It costs less than $10,000. It’s made entirely in America. It could change how we move around. But right now, sadly, it doesn’t do much at all to make you want to take it for a spin.
Elio Motors has been working on its three-wheeled car-cum-motorcycle (“autocycle”) since 2009. It plans finally to go into production in 2017 and it’s received 56,000 reservations from people eager to buy it. The company says the road-worthy vehicle will cost just $6,800, and have a highway-MPG of 84, putting it into a market category all its own. In every way, Elio has a good story to tell: a genuine American bootstrapping startup that’s developed a car—a whole car!—from scratch.
