Momentum V147

[Coss]

Elio Motors Momentum v147

This week, we take a look at a host of industry trends including the future of robotics, as well as improvements from which we can all benefit.






*MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation.

Certain statements in this email including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this email. Elio Motors assumes no obligation to update the information in this email.

Elio Motors 2942 North 24th Street Suite 114-700 Phoenix, AZ 85016 US

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[Coss]

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This Week In Industry Trends
by The Elio Team

March 21, 2018




The Human Touch

There has been a long-held belief that many jobs will become obsolete and workers unemployed due to the advent of robotics. According to Gizmodo, “Each additional robot in the US economy reduces employment by 5.6 workers, and every robot that is added to the workforce per 1,000 human workers causes wages to drop by as much as 0.25 to 0.5 percent.”

There is hope and evidence, however, that the human touch is still required in the automotive industry. Automotive News has found that automakers that have attempted to largely remove humans from the assembly line are floundering, while those that continue to employ human beings are enjoying enduring success. One reason human workers are superior, according to the article, is their intelligence and dexterity. For example, an experienced employee can use both hands to place bolts in difficult areas, and through their expertise improvise if need be. While robots on the assembly line may be the future, American workers don’t plan on going anywhere.



While Elio Motors will be using robots in our plant, just like every other automaker, we are committed to creating American jobs and will be utilizing the experienced workforce in Shreveport to produce the best possible vehicle.

Safe as Steel

According to a recent Wired article, vehicles are infinitely safer today than they were just 20 years ago. When considering the reasons for increased safety, Popular Mechanics believes it all starts with steel. “Considering all of the rapid developments we’ve seen with electronic safety systems in recent years, it’s perhaps counterintuitive that some of the biggest safety improvements in the past decade have come from good old-fashioned steel.” Contrary to popular opinion, utilizing steel can actually make a vehicle lighter while making it safer. For the Elio, we will be using a steel frame, which cuts down on weight while also making our vehicle safer.

Getting Better All the Time

Speaking of recent improvements, it was not long ago that a new vehicle’s reliability involved a degree of uncertainty. That trend has been largely reversed and new vehicles are now more reliable than ever before. Per NBC News “The quality of the typical new vehicle being sold in the U.S. this year is better than ever, according to a new study by J.D. Power and Associates, with improvements coming at a near-record pace.” Today’s new vehicles are much more affordable to maintain than the new vehicles of past generations.

Forward-Looking Statements
Certain statements within this website including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this website. Elio Motors assumes no obligation to update the information within this website.


© 2018 Elio Motors Inc. All rights reserved. No portion of this site may be reproduced or duplicated without the express permission of Elio Motors Inc.

The Elio Team | March 21, 2018 at 6:42 pm

 

[booboo]

If you want to read the article, have to click "No Thanks" on the pop up.
https://www.mauldineconomics.com/frontlinethoughts/the-great-jobs-collision
ありがと

Almost forgot another old time favorite. Oh another one?

 

[Made in USA]

It might come as a shock to Elio when they start up production, that they may not find all the "experienced" workers they need. Most people with skills have already found jobs after GM left and there is a shortage that is only getting worse as the aging workforce retires.
They will probably have to pay higher wages than normal to attract the ones they need. Another consideration is when they say ".... new vehicles are now more reliable than ever before." That does not mean that the Elio will be as reliable as all the others. Big makers rigorously test their vehicles before selling to the public and work the bugs out. Elio will be under pressure to produce as quickly as they can. There may be problems, but minor I hope.

 

[RSchneider]

At least there's robot insurance:
http://www.ebaumsworld.com/videos/old-glory-insurance/81303587/

 

[4matic]

WOW... it’s become rather painful to read these momentum blogs from Elio...they seem to ramble on without providing a shred of new or original content...

Momentum V147 regurgitates facts that are loosely quoted from five outside sources...

I guess it’s not blatant plagiarism if they name the sources...but a bit reminiscent of a high school term paper...

Something has to give in the near future...Paul can’t hide forever...

 

[RSchneider]

Elio needs to go further with this steel thing. A few other future blog suggestions:
1. Steel wheels to make your Elio safe on the road - http://www.sswlindia.com
2. Steel and rubber mixed together to make your Elio safer - http://www.continentaltire.com/content/how-build-radial-tire
3. Steel ball bearings to make your Elio safer - http://www.cwbearing.com/

 

[W. WIllie]

Without the blogs we would have NO information. I like the blogs as it kind of explains the whole process of starting a vehicle manufacturing, and most of the complexity of doing that.

 

[RSchneider]

Without the blogs we would have NO information. I like the blogs as it kind of explains the whole process of starting a vehicle manufacturing, and most of the complexity of doing that.

The blogs are giving us no information on the process of vehicle manufacturing and the complexity of doing it. They are an op ed column that tells us the trends of what we already know and recycling old blogs. Over a year ago they were full of info but for the last year it's just been a way to post something on a website to say, "Someone is still here." There are tons of things they could cover yet they never do. This is not proprietary info either. From what I can see, no money equals just rehashing old info and telling you where the industry is going (which you can already find on multiple web sites).

A few things they could cover:
1. ABS, Stability and TC. Elio has done this and they could explain and maybe post a video of the Elio with and without it.
2. The transmission. There's lots of info there.
3. Suspension. They could go on for a month about that.
4. Logistics to get the parts from the suppliers to the plant
5. Quality control procedures
6. Rework procedures
7. Durability testing
8. Extreme heat and cold conditions
9. Brakes
10. Designing the plastic components in the engine compartment.

I know that they have glossed over these subjects but just dip into them a bit more can get you (the Elio Owner) a better idea of what you will buy. Currently it's just generic subjects that apply to pretty much to most cars on the road today.

 

[Rob Croson]

Yeah, they have covered a lot of that a little bit. Some more than others. I'm up for reading almost anything about how cars are manufactured.