Momentum V166

[Coss]

A look at recent progress in Shreveport

Elio Motors Momentum v166

From the beginning of the project, our goal at Elio Motors has been to keep our supporters apprised of our progress while giving them a unique look at the process of bringing a new vehicle to market. Although the majority of our focus as of late has been on the next round of funding, there are other components of the project that are also moving forward that we would like to share with you.

*MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation.​

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Certain statements in this email including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this email. Elio Motors assumes no obligation to update the information in this email.

Elio Motors 2942 North 24th Street Suite 114-700 Phoenix, AZ 85016 US

 

[Coss]

Momentum v166
Page 2

Moving Forward: A Plant Update
August 1, 2018



From the beginning of the project, our goal at Elio Motors has been to keep our supporters apprised of our progress while giving them a unique look at the process of bringing a new vehicle to market. Although the majority of our focus as of late has been on the next round of funding, there are other components of the project that are also moving forward that we would like to share with you. This week’s Momentum covers recent activity at Elio Caddo Operations (ECO), our manufacturing facility in Caddo Parish, Louisiana.



As a company, we have always maintained the belief that putting experts in different automotive fields together in the same space will be a major component of our success. Last week, the leads for several of our supplier partners met with Elio Motors engineers and manufacturing employees to discuss the strategic milestones of integration as we work toward the start of production. The meeting was led by our Vice President of Manufacturing and Product Launch, Gino Raffin. The meeting’s focus centered on the upcoming milestones and integration for the body and paint shops, general assembly, conveyance, controls and manufacturing integration. Together, our employees and supplier partners are moving the project forward by focusing on the next steps in the process.

The process of transforming a vehicle from an idea into a drivable reality can be likened to building a house: there are many tedious, yet important details that need to be accounted for. For example, a house’s front door ideally does not open directly into a bathroom. Additionally, many of us take for granted the intricacies of the house’s plumbing which requires planning and expertise. Similarly, the successful manufacturing process of a vehicle demands meticulous preparation and teamwork.

The conversations that took place between the different teams covered a wide variety of topics, ranging from the general to the granulated. For example, one discussion revolved around the power requirements of each department. While this idea may seem general, it requires specific calculations and logistics. One area of the process requires more power than another, and the spacing of the plant layout into this planning. Overall, meeting together to strategize the steps ahead ensures that the process will be smooth, efficient, and successful.

As we’ve endeavored to show in our past Momentums, the process of turning an idea into a reality is complex with many, many different moving parts. As we work on the next round of funding, we are moving the project forward in other essential areas. Gathering together our supplier partners and industry experts advances our mission in altering the course of transportation.

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[Made in USA]

This is more like it. It shows they are at least still thinking about what happens after funding is available.

 

[Ty]

Good to see new content being pushed out. This one didn't say a lot but it is at least something. Hopefully, the funding will be solved here shortly and Elio will hit the floor running.

 

[RSchneider]

As I have said before, you can tell when they have money in the bank because the gag order is lifted.

The best way to look at it is this. When funding comes in, they stop with reusing old blogs and tell you something new. When they are out of money, they go back to preaching to the choir. I'd suspect that this shows that the Eliocoin is coming soon (which is what it says on the website).

Anther way to look at Elio and their news flow is like when a couple have been dating for a long time. Friends and family start to asks, "When are you getting married?" They just say nothing and go on. The day they make the decision or one proposes to the other, then they can't wait to tell everyone and the flood of information comes out. From there is more information over and over again up until the wedding. So look at Elio as waiting to get a proposal. When Elio does, then it'll all be about the wedding and that day. Just change proposal to funding and wedding day to Elio production.

 

[Travelbuzz1]

..... Encouraging!

 

[Coss]

..... Encouraging!

Yes it is, things are looking up.

 

[Frim]

Yes it is, things are looking up.

I saw this announcement on a different website this am.

I like to think something is happening.


https://www.thestreet.com/story/136...annual-liolios-gateway-conference-sept-7.html

 

[Johnny Acree]

it's a tad old 2016

 

[pistonboy]

If they have moved from the vehicle design to the plant design, does that mean the vehicle design is pretty well complete?

I don't believe the plant design can be done until it is well known what the details are, of the item being built.