Lots of internet chatter on this. A few quick searches show they expect to hire 1400 non-union workers this month (April 2013) and they have purchased an old GM manufacturing facility in LA. Looking at the front suspension, it's not a Can-Am based vehicle, but a few of their interview comments say things like "world wide renowned motorcycle engine builder", "parts and equipment made in America" and "100% proven technology". That begs the questions, WHOSE parts are they using.
Edit to add:
Source:
http://www.empowernetwork.com/ed_richards/blog/elio-motors-the-next-big-thing-in-transportation/
Designed with front-wheel drive and a “tadpole” body design, the Elio is built on the premise of a low purchase price and high miles per gallon, according to its architect and company founder, Paul Elio. We will power the vehicle with an inline 3 cylinder, 1 liter, 70 HP, fuel injected, DOHC gas powered, liquid cooled automotive engine. The transmission will be either a 5-speed manual or automatic. The top speed is in excess of 100 MPH, and the 0-60 speed is under 9.6 seconds. The engine is in the front and it is a front wheel drive vehicle.
We will have 3 wheel disc brakes with ABS on 15″ wheels. The suspension is independent, unequal length control arms, coil over spring and shock in the front and Mono shock with coil over spring and shock in the rear. The ground clearance is 5.75″.
The body panels are made of composite which will be attached to a stiff body which will lead to a quiet cockpit experience.
The trunk space will be at least 27″ x 14″ x 10″, enough for a airline carry on bag, and will be able to accommodate a golf bag with the rear seat down (47″+).
Heater, defrost, A/C, AM/FM radio, three airbags, seat belts, tempered glass, windshield wiper, are all standard equipment.
And some dose of reality in a comment:
I have been in the industry as a Finance Manager residing over program costs, and I don't see any way they can build a vehicle at that price, with those attributes and that warranty. At his price, he will run at a loss and will compromise quality to try and reduce his lose. At best they can price at $20k once they get production running steady with a reasonable footprint, but that will take a few years. I wish him the best of luck,
Maybe some poking around can yield engine/drivetrain/front-end manufacturers? The company's site won't spill the beans.
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