$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 ...
The 67th Daytona 500 will have a 41st driver as four-time Indy 500 winner Helio Castroneves will use a controversial new ...
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 ...