Elio Motors showed off its three-wheeler at the International CES technology show in Las Vegas this week and announced the next step in its plan to put the vehicle into production.
The US company's model plan is to produce an ultra-frugal, low-cost vehicle using 90 per cent of domestically sourced components. The Elio is a three-wheeled two-seater powered by an inline three-cylinder, 0.9-litre petrol engine that produces 54bhp.
The company says the car will be capable of 84mpg US (equivalent to approximately 98mpg UK) on major roads – giving it a maximum range of more than 670 miles – and 49mpg (58mg UK) in the city. It intends to sell the vehicle for $6800 (about £4100). The vehicle will be available with either a five-speed manual gearbox or an automatic transmission.
Elio Motors has rented production space in the former General Motors Assembly and Stamping Plant in Shreveport, Louisiana. Work at the facility stalled in 2012 when GM's financial crisis took hold, but Elio Motors hopes to bring 1500 jobs back to the region.