Elio Motors, a small startup automaker operating out of an old GM plant, introduced the key suppliers for its three-wheeled, two-seat car while revealing a few more details about the vehicle and one of the prototypes yesterday.
The 800-pound three-wheeler will sell for $6,800 and the company already has 13,000 orders. There are two markets for the car, according to Paul Elio, the company’s founder and CEO, first-time car buyers and someone with a larger vehicle, like a Cadillac Escalade, who is looking for an inexpensive commuter vehicle.
The company took over a portion of GM’s former plant in Shreveport, La. earlier this year and expects to begin production of the car, which they say will get 49 mpg city and 84 mpg highway and get a five-star crash rating, next June.