$28 million in deposits. 8 years. In 2013, Paul Elio shared the prototype for an ultra-cheap, gas-powered car that he claimed would revolutionize transportation. The car's promise would then generate ...

If its website is any indication, any connection the rest of the world had to Elio Motors has now timed out. The company’s website officially 404’s now, long after its cars effectively did the same.

Because it has three wheels, the Elio is classified as a motorcycle by the U.S. government. But it looks like a car and has many of the regular features of a car, including anti-lock brakes, air bags ...

Elio Motors — a new auto manufacturer entering the market — announced the launch of its first national television advertising campaign this week. Elio Motors has been on the radar of many watching the ...

Crowdfunding works. Whether vying for a portion of the billions that have been raised via rewards-based platforms like Kickstarter or seeking an investment from the crowd through which fans become ...

New era of equity crowdfunding raises risk concerns. Equity crowdfunding not for the weak at heart investor. Regulation+ darling Elio Motors showing signs of not being viable. After its mini-IPO last ...

Elio Motors, the company that's promising to build the three-wheeled, ultra fuel efficient vehicles here in Shreveport, maybe facing a big financial roadblock. It is reported the company can't find ...

ROYAL OAK, Mich. (AP) — Your next commuter car could have two seats, three wheels and get 84 miles to the gallon. Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same ...

A risky car concept and a wildly successful $17 million dollar crowdfunding effort used to help finance it. Elio Motors, at one point, had stock selling as high as 75 dollars per share. In 20-13, ...

They also claim motorcycle licenses aren't needed, but without detailed info, and, again, I've not seen independent sources for this. Needs proof. IMO, very few customers will submit to the motorcycle ...

BATON ROUGE, La. (AP) - A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it plans to build three-wheeled, low-price vehicles. The deal was ...

Elio Motors showed off its quirky, highly fuel-efficient, and cheap three-wheeled car way back at CES 2015, but the startup has struggled mightily since. Today, it has received a bit of a lifeline.