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Old 12-30-2020, 10:12 PM   #2031 (permalink)
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Hi, I'm an ecomodding newbie but have lurked here for quite a while. Sorry for not reading the whole thread on this topic, but the thing I heard about Elio was that they had hoped to get the same government funding that Fisker got (but then Fisker was unable to stay in business), but whichever U.S. gov't department or agency this was, they never gave Elio the funding they were hoping for. And that was why the car never went into production, because they were counting on this government money (I assume it would have been at least tens of millions.) Sounds like a poor business model to me. Apologies if this has already been covered in the thread.

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Old 12-30-2020, 11:43 PM   #2032 (permalink)
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I'm not going back either, but, in addition, IIRC Elio insisted on developing a new gas engine just as the world was turning electric.
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Old 12-31-2020, 12:35 AM   #2033 (permalink)
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Originally Posted by BillyBob251 View Post
Hi, I'm an ecomodding newbie but have lurked here for quite a while. Sorry for not reading the whole thread on this topic, but the thing I heard about Elio was that they had hoped to get the same government funding that Fisker got (but then Fisker was unable to stay in business), but whichever U.S. gov't department or agency this was, they never gave Elio the funding they were hoping for. And that was why the car never went into production, because they were counting on this government money (I assume it would have been at least tens of millions.) Sounds like a poor business model to me. Apologies if this has already been covered in the thread.
Elio never got off the ground because they promised to sell cars for less than they would cost to build. Anyone with any manufacturing background looked at their business plan and just laughed.

They were promising to sell a low volume fully enclosed car for less than the cost of a basic utility vehicle.
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Old 12-31-2020, 08:37 PM   #2034 (permalink)
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... while designing a brand new engine from scratch when there are many perfectly good engines already available. Even companies that already have factories (and dealerships and customers, etc) don't design engines from scratch any more than they absolutely have to. And when they do, they don't do it for just one car.

The Elio was very popular here. That's why Paul Elio is not.
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Old 01-01-2021, 01:15 AM   #2035 (permalink)
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Originally Posted by freebeard View Post
IIRC Elio insisted on developing a new gas engine just as the world was turning electric
Even though it would seem easier to go electric, resorting to a gas engine is not really a problem. Claiming to be developing an engine from scratch while it was basically a copy of the Suzuki G10 turned out to not be a smart move.
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Old 01-02-2021, 10:56 PM   #2036 (permalink)
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Elio never got off the ground
That is what I thought too- until yesterday! An Elio, or an exact copy of that orange one- was going along the cliff road in the opposite direction

WHAT A NEW YEAR SHOCKER!
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Old 01-03-2021, 03:38 AM   #2037 (permalink)
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They made several prototypes.
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Old 01-03-2021, 08:52 AM   #2038 (permalink)
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Yes, I posted about that orange Elio in the wild further up the thread...

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None of you had faith, but I KNEW they would really make the Elio!

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Old 01-04-2021, 12:37 AM   #2039 (permalink)
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LOL! Thanks for the laugh! Looks like a little more headroom... and the sidepipes would have made Elio sea fast instead of flop!
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Old 01-28-2021, 10:03 PM   #2040 (permalink)
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Here's a link to my source about the gov't loans Elio was hoping to get, but which were put on hold when Fisker didn't make it. Apparently it is called an ATVM loan? Anyway in case anyone wants to check it out, and apologies if this was already covered on here since the article itself is ca. 2014.

https://www.thetruthaboutcars.com/20...rgy-atvm-loan/

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