Elio moves to make $6,800, 84-mpg three-wheeler more real
Elio, which a few months ago made news when it agreed to buy an old General Motors plant in Shreveport, LA, has just announced 20 key suppliers – groups like IAV, Altair Engineering and Comau - for its upcoming three-wheeled vehicle. Elio is sticking with its previous estimate of starting production on the vehicle by next summer with the help of about 1,500 workers at the Louisiana factory. The company says the vehicle will have a $6,800 base price, get 84 miles per gallon, come with an eight-gallon gas tank and will be able to go from 0-60 miles per hour in less than 10 seconds. Pulled by the two front wheels, of course. Power will be supplied by a 1.0-liter, three-cylinder engine that delivers 70 horsepower.
Earlier this year, the company started taking $100 reservations on the car, which will come with a three-year, 36,000 mile warranty. Elio also said it expects the vehicle to receive five-star crash ratings.
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