Production for Elio 3-wheeler slides to 2018; is time running out?

Elio E1A test vehicle, June 2016

Elio Motors continues to drag its feet regarding the start of production for its three-wheeled, two-seat, “84-mpg” vehicle, but it may now be running out of time. The company previously said it had received 55,000 reservations for the car, representing potential sales of $300 million. Last year, it raised $17 million through small-investor… …read more