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Discussion in 'General Elio Discussion' started by Johnny Acree, Apr 7, 2017.
Elio on Demand.
OK! I demand my Elio! Red
Should be on its way within weeks...
The Evolution of the Elio Fenders
March 15, 2019
The Elio Motors project is driven by four central tenets: ultra-high gas mileage, unbeatable base price, unparalleled safety, and an unwavering commitment to producing an American vehicle and creating American jobs. In terms of our mileage goals, our configuration acts as an excellent starting point. To achieve our desired gas mileage our engineers have scoured every inch of the vehicle looking for ways to enhance the Elio’s fuel economy.
Throughout the process, we have made slight enhancements to the vehicle to incrementally improve the efficiency of the vehicle. The fenders of the Elio are one example of improvements we have made throughout the process to maximize the vehicle’s overall mileage.Along the journey, the fenders have improved on each iteration of the vehicle to help us reach our goal of 84 MPG on the highway. For example, the P3 was equipped with fenders similar to those found on the Plymouth Prowler.
The P4 was the first prototype that showcased full-skirt fenders.
The current design of the fenders offers even better aerodynamics.
While the standard fenders are a meaningful factor in the vehicle’s overall mileage, it is also an area of the vehicle that is ripe for customization. We plan on offering several different fender options, including those found on previous prototypes.
Any fender available as an option will understandably have an effect on the vehicle’s fuel economy. The optional fenders are purely cosmetic and will have an impact on overall mileage.
Many future Elio owners have voiced an interest in purchasing several different fenders, presumably for different times of year. As we mentioned before, we do plan on offering several different fender styles. For future owners that plan on changing out their fenders on a regular basis, there will be no need to take your Elio into an Elio Motors retail center or to a mechanic. All it will take to change the fenders is a wrench to remove four bolts and the fenders will easily come off. Elio owners will have a multitude of different fenders to choose from and be able to easily change them.
The price may be unbeatable, but it is matched by every other manufacturer not building a vehicle! And I'll bet a few of them could beat it if they wanted to. It's easy to undercut competition when you aren't producing anything.
The Rising Costs of Transportation
March 22, 2019
Happy Friday Elio’ers! We hope that you’ve been able to at least feign a sense of productivity this week, as the NCAA tournament is officially underway. Even if you’re not the biggest hoops fan around, you have to admit that the tournament is a lot of fun, from the Cinderella stories to the infinite drama. We hope you enjoy a full weekend of basketball!
You may have noticed that the last few Friday blogs have been from the archives. In case you missed it, we are currently in funding mode, and as a publicly traded company we are a bit limited in what we can communicate about our funding endeavors. As soon as we can share on the subject, we will be happy to pass that information on to the market. In the meantime, we will keep you informed and occasionally include an informative blog from the archives. We came across an article this week that we found interesting and thought that our supporters might find interesting as well.
In the past, we’ve talked about how car prices are getting out of control- which is part of the reason we’re on this journey to produce the Elio. It should come as no surprise that car loan payments are at all-time highs. According to Business Insider, “In the fourth quarter of 2018, the average car loan in the US was $545 a month for new cars and $387 a month for used vehicles. The average interest rate was 6.3%, also a decade high, according to the auto watcher Edmunds.”
The reason for shockingly high payments? America’s continued obsession with trucks and SUVs. From the article, “Americans have been buying more and more big cars. In the early 2010s, as Bloomberg reported, sales of trucks and SUVs started to overtake those of small and medium-size cars. Experts now forecast that by 2022 under 35% of new-car sales will be passenger vehicles and more than 65% will be trucks and SUVs.”
It’s clear that there will always be a place for trucks and SUVs. Many compact cars can’t fit plywood for home improvements or tow the boat to the lake on weekends. This is where we see the Elio fitting in. At our low base price, it will be affordable to have an Elio and keep your SUV or truck. Not only that, but the gas savings will likely save you money in the long run, even though you have two vehicles in your garage. Win win? We think so.
As always thanks for your support and have a mad weekend!
One primary reason people are buying trucks and SUVs; THEY'RE AVAILABLE!
According to the rate of inflation and when Elio announced the targeted $7450 price, that new price will be $7680 today. Te Elio has gone up in targeted price just due to inflation.
I just can’t buy into to Elio’s current rhetoric...
“We are a bit limited”...
What in the heck does “a bit limited” mean...
I wish Paul would quit hiding behind some imaginary SEC gag order...
How many successful CEOs hide from their shareholders and perspective customers...