$28 million in deposits. 8 years. In 2013, Paul Elio shared the prototype for an ultra-cheap, gas-powered car that he claimed would revolutionize transportation. The car's promise would then ...

Read more at CNBC. Elio Motors has explained why it decided to use a new engine design for its 84-mpg three-wheeled car. Elio decided that the three-cylinder engine borrowed from the Geo Metro ...

Troubled three-wheel car startup Elio Motors is getting a $2.5 million lifeline from online retailer Overstock.com to help it pay off debts and accounts payable and fund capital expenditures.

DAYTONA BEACH, FLORIDA – FEBRUARY 15: Helio Castroneves, driver of the #91 Wendy’s Chevrolet drives through the garage area ...

Elio Motors is a new player in the automotive industry with a focus on fuel economy. Their plan is to sell 100 pre-production cars, all of which will be built during the fourth quarter of 2016.

But Elio leaned towards cars, after proving that he was also a good tennis player and an excellent skier. At the age of 14 he started competing in karting and shared the track with another boy who ...

Helio Castroneves, who won the Indy 500 in 2001, 2002, 2009 and 2021, will cross over to NASCAR Cup racing Sunday in the 2024 Daytona 500 ...