TCBronson
Elio Addict
I know, Good and bad news.
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You can register using your Google, Facebook, or Twitter account, just click here.That is how I read the news too.pre production? does that mean they will build 100 fleet cars before in line #001 is built?
I dont understand 2016 2017?
It puts 100 Elio's on the streets by the end of the year, looks like production, looks like sales, and looks like Elio Motors is feeling pretty positive to rack up the cost to get the lines running.And will reservation holders want to own a pre-production vehicle? On one hand it would be pretty cool, on the other, mods made as a result of testing would not be built in to the design, so it is more of an experimental vehicle at that stage.
That all said, this would be the single biggest advertising push to date, and I would suspect alot of increased interest and reservations.
We knew this was coming production wise, probably, since last August with the SEC filing. It is extremely expensive to do this limited run, I think they are doing it for the reasons they describe in their press release, as well as I think it's also likely they are taking this step close a deal either for VC or DOE's ATVM loan where they've been told they need to be in production and have sales. We will see.
It puts 100 Elio's on the streets by the end of the year, looks like production, looks like sales, and looks like Elio Motors is feeling pretty positive to rack up the cost to get the lines running.