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It looks like Elio now has a shot at securing the Shreveport plant. April 30th was the deadline for an un-named company to buy the plant, but they backed out of the deal. I for one am extremely confused, as I was under the impression Elio had secured the plant.
This is semi-good news, because it means Elio's plan can move forward with a potential manufacturing plant. But it also reveals how flawed Elio's production timeline is. We are in month 5 of 2014, and Elio has not done anything inside their potential home. It's safe to say Elio will not be producing cars in the beginning of 2015 as they have claimed.
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