Elio Motors Momentum v98
It can often seem that politics and common sense are two diametrically opposing forces. Even when common sense proves to be victorious, a rational legislative outcome can come at a snail’s pace. At Elio Motors, our vehicle and mission have proved to transcend political ideology. Whether your passion involves creating American jobs, reducing our national dependency on foreign oil, cutting carbon emissions, or providing affordable transportation to the masses, our vehicle is agreeable to any platform. We have seen our universal appeal in action, as our legislative efforts have shown that politics, common sense, and pace can work in harmony.
At a glance, our vehicle defies classification. Utilizing three wheels eliminates the possibility that we would be classified as an automobile. Yet, the Elio is equipped with fully automotive controls and the Elio Safety Management System, which differentiates our vehicle from traditional motorcycles. We have consistently posited that the Elio should be driven with a traditional driver’s license and without a helmet.
Today, we will provide an update on our recent legislative progress.
South Carolina: Bills H 3971 and S0444 have been introduced which include ‘autocycle’ into the definition. There is not currently an issue in South Carolina, however it is pleasing to see the state change the wording from “Three Wheel Motor Vehicle” to “Autocycle.”
Kentucky: The passing of House Bill 73 enters the term “autocycle” into the definition of the law and further clarifies the exemptions.
South Dakota: House Bill 1055 was passed, which allows operators of a three-wheeled vehicle with automotive controls to drive with a driver’s license.
Georgia: In House Bill 38, we used a technical fix to provide a motorcycle license exemption instead of introducing an autocycle definition. The Bill has cleared the House and has one more vote in the Senate.
West Virginia: Senate Bill 173 has cleared the Senate and has been assigned to the House Transportation Committee. We expect a vote out of committee with a floor vote to follow very soon. As you may know, West Virginia is the only state that would currently require a helmet in the Elio.
Arkansas: Senate Bill 365 puts autocycle into the definition and exempts autocycles from helmets for occupants under the age of 21, as well as motorcycle licenses. The measure just passed both the House and Senate and will be transmitted to the governor to be signed into law.
Montana: We have not passed legislation in Montana, but we have received assurances form the Drivers Services Deputy Director that the state does not require a motorcycle license for vehicles like the Elio.
New York: We have introduced A 202, which has not moved. The bill would put autocycle into the definition and provide motorcycle license exemptions. New York has been a difficult state, and we are working diligently to resolve the issue.
We have enjoyed a tremendous amount of legislative success to this point. From the outset, our goal has been to allow Elio owners to drive their vehicles with their regular driver’s license and without a helmet. We are very close to achieving our goals in all 50 states and are supremely confident there will be no issues by the time we start production.
*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.
It can often seem that politics and common sense are two diametrically opposing forces. Even when common sense proves to be victorious, a rational legislative outcome can come at a snail’s pace. At Elio Motors, our vehicle and mission have proved to transcend political ideology. Whether your passion involves creating American jobs, reducing our national dependency on foreign oil, cutting carbon emissions, or providing affordable transportation to the masses, our vehicle is agreeable to any platform. We have seen our universal appeal in action, as our legislative efforts have shown that politics, common sense, and pace can work in harmony.
At a glance, our vehicle defies classification. Utilizing three wheels eliminates the possibility that we would be classified as an automobile. Yet, the Elio is equipped with fully automotive controls and the Elio Safety Management System, which differentiates our vehicle from traditional motorcycles. We have consistently posited that the Elio should be driven with a traditional driver’s license and without a helmet.
Today, we will provide an update on our recent legislative progress.
South Carolina: Bills H 3971 and S0444 have been introduced which include ‘autocycle’ into the definition. There is not currently an issue in South Carolina, however it is pleasing to see the state change the wording from “Three Wheel Motor Vehicle” to “Autocycle.”
Kentucky: The passing of House Bill 73 enters the term “autocycle” into the definition of the law and further clarifies the exemptions.
South Dakota: House Bill 1055 was passed, which allows operators of a three-wheeled vehicle with automotive controls to drive with a driver’s license.
Georgia: In House Bill 38, we used a technical fix to provide a motorcycle license exemption instead of introducing an autocycle definition. The Bill has cleared the House and has one more vote in the Senate.
West Virginia: Senate Bill 173 has cleared the Senate and has been assigned to the House Transportation Committee. We expect a vote out of committee with a floor vote to follow very soon. As you may know, West Virginia is the only state that would currently require a helmet in the Elio.
Arkansas: Senate Bill 365 puts autocycle into the definition and exempts autocycles from helmets for occupants under the age of 21, as well as motorcycle licenses. The measure just passed both the House and Senate and will be transmitted to the governor to be signed into law.
Montana: We have not passed legislation in Montana, but we have received assurances form the Drivers Services Deputy Director that the state does not require a motorcycle license for vehicles like the Elio.
New York: We have introduced A 202, which has not moved. The bill would put autocycle into the definition and provide motorcycle license exemptions. New York has been a difficult state, and we are working diligently to resolve the issue.
We have enjoyed a tremendous amount of legislative success to this point. From the outset, our goal has been to allow Elio owners to drive their vehicles with their regular driver’s license and without a helmet. We are very close to achieving our goals in all 50 states and are supremely confident there will be no issues by the time we start production.
*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.
