Elio Motors Launches Fleet Sales Division to Help Businesses Reduce Vehicle Fleet Costs

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$6,800, 84-MPG Enclosed Three-Wheeler Ideal for Business, Municipal Government Use

Elio Motors CEO Paul Elio poses next to vehicle

We will see significant cost savings over the course of a year by shifting away from vans and into an Elio. It’s a move that will provide an immediate positive impact to our bottom line.

Elio Motors today announced it has launched a fleet sales division to capitalize on the growing interest from businesses, rental companies, and municipalities. In 2015, Elio Motors is launching an enclosed, three-wheeled vehicle that will retail for $6,800 and get 84-MPG, and will provide significant cost-savings to companies and government entities that have fleets for rentals, deliveries, service calls, and other travel-related needs.

The fleet sales division will be headed by Brendan Carey, Vice President of Fleet Sales, a former ADESA (KAR Auctions) employee who joined Elio Motors in 2013.

With the average vehicle price approaching $30,000, businesses and municipalities can save nearly $23,200 switching to an Elio. In addition, assuming a vehicle gets 25 MPG and is driven 20,000 at $4 per gallon of gas, switching to an Elio would save a company nearly $2,250.00 annually, just on fuel costs.

Though Elio Motors launches in 2015, it is currently taking reservations. Many of these reservations have come from businesses looking to control their vehicle fleet costs.

“Interest in Elio Motors among the business community is extremely high, and rightfully so,” said Paul Elio, founder and CEO of Elio Motors. “As we’ve taken the vehicle on its 33-city nationwide tour, we are always approached by business people, rental companies, and government officials who recognize they can attain significant savings converting their fleet to Elios.”

An example of some of the businesses that have made Elio Motors reservations include Griffin Beverage Company in Michigan and SOS Alarm in Oregon.

“While most of our deliveries require a large truck, route sales orders can be conducted by a single driver with an occasional light load,” said Bob Griffin, CEO of Griffin Beverage, which has reserved 18 vehicles. “We will see significant cost savings over the course of a year by shifting away from vans and into an Elio. It’s a move that will provide an immediate positive impact to our bottom line.”

For SOS Alarm, most of their business travel is from field reps checking up on customers.

“We don’t always need to lug around a ton of equipment, so it makes sense to conduct many of our trips in a low-cost, highly fuel-efficient vehicle,” said Henry Knepp, Regional Manager of SOS Alarm. “Elio Motors will give us a low-cost option that we’ve been looking for.”

Other business that have reserved an Elio for fleet purposes include Peoria Car Rental in Peoria, AZ; Treasure Coast Car Wash in Port St. Lucie, FL; and Edge Auto Rental in New York, NY.

About Elio Motors:

Founded by car enthusiast Paul Elio in 2008, Elio Motors Inc. represents a revolutionary approach to manufacturing an ultra-high-mileage vehicle. The 3-wheeled Elio will attain a highway mileage rating of 84 mpg while providing the comfort of amenities such as power windows, power door lock and air conditioning, accompanied by the safety of multiple air bags and an aerodynamic, enclosed vehicle body. Elio’s first manufacturing site will be in Shreveport, La., with plans for the first production vehicle to roll off the assembly line in 2015, and significant production, sales, and distribution during the next two years. For more information, visit http://www.eliomotors.com or http://www.facebook.com/ElioMotors.

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