RSchneider
Elio Addict
There is a market but it depends on what the volume is. So, these companies that are making three wheelers realize that if they need to get the funding, they need to have a catch:There is only about 1000 FUVs on the street since the 2019 production start. Zero progress on the 2022 announcement of building the 1.x production scale prototype with the required mechanical refinements. The current platform has far too many reliability issues. Crap show management, sales, and service business model. Close it down and move on. It seems that if there was a market for a fully enclosed production 3 wheeler motorcycle, motorcycle manufacturers would‘ve had one on the market by now.
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Elio: $6800 and 84 mpg
Arcimoto: Fun and right sized transportation
Aptera: 1000 mile range and 40 miles/day from solar
It's the same scenario, just yet another three wheeler. Along with that, they talk about huge sales.
Elio: 250K/year
Arcimoto: 50K per year by 2025
Aptera: a million by 2030
As you see that's what you need to push to get peoples attention. If you just said, "Well we really don't know what the market will bear but we will give it a shot and see what happens." then nobody will invest. Then if you just pushed it as a niche product, investors won't come either. You must promote big things to make it sound better than it really is.
If you look at Vanderhall, it was privately funded. So they did not need to sell to investors. Polaris probably mentioned the Slingshot at some meeting with shareholders but yet again, were not looking for outside funding. Both of these examples show how they realized there was a market for their products and scaled up according to the actual demand. I suspect Polaris has some well paid people that figured this out well ahead of time. Vanderhall started off small and grew to what the market demanded and stopped there.