I'm rooting for them too since I have a reservation on both the C-1 and the Elio. I think I'll be driving my Elio for quite sometime while the Lit Motors Team makes final C-1 production plans. If there is any competition, and I don't think there is, it should be friendly because it does bring attention to this new vehicle classification.Update, in their latest blog comment section, Lit Motors still says they will be producing by the end of this year. Their facebook page shows the steady progress of the latest prototype build.
I am rooting for them, us Elio fans shouldn't feel threatened, they don't compete with the Elio except maybe for the more affluent here. I think they will bring attention to high efficiency 2 seat commuter vehicle market.