Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.Years ago I worked for GE Aircraft Engines -- and enharmonic vibration was, believe me, not "voodoo engineering." Elio is being prudent in making sure that frequencies are appropriately damped.I dunno Ekh, your info might well be spot on, I'm not an engineer, but I've never heard of that before. Lots of vehicles get engine swaps, including prototypes in the testing phase, and that's a new one. I get the concept of harmonic resonance, but that sounds kinda like voodoo-engineering. Maybe.....
It's a matter of timing. Elio is perfectly well aware of how important it is to get the crash vehicles built... "no safety, no sales to mom" is how Jerry put it to me the other day. Once the engine testing is complete, they will start producing the prototypes -- as cash flow permits. The timing, therefore, depends on which happens first: enough plant equipment sold, additional investors on board, or ATVM loan guarantee. Part of the problem is that Paul doesn't want to give away the store, so he won't offer enormous slabs of stock to potential investors. That makes it much harder, but Paul does not want a flood of Chinese parts, for instance, at the behest of other major stockholders.I always assumed the engine would need to be designed, built, tested, and running prior to the prototype builds for a precision engineering fit when building the Elio from the ground up. I expected another production delay because the engine was still being tested. So if funding is available to start building prototytpes after the newly scheduled engine start event I am back to 100%. No funding news I'm back to doubting.
I wonder about the assets you mention. I'm guessing they are minimal, and liquid assests are probably being used to meet daily expenses while waiting on funding options. I think while navigating the rapids they got hung up on a rock and are waiting for an emergency venture capitalist to rescue them.It's a matter of timing. Elio is perfectly well aware of how important it is to get the crash vehicles built... "no safety, no sales to mom" is how Jerry put it to me the other day. Once the engine testing is complete, they will start producing the prototypes -- as cash flow permits. The timing, therefore, depends on which happens first: enough plant equipment sold, additional investors on board, or ATVM loan guarantee. Part of the problem is that Paul doesn't want to give away the store, so he won't offer enormous slabs of stock to potential investors. That makes it much harder, but Paul does not want a flood of Chinese parts, for instance, at the behest of other major stockholders.
Personally, I think he's going to have to carve the turkey a little bit, but as of now he hasn't done so. His determination not to give away control also means he has to offer higher returns to investors, either interest or profit share. Meanwhile, the company certainly has assets, and may well navigate these rapids safely -- but it all takes time, time, time.