Elio Motors

Elio Motors was a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. Elio collected deposits from customers of more than US$28 million during 2013–2018, then went silent for three years before filing with the Securities and Exchange Commission in September 2021 that there was "substantial doubt about its ability to stay afloat." Since 2009 concept, the company illustrated and repeatedly delayed a release date for its original gasoline-powered vehicle, and pivoted to an electric-powered concept in 2021.

Source: Wikipedia — Elio Motors (CC BY-SA 4.0)

Elio Motors

Elio Motors was a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. Elio collected deposits from customers of more than US$28 million during 2013–2018, then went silent for three years before filing with the Securities and Exchange Commission in September 2021 that there was "substantial doubt about its ability to stay afloat." Since 2009 concept, the company illustrated and repeatedly delayed a release date for its original gasoline-powered vehicle, and pivoted to an electric-powered concept in 2021.

Source: Wikipedia "Elio Motors" · CC BY-SA 4.0

Share this article: X · Bluesky
Privacy Policy