A day-long workshop on dealership laws in America shows that the FTC is listening to different voices on the issue. But what is it hearing?
Controversial, helpful and finally put on hiatus, the Advanced Technology Vehicles Manufacturing (ATVM) loan program from the Department of Energy (DOE) has had a tremendous impact on the current flock of plug-in vehicles. Before being paused in 2011, the ATVM handed out money to Ford ($5.9 billion), Nissan ($1.6 billion) Fisker Automotive ($528.7 million), and Tesla Motors ($465 million). That took care of around $8.3 billion of the Bush-era program's original budget of $25 billion, leaving aro
Elio Motors continues to move forward on building a high-efficiency three-wheeled vehicle for the masses. For proof, take a look at a new local news clip of the inside of an old General Motors factory in Shreveport, LA. This is where Elio is going to build the lightweight, 84-mile-per-gallon vehicle, and it has started opening the doors to the media.
Elio Motors is taking its green-is-good mentality to its factory equipment. The company, which is planning to make super-light three-wheeled vehicles that get 84 miles per gallon, will finally start making trikes next year. The plan is to sell off extra equipment from an old General Motors factory to do so.
What does the three-wheeled, super-efficient Elio have in common with a gas-guzzling Hummer? Both use a standard internal combustion engine in favor of a hybrid or electric setup, and the Elio will be built in the same Louisiana factory that once hummed to the tune of H3 production. The similarities end there.
If you think the fact that Elio Motors has taken 15,000 reservations for its high-MPG three-wheeler is something to scoff at, well, consider the fact that Honda sold less than 21,000 of its hybrids, plug-in hybrids and electric vehicles combined last year. But, if you think that the company's claim that the trike is cleaner than a year's worth of farts from a cow? Well, go ahead and scoff.