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Friday Blog Is Out

Discussion in 'General Elio Discussion' started by Johnny Acree, Apr 7, 2017.

  1. RSchneider

    RSchneider Elio Addict

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    he has old pics of where the driving range was. It cuts across part of his backyard and that's there the golf ball graveyard is at. He calls the ones that show up, zombie golf balls.
     
  2. Ty

    Ty Elio Addict

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    LOL... Good name. The best place to be is in the slice area off either the 1st or 10th hole. That's the most likely place to be where you'll find good, fresh, high quality balls. Further along, you get the "Crap, any ball will do with my lousy play today" balls.
     
  3. Johnny Acree

    Johnny Acree Elio Addict

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    original date April 12, 2017

    Simple, Yet Important
    June 7, 2019

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    Bringing a revolutionary new vehicle to market can be likened to running a marathon. Both are arduous, long, and ultimately worthwhile endeavors. When running a marathon, the first and last miles may be the most exciting, but every single stride is of equal importance. Crossing the finish line is the culmination of every step and stride along the way. At Elio Motors, it has been our goal to include our supporters along the journey and show them each step and stride we take as we endeavor toward the finish line. Some steps require more unique solutions to challenges, like the engineering of the Elio’s wiper system.

    Our unique configuration presents a unique set of challenges. One is the size and shape of the windshield. As the driver is the sole occupant in the front of the vehicle, the windshield is obviously narrower than a traditional vehicle.

    In a traditional vehicle, the windshield’s width and height ratio allow for two wipers (or sometimes one large wiper) to work in unison to effectively clear the windshield of precipitation or debris. The Elio, with our front-to-back seating, has a unique windshield that is roughly half the size of a similarly sized car. The approximate measurements of the windshield are 33.25-inch wide at the base and 25.5-inches at the top and 29.75 inches overall height. With this reduction in size, the Elio could not use a traditional two wiper set-up and the challenge was set out for the Engineering team to solve this unique situation.

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    While having one single wiper can be a challenge, our engineers came up with an articulating system by using a linkage to lift the blade higher in the opposing corner to the pivot point of the wiper blade assembly. A four-bar linkage assembly is the key to providing sufficient coverage with our unique width to height ratio.

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    Valeo, a well-known name in the automotive industry, is our wiper system supplier. The wiper system has 5 speeds, similar to most vehicles on the road. The wiper blade is approximately 17 inches in length while the wiper arm assembly is approximately 30.5 inches. Additionally, the wiper system has three mounting locations to the vehicle with rubber isolators to eliminate vibration. The total system, which includes the wiper motor assembly, wiper arm assembly, and reservoir weighs only 3.58 lbs. Keeping the Elio lightweight is a pivotal factor in achieving superior fuel economy (hence the change from a single gallon replacement to a half-gallon reservoir) and our engineers are constantly looking for ways to reduce weight without sacrificing quality.

    Having completed the engineering of the wiper system allowed us to plan its sequence in the assembly line. The wiper motor assembly and electric components will be part of the “Trim” section completed in Operation 12, the wiper blade assembly will be installed in Operation 13, and the washer bottle will be connected to the nozzle in Operation 14. This saves us time and resources in advance of production.

    Each day, we make strides toward our ultimate goal. Producing a game-changing vehicle is a marathon and each and every step is vital to crossing the finish line.
     
  4. Watashiwah

    Watashiwah Elio Addict

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  5. Elio Amazed

    Elio Amazed Elio Addict

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  6. Johnny Acree

    Johnny Acree Elio Addict

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    Original date May 9-2018

    Can You Appreciate Depreciation?
    June 14, 2019

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    It can sometimes be difficult to know with absolute certainty that your new purchase is a good deal. For example, a cheap product can offer immediate savings, only to prove costly down the road. The total savings equation is more complex than the initial price: it includes the cost of operation, depreciation, resale value, etc. Today’s Momentum will look at the true proposition value of the Elio.

    The Elio’s affordability starts with our ultra-low base price. At a targeted base price of only $7,450* for new reservation holders, our base price is a fraction of the average new car. We will be offering several different financing options to keep monthly payments low for Elio owners. Additionally, as gas prices continue to climb, our impressive gas mileage will accumulate significant savings for Elio Motors drivers at the gas pump.

    Further bolstering the Elio’s value proposition is the cost to insure and operating costs. As we are a three-wheeled vehicle, the Elio will likely be insured as a motorcycle. It costs significantly less to insure a motorcycle than an automobile. Additionally, the Elio should be affordable to insure based on our safety package, cost to entirely replace, and the cost of replacement parts. In terms of operating costs versus a used vehicle, the Elio comes standard with a 3-year, 36,000-mile bumper-to-bumper warranty.

    One of the often-overlooked aspects of the Elio value proposition is the matter of depreciation. It’s widely acknowledged that the moment a new vehicle leaves a dealer’s lot and hits the open road, the value of the vehicle drops significantly. By at least one estimate, as soon as the vehicle leaves the lot, the vehicle has lost 10% of its value. In its first year, that same vehicle will lose as much as 20% of its value.

    According to Kelly Blue Book, the average price of a light vehicle reached $36,270 in January 2018. Based on Carfax’s depreciation rates (which posits that the average new vehicle loses 10% of value after leaving the lot, 20% in the first year, and 60% after five years), let’s look at the lost value of the average new vehicle and the Elio.


    Elio Average New Vehicle
    Before ownership $7,450 $36,270
    After leaving dealer lot $6,705 $32,643
    After one year $5,960 $29,016
    After five years $2,980 $14,508


    Here’s a look at the total depreciation by vehicle, by time:


    Elio Average New Vehicle Elio Advantage
    Before ownership 0 0 Even
    After leaving dealer lot $745 $3,627 $2,882
    After one year $1,490 $7,254 $5,764
    After five years $4,470 $21,762 $17,292


    As you can see, the average new vehicle loses approximately $7,200 in only one year. Essentially, the depreciation of an average vehicle can almost pay for a brand-new Elio in full.

    Affordability is one of the main tenets of the Elio Motors project. To offer a vehicle with a true value proposition we keep the base price and operating costs low, gas mileage high, and a favorable depreciation rate.
     
  7. Ty

    Ty Elio Addict

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    sigh...
     
    BaldGuy and ehwatt like this.

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