UCF'73
Elio Addict
Once the P5 and pre-production models are built, I hope they'll have time to produce an informative video on CD about the project and the car. These assorted short video clips aren't too useful and also eat my precious bandwidth limits. A good video could be used by media outlets as footage for their news coverage. A CD can also be copied and sent to friends.I have seen first year estimates ranging up to about 68K however have never seen an officially announced final number. Considering the access this writer was granted, and the research he apparently put into this article, 60K could very well be the current first year production estimate however we have no way of verifying this until EM confirms a number.
I believe 60K reservations is realistically reachable considering how many people have signed up just over the last few weeks even though we are so far out from production. Once we start seeing some progress on the E series pre-production vehicle development program and eventually hear about production funding I believe the reservations numbers will rise quickly. I expect both the mainstream media and the auto media to really start taking Elio Motors much more seriously and provide a lot more coverage once those milestones are reached.
I expect Elio Motors will do as they have said they will and will cut off first year reservations at a certain point like 60K. I do not believe this will be the end of the reservation system as I believe at that point the will begin accepting second year reservations however I can see where they may discontinue refundable reservations and solely take non-refundable reservations for the second production year. I just can't see EM turning away customers with cash in hand as it benefits EM to sell as many vehicles as possible without the added expenses of a retail channel and added marketing costs.