What Is The Status Of The Atvm Loan?

[RUCRAYZE]

There was some hard facts on page six, very interesting facts. In particular...
Quote;

Given 320 million people in the USA, and if this represents a single purchase -per- household, and 2.58 people per household....
that's a back log or pent-up demand for 29.5 million Elio's. Or about 122 years of Elio production at 240k per year.

Given that most cars are replaced every 10 years, Elio will definitely want to use that whole factory at some point.

Obviously not all of these people will make a move to buy or discover the Elio all at once, but in my limited experience of 60 years, I can't think of a car with this much market potential... not ever.

V W?

 

[wizard of ahs]

[Broken External Image]
It's called the Electra Meccanica Solo (sorry). Here's some more info:
http://thetyee.ca/News/2016/07/27/Commuting-Future/

Yea, I've been keeping an eye on this one too........
Only downside is NO A/C

 

[Rickb]

Yea, I've been keeping an eye on this one too........
Only downside is NO A/C

AC is the only listed Solo option.

 

[Muzhik]

Given 320 million people in the USA, and if this represents a single purchase -per- household, and 2.58 people per household....
that's a back log or pent-up demand for 29.5 million Elio's. Or about 122 years of Elio production at 240k per year.

Given that most cars are replaced every 10 years, Elio will definitely want to use that whole factory at some point.

Don't forget: once the Elio has been in full production for a year, GM and other Big Auto companies will want to get a piece of the action. Since they won't have to jump through hoops to get financing for such a product, my guess is that they will have an Elio-killer on the market 5 years later -- less if they simply copy Elio's design with enough minor changes to avoid copyright infringement. Who knows: if they can find the dies and stuff for the original Metro engine in a shed somewhere (maybe on Ebay?) they can cut development time by just using the old engine until they can update it.

 

[Jeff Miller]

Don't forget: once the Elio has been in full production for a year, GM and other Big Auto companies will want to get a piece of the action. Since they won't have to jump through hoops to get financing for such a product, my guess is that they will have an Elio-killer on the market 5 years later -- less if they simply copy Elio's design with enough minor changes to avoid copyright infringement. Who knows: if they can find the dies and stuff for the original Metro engine in a shed somewhere (maybe on Ebay?) they can cut development time by just using the old engine until they can update it.

It depends. If the market wants to pay twice as much for something more performance oriented then I might agree that the big guys would have some interest. If the market wants GREAT gas mileage and an entry below $10,000 then I highly doubt the big guys would be interested. They make more on every SUV they sell; why would they care about a pittance from an elio killer.

 

[Muzhik]

It depends. If the market wants to pay twice as much for something more performance oriented then I might agree that the big guys would have some interest. If the market wants GREAT gas mileage and an entry below $10,000 then I highly doubt the big guys would be interested. They make more on every SUV they sell; why would they care about a pittance from an elio killer.

Someone needs to remind them that no one ever went broke making money.

 

[KD]

It depends. If the market wants to pay twice as much for something more performance oriented then I might agree that the big guys would have some interest. If the market wants GREAT gas mileage and an entry below $10,000 then I highly doubt the big guys would be interested. They make more on every SUV they sell; why would they care about a pittance from an elio killer.

The big kids on the block are still looking at,chasing, and getting Grants and Benjamin's at will. Washington's, Lincoln's, maybe even a few Jackson's, are crumbs on the floor to be swept up and tossed away.

 

[pistonboy]

Don't forget: once the Elio has been in full production for a year, GM and other Big Auto companies will want to get a piece of the action. Since they won't have to jump through hoops to get financing for such a product, my guess is that they will have an Elio-killer on the market 5 years later -- less if they simply copy Elio's design with enough minor changes to avoid copyright infringement. Who knows: if they can find the dies and stuff for the original Metro engine in a shed somewhere (maybe on Ebay?) they can cut development time by just using the old engine until they can update it.

If the profit per vehicle is small, the big boys may not be interested. Paul Elio has said they plan to keep the profit per vehicle small to discourage competition.

But the big boys may be interested in something that would cause them to like EM and view them as a partner, not a competetor. Paul Elio has said they (EM) would like to get legislation passed allowing carbon credits from autocycles to be sold to the auto industry. Thus carbon credits could be sold by EM to the big boys. EM makes money, and the big boys can make large and powerful vehicles, which is what they really like.

Paul Elio has said none of the large auto makers like to be the first to offer a new option, because it is a problem for them if the option is unpopular. EM is planning on offering options that can be easily installed at the marshaling centers, and easily discontinued if proved unpopular. The big boys would watch to see if the option is something people want.

Paul Elio is hoping for a win-win relationship with the big boys.

 

[Jeff Miller]

Someone needs to remind them that no one ever went broke making money.

There is a lot of history regarding the big automakers ignoring low cost vehicles in favor of vehicles that return the most profit. They were so blind sided by the gas issues of the 70's that they lost their shorts to foreign auto makers. Did they learn - nope. They got whipped again when oil got expensive but did they learn - nope. Look at what they are building; big, expensive, outrages machines that will fail them again when gas goes up or another recession happens.

Ultimately the big guys have a finite ability to make, market, and sell vehicles. It makes sense that they will continue to concentrate on markets that give them the most profit. I'm not a marketing genius, nor am I able to predict the future, but it really seems clear that unless something significant happens that stops people from buying big cars, I just don't see the big guys wasting capacity on an elio killer.

 

[AriLea]

There is a lot of history regarding the big automakers ignoring low cost vehicles in favor of vehicles that return the most profit. They were so blind sided by the gas issues of the 70's that they lost their shorts to foreign auto makers. Did they learn - nope. They got whipped again when oil got expensive but did they learn - nope. Look at what they are building; big, expensive, outrages machines that will fail them again when gas goes up or another recession happens.

Ultimately the big guys have a finite ability to make, market, and sell vehicles. It makes sense that they will continue to concentrate on markets that give them the most profit. I'm not a marketing genius, nor am I able to predict the future, but it really seems clear that unless something significant happens that stops people from buying big cars, I just don't see the big guys wasting capacity on an elio killer.

I have to agree with several points here. One partnership noted was the carbon credit issue. The major makers are kind of up against the wall on fleet MPG's and getting EM to help them out with out having to risk their business model in the process will be attractive for a few years.

I always thought they could offer a two-for deal, an Elio Autocycle sold WITH you high-end SUV, the average MPG of that would be in the 50's.