London - Arab Today
Named one of the 2015 Top Ten Startups of the New Automotive Industry, Elio Motors continues to move closer to production and is showcasing the Elio P5 prototype at the North American International Auto Show in Detroit.
Paul Elio, CEO and Founder of Elio Motors discusses Elio Motors is revolutionizing the auto industry by developing a low-cost, highly fuel efficient vehicle that will:
• Create jobs in the USA
• Help lift people out of poverty by providing transportation to and from work
• Reduce our nation's overall oil consumption
Elio Facts:
• Cost – targeted base price of $6,800
• MPG – up to 84 MPG
• Tandem seating
• Nearly 50,000 reservations
Source: News Market