Elio Motors (ELIO) Stock Price, News & Analysis (2024)

FAQs

What is going on with Elio Motors? ›

The company's tiny, three-wheeled car attracted national attention a few years ago, but after struggling to secure financing, the car has never reached the production line. Elio, 57, is gambling on a new plan to finally bring his three-wheeled wonder to life: Go electric.

Since it began accepting customer deposits in early 2013, start-up automaker Elio Motors collected at least $28 million in deposits from more than 65,000 reservations but has failed to deliver a vehicle to customers despite repeatedly pledging that production would begin.

Target price: $14,900. According to the press release, Elio's original plan was to launch the gasoline-powered Elio-G first, then follow up with a battery-powered electric version. (This is news to us: When one of our staffers drove the Elio P4 prototype in 2015, there was no mention of an electric car.)

Since early 2013, Elio Motors has accumulated more than 65,000 deposits for its three-wheeled, two-seat, 84 mpg vehicle. But it has failed to deliver any vehicles.

Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle.

All the while, Elio also sleeps with a woman named Marzia.

What is a microcar? To be more precise, these types of tiny electric vehicles aren't actually “cars” in a legal sense. They're street-legal motor vehicles in the US, but they actually fit into a different category in the National Highway Traffic Safety Administration's motor vehicle designations.

Two. It has a driver's seat and a passenger seat directly behind that. There is only one door, on the left-hand side.

That's partly because its two front wheels stick out by a foot on both sides, aiding balance and preventing the vehicle from tipping. The Elio has a three-cylinder, 0.9-litre engine and a top speed of more than 100 miles per hour. It gets an estimated 84 mpg on the highway and 49 mpg in city driving.

The HumanCar just might be an eco-loving carpooler's dream come true. Four seats and four rowing handles (for human-powered battery charging). The unique human-powered/electric hybrid vehicle will be available this coming Earth Day for a paltry $15,000.

Will Elio ever produce a car? ›

That predictably failed, and in 2021 the last gasp from Elio came by way of an electric version of its car, called the Elio-E, and more promises of production. “We are planning on starting production with the Elio-E to take advantage of both financial investment opportunities and consumer demand in the electric market.

Three-wheeled “cars” are most commonly called "trikes," “autocycles,” or "three-wheeled motorcycles." These vehicles might be called one or the other, depending on the design and purpose.

Development. On September 9, 2022, during the D23 Expo, Pixar announced a new film titled Elio, with Adrian Molina set to write and direct and Mary Alice Drumm set to produce. It marks Molina's feature-length solo directorial debut after he co-directed Coco (2017), which he also co-wrote.

Elio is scheduled to be theatrically released in the United States on June 13, 2025 by Walt Disney Studios Motion Pictures.

Capriccio: Twenty years after the events of Call Me By Your Name, Oliver works as a professor at a college in New Hampshire. He is married with children, but harbors nostalgia for the time he spent with Elio as a college student. He reunites with Elio in Italy, and they reconnect romantically.