You know how 'technical' things can get. Fiberglass is just the filler material, where the real words are "Fiberglass Reinforced Polyester Composite" and SMC is a -process- using 'Fiberglass' material. So yes, both are descriptive of the Elio.SMC is fiberglass-reinforced plastic.
https://en.wikipedia.org/wiki/Sheet_moulding_compound
I can't figure out how to give credit but, yes, fiberglass and SMC seem to be one and the same in the Elio.
You know you could have fiberglass with epoxy or even nylon(and as Frim says polyurethane), thermal set or catalytic processes. The most common is of course hand-layup Catalytic-set polyester.