Does The Elio *have* To Sell In High Volume To Succeed?

[Elio Amazed]

I thought the ATVM loan was for those who had no other funding. If this is the case, EM could not tell other sources of funding had been secured. It would disqualify they from receiving the ATVM loan.

Is this correct or incorrect? Opinions?

Nope.
The loan guarantee language says something on the order of...
There can't be any other government funding involved other than (nor in addition to) the guaranteed loan.

 

[Elio Amazed]

I've gone to the office here in Phoenix off of 24th street and there is no activity. They haven't returned my e-mail or phone calls. I read on the Corvette forum that the manufacturing plant is inactive too. Does anyone on here have direct knowledge of the actual product??? Thanks for any info....

Go to the Elio Motors website.
Click on the blogs they've published over the past few weeks/months.
You'll see rather interesting photos that validate the existance of the physical maifestation of the "product".

After you catch up with it all... Sign up to automatically get the emails and blogs.
And welcome to our community.

 

[Elio Amazed]

4. Wouldn't the EPA ask for electric drive? I mean, EPA funding spent on developing yet another ICE...??

Technically, the EPA won't be spending (or guaranteeing) a cent on "Developing yet another ICE".
Elio Motors has (to my knowledge) has already had all the developing done that there is to be done (on the engine) with their own funding.
Sometimes getting "technical" with the language is the only way to make it all work.

 

[voyager]

Are there any other investors involved, for instance from the Bay Area? That would make for a comforting sign.

 

[Ty]

Are there any other investors involved, for instance from the Bay Area? That would make for a comforting sign.

Paul Elio could probably get investors lined up but at the expense of control of his own company. As long as there is a way to build this company without losing control, Paul would be unwise to give up control in the interest of saving some time to production. I expect that Elio will build the 25 testers in Michigan and then build the 100 pre-production vehicles in Shreveport to get the kinks out of the assembly process at which point the ATMV will guarantee a loan amount high enough for them to begin full-rate production. Elio will be in a lot of debt till they work their way through the reservations at which point you could see them suddenly in the black and in complete control of the company. That's what I would do, anyway. I surely wouldn't jump into bed with investors who just want to make money off my hard work just so I could save a couple months or even years.

 

[Marshall]

......"and some countries are banning ICE vehicles by 2025.".........
Which ones and cite sources of information.

You know, at one time WAR was banned too. But then WWI broke out.

You don't ban improvement because you expect perfection.

 

[Marshall]

[QUOTE="Sethodine, post: 150830, member: 5944"
The hardest part about EV adoption is not the technology anymore. It is the culture that has been trained so well to pump gas, that they can't imagine a world without it.[/QUOTE]
The culture is a smaller problem than you think. But the infrastructure and time to charge away from home is a bigger problem outside the cities and not likely to be easily overcome. Electrics will have to succeed as a niche market as the infrastructure and charging technology improve before it becomes a replacement vehicle for most. But you have to start somewhere.

 

[Sethodine]

The culture is a smaller problem than you think. But the infrastructure and time to charge away from home is a bigger problem outside the cities and not likely to be easily overcome. Electrics will have to succeed as a niche market as the infrastructure and charging technology improve before it becomes a replacement vehicle for most. But you have to start somewhere.

But that's just it, the infrastructure really ISN'T the problem. People only think that it is, because they are so used to relying on gasoline infrastructure.
98% of my charging is done at home. And charging speed at public stations is dependent on the car's equipment more than it is the station.
The larger your inverter/charger is, the faster your car can guzzle electricity. From a 50 amp 220v single-phase socket (standard for RV hookups nationwide) you could recharge a Nissan Leaf from empty to full battery in under 100 minutes. I know, because people have done it. It just takes adding on a few aftermarket chargers, because the one Nissan sells with the car is not up to the task.
BRUSA has a new charger that is capable of adding 22kw of charging power to a car--compare that to the paltry 3.3kw inverter that came with my Leaf. That would increase my charge time by 6x. With 25.3kw of charging power, I could completely charge my 24kw battery in under an hour.

Now, "under and hour" doesn't compare to the couple minutes it takes to refill a gas tank on a car. But as battery pack power also increases, then pretty soon the only time you will ever need to recharge your car is when you get home at night, or when you are on long road trips. So my point still stands--it is less about what infrastructure is out there, and more about what is "under the hood".

 

[WilliamH]

But that's just it, the infrastructure really ISN'T the problem. People only think that it is, because they are so used to relying on gasoline infrastructure.
98% of my charging is done at home. And charging speed at public stations is dependent on the car's equipment more than it is the station.
The larger your inverter/charger is, the faster your car can guzzle electricity. From a 50 amp 220v single-phase socket (standard for RV hookups nationwide) you could recharge a Nissan Leaf from empty to full battery in under 100 minutes. I know, because people have done it. It just takes adding on a few aftermarket chargers, because the one Nissan sells with the car is not up to the task.
BRUSA has a new charger that is capable of adding 22kw of charging power to a car--compare that to the paltry 3.3kw inverter that came with my Leaf. That would increase my charge time by 6x. With 25.3kw of charging power, I could completely charge my 24kw battery in under an hour.

Now, "under and hour" doesn't compare to the couple minutes it takes to refill a gas tank on a car. But as battery pack power also increases, then pretty soon the only time you will ever need to recharge your car is when you get home at night, or when you are on long road trips. So my point still stands--it is less about what infrastructure is out there, and more about what is "under the hood".

I understand that your Battery Powered Vehicle meets your needs and you are happy with it.
I'm even happy for you.
This, however, is not a BPV fan site.
Please find a BPV site where you can regale like minded enthusiasts with your stories of how happy you are with your BPV.
Your constant sales pitch for BPVs in every thread is getting offensive.

 

[Elio Amazed]

But that's just it, the infrastructure really ISN'T the problem. People only think that it is, because they are so used to relying on gasoline infrastructure.
98% of my charging is done at home. And charging speed at public stations is dependent on the car's equipment more than it is the station.
The larger your inverter/charger is, the faster your car can guzzle electricity. From a 50 amp 220v single-phase socket (standard for RV hookups nationwide) you could recharge a Nissan Leaf from empty to full battery in under 100 minutes. I know, because people have done it. It just takes adding on a few aftermarket chargers, because the one Nissan sells with the car is not up to the task.
BRUSA has a new charger that is capable of adding 22kw of charging power to a car--compare that to the paltry 3.3kw inverter that came with my Leaf. That would increase my charge time by 6x. With 25.3kw of charging power, I could completely charge my 24kw battery in under an hour.

Now, "under and hour" doesn't compare to the couple minutes it takes to refill a gas tank on a car. But as battery pack power also increases, then pretty soon the only time you will ever need to recharge your car is when you get home at night, or when you are on long road trips. So my point still stands--it is less about what infrastructure is out there, and more about what is "under the hood".

But...

Isn't a slow charge the better way (healthier for the battery pack) to charge batteries?
At least that's the way it was with old school tech.
In the past, it's been... The faster you charge, the more heat there is, and the faster you wear the batteries out.