Elio Motors Reveals Key Suppliers and Prototype at Troy Event

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Key Supplier Relationships and Revolutionary Three-Wheel Vehicle Prototype Revealed Wednesday, May 8 at Altair Headquarters

Elio Motors introduced over 20 key suppliers including Altair Engineering , IAV, NEWTECH 3, and Comau as key suppliers of their brand new, American-made vehicle this morning at the Troy, Michigan headquarters of Altair. A prototype of the three-wheel vehicle was revealed by Paul Elio right after announcing the suppliers.

Founder and CEO of Elio Motors Paul Elio and Ken Way, Elio Motors Board Member and former Chairman and CEO of Lear Corporation led this morning’s announcement with words from engineering services firm Altair, engine design partner IAV, circuit board and harness manufacturer NEWTECH 3, and advanced manufacturing services firm Comau.

“We are honored by the strength and quality of the suppliers that this project has attracted. Their enthusiasm and active participation in the design process ensures Elio Motors success as we move into the future,” Paul Elio said of the Elio Motors supplier partners.

Elio Motors new prototype showcases their three-wheeled vehicle design that can achieve 84mpg with an anticipated 5-star safety rating all starting at $6,800. The prototype was revealed to the public this morning, marking the start of a tour where the vehicle will travel from Troy to Shreveport, LA, then onto St. Louis and Kansas City, with stops in additional markets to be added.

Elio continued, “We are excited to have the new prototype available and are looking forward to sharing the design changes with our future customers in the coming months.” The vehicle will be produced in Shreveport, Louisiana, in a plant that GM previously used for assembly.

The vehicle is scheduled for production in the summer of 2014 and reservations are being accepted now. Potential owners can reserve vehicles for as little as $100. Reservations allow potential owners a spot on the delivery list in the first year in production depending on their reservation level, access to the Elio Motors e-newsletter, a bumper sticker, and a limited edition t-shirt. Parties interested in learning more about Elio Motors can visit http://www.facebook.com/ElioMotors or http://www.eliomotors.com.

About Elio
Elio Motors was born out of Paul Elio’s vision for an efficient and affordable revolutionary vehicle. The American made, three-wheel vehicle boasts 84 mpg on the highway and 49 mpg in the city, plus an anticipated 5-star safety rating. At $6,800, this vehicle is for everyone. For more information, please visit http://www.eliomotors.com or http://www.facebook.com/ElioMotors.

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Allison Hurt
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