Elio Motors, the startup automaker hoping to produce and sell a low cost, high mileage reverse trike announced yesterday that the prototype of the IAV designed 0.9 liter, three cylinder single overhead cam engine to be used in their vehicle has successfully started dynamometer testing. A short video of the engine running in a test cell has also been released. While it remains to be seen if Elio will be able to raise the $200 million or so they say they need to start production in 2016 (pushed back from this year), the engine test is one of the more important steps on the journey to reach that goal. (Read More…)
Since we last looked at Elio Motors, the startup that plans on selling an 84 mpg, $6,800 tandem reverse trike to people looking to replace 15 year old beaters, there have been a number of developments involving the company. To begin with, the start of production has been pushed back until the beginning of 2015. Though Elio had originally announced that production would start in Q4 of this year, there were delays in finalizing the real estate deal for the former General Motors assembly plant in Shreveport, Louisiana where Elio plans to build their vehicles, including assembling their own engines (whose preliminary specifications have been announced). There have also be some changes to the car’s design as it gets closer to production, with a fourth prototype being introduced. Finally, Elio has announced how they will market and service the vehicle. Like Tesla, they will be setting up factory owned stores to sell directly to customers. Those stores, though, won’t be providing service.