking at the engine compartment pictures, the washer bottle installed in it, is this $48 unit that they buy from Vibrant Performance.
http://www.vibrantperformance.com/catalog/index.php?cPath=1531_1249
The coolant expansion tank...
You bring up a good point. Many Universities in the US that run in FSAE have built, tested and validated more vehicles than Elio has done in their 9 years of business. They have even started their own series to compete against each other. It started as something simple but has expanded into...
Here's an article of someone at the unveiling of the E-Series (got to see the white one in person). From the article:
http://www.thetruthaboutcars.com/2016/07/elio-takes-big-step-towards-production-e-series-prototype/
Why would they make it private? I'd think that if it was much further along than what Elio last told us in August, they would like to release that info because it would mean, even more money coming in. The $500K fine is peanuts as compared to the $530M they need and even the $20M needed to to...
Exactly the opposite. The manufacturer needs to certify that they can build mass quantities of product at a low cost before they go into production. Remember, for the Elio business plan to work, they need to sell 250K per year not just build 65K for the reservation holder and wing it from there...
76 weeks from today is June 22, 2019. So, they need full financing by July 17, 2018 (27 weeks from today) to get production to start on December 31, 2019.
According to Elio Motors (the SEC report right before they did their IPO):
The following tests are planned for the 25 prototypes, with some vehicles to be used for multiple tests:
1) Underhood thermal & HVAC testing – 4 vehicles
2) Electrical – 12 vehicles
3) General inspection – all vehicles...
Why can't they say anything? Who is keeping them from speaking about anything? Pfizer is under a huge amount of lawsuits, NDA's and are a publicly traded company, yet they have a constant flow of news and updates. Why would Elio be any different? I'm wondering where the rules are different for...