100 Preproduction Elio's To Be Built In December!!

[TCBronson]

I was wondering if Roush would send folks to Shreveport or will the 100 fleet units be built at Roush's facility, where ever that is?

 

[John Painter]

I was wondering if Roush would send folks to Shreveport or will the 100 fleet units be built at Roush's facility, where ever that is?

I think the real question is whether EM will start hiring locals, if they do that, well it's really gonna happen.

 

[Jambe]

The first 100... that will take what, 2 hours?

 

[floydv]

I think the real question is whether EM will start hiring locals, if they do that, well it's really gonna happen.

Great point. Strategically they should, if only to show good faith effort towards meeting their commitment to Shrevepoint and build good will locally.

 

[NSTG8R]

Well G8R, I'm (begrudgingly) willing to let a certain someone play with the suspension for a few months especially if it might result in a handling option.

Absolutely! I was half kidding about being upset about the delay...half.

 

[slinches]

With this news combined with the Roush partner announcement, I'm really curious now who the "one or more" fleet customers are.

 

[IdahoDuffer]

This anouncement really makes me consider opening a small parcel delivery company. I would have to call it ED'S of course.........Elio Delivery Service!

 

[larryboy]

The first 100... that will take what, 2 hours?

I suppose that the line workers will switch jobs so that the guy who drops the engine in will also know how to bolt on the hood and the door. If the line stops 10 times and people are shuffled around it might take all day to get 100 built. I would imagine that the fleet buyers would include the city of Shreveport and perhaps some others in the immediate area. At least some of the first 100 would be at work the next day. The line workers have to be kept busy while the first 100 are worked and evaluated so I doubt the production of the 50,000+ Elios that are on order will be held up for long.

 

[TCBronson]

This anouncement really makes me consider opening a small parcel delivery company. I would have to call it ED'S of course.........Elio Delivery Service!

Or start a pizza delivery service................can't think of a clever name, sorry.

 

[Maurtis]

What makes you think the building of 25 engineering vehicles has stopped? That is happening. Roush's role is to fine tune the mass produced production vehicle. I doubt the money Elio Motors raises from fleet sales of 100 vehicles will help their bottom line.

"We now intend to sell the first 100 pre-production vehicles built to one or more fleet customers, rather than use them for internal purposes as previously disclosed in our offering statement filed with the Securities and Exchange Commission"

It was the "rather than use them for internal purposes..." part that made me think they were no longer going to make the 25 E-series. Unless in the SEC filing they mentioned using the 25 E-series AND the first 100 production units for internal testing, which I do not recall hearing mention of.

If they are still making the 25 E-series then the part about differing from what was disclosed in the SEC filing seems like it did not need to be mentioned.

I am hoping I read that wrong, but that is how it seemed to me.