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Momentum V87 - Detroit Is The Place To Be

Discussion in 'In The News' started by Coss, Jan 4, 2017.

  1. Coss

    Coss Moderator Staff Member Moderator

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    Yes, we are talking about Detroit, Michigan... the place to be!

    Elio Motors Momentum v87
    ago.eliomotors.com_hs_fs_hubfs_ELIO_06380_Momentum_P5_V21.jpg_7c409f32e963b448addd9c1eaec850f4.jpg

    ago.eliomotors.com_hs_fs_hubfs_Paul_Elio_Standing_Behind_Elio_2a3dfd11f83817e0e99e38b7f32544c0.jpg


    Detroit is the Place to be!

    It’s cool to go to Detroit.That is right, Detroit is cool!

    At least that’s what the New York Times thinks. And, we agree.

    The Times recently named Detroit as #9 on a list of 52 places to visit (http://www.nytimes.com/interactive/2017/travel/places-to-visit.html?_r=1 ). Well, the team at Elio Motors must be trendsetters, because we will be in Detroit next week.

    The who’s who of the global auto industry will descend on the Motor City for the 2017 North American International Auto Show, and once again, Elio Motors will be right in the middle. On the heels of our successful news conference at the Los Angeles Auto Show in November (https://www.eliomotors.com/la-auto-show-2016-elio-motors-tour/), we are looking forward to introducing the E1c engineering vehicle to hundreds of thousands of auto fans at Cobo Center during the show’s public days.

    We’re confident they’ll like what they see. Detroit is a tough town that appreciates a fighting spirit. The city’s tough times are well documented, but it is enjoying a re-birth thanks to the grit and determination of its people. Elio Motors knows a lot of these folks well. Many of our world-class suppliers are in metro-Detroit and they’ve been instrumental in the progress we’ve made and are a key element of our hope for the future.

    Determination. Grit. Hope. They are not just buzzwords. They are part of our very DNA here at Elio Motors – and part of what makes us such a great fit for Detroit and the auto show. Starting a vehicle company from scratch? It’s a battle that most people would shrink away from. But, much like the scrappy folks that are charting a bright future for the Motor City, we keep fighting each and every day.

    That fight has helped us raise more than $100 million in our history. It’s helped us develop a low-cost, highly fuel-efficient vehicle with uncompromised safety that will be built in the USA. That fight will help us make history.

    We aren’t quite at our final destination yet, but the fight burns deep in our belly. We continue to pursue funding strategies that will get us to production and we expect 2017 to be another year of exciting progress.

    So, if you like cool places, comeback stories and fighters, take the New York Times advice. Come to Detroit. Come to the auto show. We’ll be there and look forward to seeing you!

    ago.eliomotors.com_hs_fs_hubfs_ELIO_CTA_BUTTON_RES.jpeg_a7c3416a66a40a00cb5ba61361fa2756.jpeg

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    *MSRP for non-refundable reservations only and applies only until non-refundable and refundable reservations total 65,000. Total current reservations can be seen at: eliomotors.com. 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.

    Page 1 of 1 Yup, short one this week
     
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  2. booboo

    booboo Elio Addict

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    Last edited: Jan 4, 2017
  3. imageon

    imageon Elio Addict

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    I sometimes worry that the Elio is seen by other auto makers as a threat. its different appearance, great gas milage and what they might conceive as a ridiculously low price in the world of 30-200,000 thousand dollar cars, might be seen as intimidation by some in the searioulsly profit driven world of big time auto sales. Dot know.!? What do you think?
    MK
     
  4. Coss

    Coss Moderator Staff Member Moderator

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    EM is not even a blip on the Big Three's radar, EM is not a threat to them in any way. The Big three see EM as just a hobby car, and they won't do anything to undercut the big companies. Why don't the big three build a car like the Elio? It doesn't fir their business model, there's just not enough margin to be as profitable as any of their other products. They sell cars at the $K20 to $30,000 because they've discovered the market will bear it. The buyers don't look at $20K to $30K that look at "what's my monthly payment going to be?"
    So I disagree, EM is no threat to them at all.
     
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  5. booboo

    booboo Elio Addict

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    Seems Detroit really isn't all that cool this year.
    " The word from many of them is that they’re saving new launches for the glitzier New York, Geneva, and Los Angeles shows later in the year. The industry has also shifted announcements about electric engineering and tech wizardry to the Consumer Electronics Show in Las Vegas."
    https://www.bloomberg.com/news/arti...t-auto-show-preview-big-debuts-for-naias-2017
     
  6. Johnny Acree

    Johnny Acree Elio Addict

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    Still no up date from EM.
     
  7. booboo

    booboo Elio Addict

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    Been checking the web for anything. Can't even find an honorable mention yet.
    http://www.reuters.com/news/picture/detroit-auto-show?articleId=USRTX2Y45Y

    Maybe ELIO is trying the fashionably late idea this time ?
    1. Fashionably Late- deliberately arriving after an event has started, especially in order to prove one's social status.

    "Jan 14, 2017 - Jan 22, 2017 Detroit, MI - North American International Autoshow - Cobo Center - Details to follow"
     
    Last edited: Jan 9, 2017
  8. Ray O

    Ray O Elio Aficionado

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    Hope to see some of you in Detroit I want to see the Elio
     
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  9. booboo

    booboo Elio Addict

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    Pictures and any information is always appreciated here. Have Fun.
     
  10. Coss

    Coss Moderator Staff Member Moderator

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    I would not want to be a member of the tour group; you can imagine the kinds of questions they are going to have bombarding them.
     

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