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P5 Spotted In Manhattan...

BiloxiGeek

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Over on the TivoCommunity.com forums someone posted this pic. The P5 in Manhattan this morning. I'm guessing with Elio submitting paperwork to get listed on the NY Stock Exchange they brought it out to show it off.

P5-Manhattan-Siting.jpg
 

Ekh

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The SEC filing is full of interesting stuff, and some actual news. Here's one thing that's new: the target curb weight of the car has been changed to 1350 pounds, up from the 1200 of olden days. This late in the game, that's probably just about what it will weigh.

And there's more:
Based on the current prototype and sources for components, the retail price is approximately $7,600, but we are working to reduce that amount
Again, not exactly news, but this is likely to be the "real world" worst case. No little $400 surprises likely.

What the space frame is doing for the car:

The Elio space frame / body panel design architecture has been morphed into a traditional unibody design in the latest iteration. The benefits of doing so have been the elimination of MIG welding in the plant, improved fit & finish and quality and better crash safety performance. Off gasses produced during MIG welding are considered bad from an environmental and occupational safety perspective. This change will keep the plant on the path of being green and safe for our operators assembling the vehicle. With the new design we can hold tolerances better and improve the design for gaps and fit conditions. In addition, with one of the recent runs, we have shown improvement to the simulated crash performance. Finally, the unibody architecture has resulted in lowering the weight and costs and will improve Elio Motors' ability to produce at a faster pace which in turn improves uptime at the plant.​

Variable lift valves are here to stay. We can eliminate that thread!

To achieve theElio’sfuelefficiency and power requirements, this version will include existing technologies found in production automobiles today: variable valve lift and exhaust gas recirculation.
They have a 47 week plan to launch the car. Do the math, and don't hold your breath for a springtime 2017 delivery:

Production Plan. Gino Raffin, our Vice President of Manufacturing and Product Launches, and Doug Frick, our Plant Manager of Shreveport operations, have developed the production plan and facility layout. The facility layout has been developed to utilize the existing infrastructure and flexible design of the buildings at the Shreveport facility. A detailed 47-week launch plan has been developed, which includes 25 weeks of pre-production activities, 10 weeks of manufacturing validation and training, and 12 weeks9 of increased production to reach optimal production output. Incorporated into the launch is the plan that the first 100 vehicles produced will be sold to a fleet customer to provide feedback.
And now the bad news:
Management is committed to making this vehicle available to the public as soon as possible. However, we have encountered delays resulting in a slip of approximately two and a half years to the production schedule. Approximately nine months of the delay was attributable to the refinement of project scope as new technical information became available. We note that notwithstanding the sophisticated simulations that have been run to date, it is possible that vehicle testing in the next twelve months may uncover technical issues that may introduce a further program delay.​
 
Last edited:

Marshall

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The SEC filing is full of interesting stuff, and some actual news. Here's one thing that's new: the target curb weight of the car has been changed to 1350 pounds, up from the 1200 of olden days. This late in the game, that's probably just about what it will weigh.

And there's more:
Based on the current prototype and sources for components, the retail price is approximately $7,600, but we are working to reduce that amount
Again, not exactly news, but this is likely to be the "real world" worst case. No little $400 surprises likely.

What the space frame is doing for the car:

The Elio space frame / body panel design architecture has been morphed into a traditional unibody design in the latest iteration. The benefits of doing so have been the elimination of MIG welding in the plant, improved fit & finish and quality and better crash safety performance. Off gasses produced during MIG welding are considered bad from an environmental and occupational safety perspective. This change will keep the plant on the path of being green and safe for our operators assembling the vehicle. With the new design we can hold tolerances better and improve the design for gaps and fit conditions. In addition, with one of the recent runs, we have shown improvement to the simulated crash performance. Finally, the unibody architecture has resulted in lowering the weight and costs and will improve Elio Motors' ability to produce at a faster pace which in turn improves uptime at the plant.​

Variable lift valves are here to stay. We can eliminate that thread!

To achieve theElio’sfuelefficiency and power requirements, this version will include existing technologies found in production automobiles today: variable valve lift and exhaust gas recirculation.
They have a 47 week plan to launch the car. Do the math, and don't hold your breath for a springtime 2017 delivery:

Production Plan. Gino Raffin, our Vice President of Manufacturing and Product Launches, and Doug Frick, our Plant Manager of Shreveport operations, have developed the production plan and facility layout. The facility layout has been developed to utilize the existing infrastructure and flexible design of the buildings at the Shreveport facility. A detailed 47-week launch plan has been developed, which includes 25 weeks of pre-production activities, 10 weeks of manufacturing validation and training, and 12 weeks9 of increased production to reach optimal production output. Incorporated into the launch is the plan that the first 100 vehicles produced will be sold to a fleet customer to provide feedback.
And now the bad news:
Management is committed to making this vehicle available to the public as soon as possible. However, we have encountered delays resulting in a slip of approximately two and a half years to the production schedule. Approximately nine months of the delay was attributable to the refinement of project scope as new technical information became available. We note that notwithstanding the sophisticated simulations that have been run to date, it is possible that vehicle testing in the next twelve months may uncover technical issues that may introduce a further program delay.​
That bad news is simply another way to say that nothing is set in stone or promised. It's sort of like the forward looking statements. It's for the lawyers to prevent frivolous lawsuits based on target dates which might need to be adjusted.
 

electroken

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And now the bad news:
Management is committed to making this vehicle available to the public as soon as possible. However, we have encountered delays resulting in a slip of approximately two and a half years to the production schedule. Approximately nine months of the delay was attributable to the refinement of project scope as new technical information became available. We note that notwithstanding the sophisticated simulations that have been run to date, it is possible that vehicle testing in the next twelve months may uncover technical issues that may introduce a further program delay.​

Not really bad news. We witnessed the existing delay, and throwing out the possibility of another is standard CYA.
 
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