Tagged: elio motors

Dear Elio Motors, We Need to Talk

A letter to Elio Motors (OTC:ELIO) …   I don’t drive motorcycles. Often on the Southern California highways, I curse lane splitting motorcycles and the danger they present to themselves and others. I have long said to my children that I wish they would not… Read More

Elio Motors to Issue More Shares. Plans Switch to NASDAQ

Elio Motors, Inc. (OTC QX:ELIO), the first Reg A+ issuer to list on a public marketplace following a crowdfunded offering, has filed a Form S-1 with the SEC indicating its intent to sell additional shares in the company. Elio also revealed its intent to list its… Read More

Elio Motors Faces $545,000 Fine, Charged by State of Louisiana for Operating without a License

  The heat is rising for Elio Motors  (OTCQX: ELIO) as the State of Louisiana has fined the aspiring vehicle company $545,000.  The Louisiana Motor Vehicle Commission has accused Elio Motors of operating as a manufacturer/dealer of recreational products without a license. On the bright… Read More

On the Hot Seat: Louisiana State Lawmaker Wants Elio Investigation

Last month ABC affiliate KTSB located in Shreveport, Louisiana, reported that State Representative Cedric Glover wanted an investigation into how Elio Motors ended up gaining use of Shreveport, Louisiana’s former GM Plant. The deal allegedly caused two major potential tenants to be pushed out of a possibly… Read More

Why Elio Motors Makes Me Sad

  I want to be clear: I am not an investor in Elio Motors (OTCQX: ELIO). I did not participate in any manner with their offering under the new and improved Regulation A (also called Reg A+), and I did not promote it. I will… Read More

Where to List Your Shares? OTC Markets Says it Offers All the Benefits of NYSE MKT at Half the Cost

The advent of new securities exemptions has created opportunity for various sectors of finance. Beyond the fact that issuing companies now have new alternatives for raising capital, and a broader group of investors may gain access to early stage companies, there is a question of… Read More

StartEngine Alum Elio Motors Selects Bosch For Safety & Powertain Components of Anticipated Three-Wheel Vehicles

Elio Motors, Inc. (OTCQX: ELIO) recently announced it selected Bosch, a global supplier of technology and services, for key safety and powertrain components of its highly anticipated three-wheeled vehicles. As previously reported, Elio secured approximately $17 million on StartEngine. Its mini-IPO type offer was available to anyone -not… Read More

Is Reg A+ a Game-Changer? Absolutely. But it Will Take Some Time

Regulation A, or Reg A+ as everyone now calls it, has been heralded as the future of small IPOs by some. The updated securities exemption was created by Title IV of the JOBS Act and came into effect during 2015. Allowing smaller companies to raise… Read More

Elio Motors Answers: Is an Electric Car in the StartEngine Alum’s Future?

Continuing to build excitement for its highly anticipated three-wheel vehicles and its growth, Elio Motors recently discussed the possibility of producing its own fleet of electric cars.  In a recent blog post, the Elio team stated the reason why the first version of their vehicles… Read More

StartEngine Alum Elio Motors Engages Oppenheimer & Northland Capital for Investment Banking Services

On Wednesday, Elio Motors, Inc. (OTCQX: ELIO) announced it has engaged Oppenheimer & Co. Inc. and Northland Capital Markets for investment banking services, which includes strategic advisory, financing, and capital markets strategies. Sharing details about the new collaboration, Paul Elio, founder and CEO of Elio Motors, stated: “Elio Motors continues… Read More

Elio Motors Locks In Price for Anticipated 3-Wheel Vehicles & Applies For $185M ATVM Loan

On Friday, Elio Motors, Inc. (OTCQX: ELIO) announced on Friday that it had locked the price of $7,300 for the base model of its highly anticipated three-wheel vehicle. While sharing details about the new price, founder and CEO, Paul Elio, revealed Elio Motors was inspired by Volkswagen’s… Read More

Elio Motors is About a Year from Production (Deck)

Paul Elio presented at the SEC ACSEC meeting yesterday (July 19th), and as part of his presentation regarding his experience with raising capital online via Reg A+, Elio stated that his company, Elio Motors (OTCQX:ELIO), is about a year away from production. The entire video should… Read More

SEC ACSEC Meeting to Review Reg A+, Elio Motors Experience

The SEC Advisory Committee on Small and Emerging Companies (ACSEC) has published its agenda for its meeting next week and it should be a more interesting gathering. As part of the ACSEC program, the SEC Division of Corporate Finance will deliver an update on the… Read More

Elio Motors Appoints Former GM Manufacturing Executive As Plant Manager of Shreveport Facility

This week, Elio Motors, Inc. (OTCQX: ELIO) announced it has appointed former manufacturing executive of General Motors (NYSE: GM), Doug Frick, as plant manager for its Shreveport production facility.  Frick, who has been dubbed as Elio Motors’ first plant manager, is a 20-year auto industry veteran. He… Read More

Paul Elio Shares Details About Elio Motors’ E1A (Video)

  Last week, founder of Elio Motors, Inc. (OTCQX: ELIO) CEO, Paul Elio, shared details about the company’s new vehicle, E1A, during the E-Series event.  As previously reported, the first E-Series vehicle was unveiled in front of more than 200 automotive supplier executives and engineers who reportedly… Read More

Elio Motors Completes First E-Series Test Vehicle

Elio Motors, Inc. (OTCQX: ELIO) announced on Thursday it completed its first E-Series test model. The first E-Series vehicle, code-named the E1A, was unveiled in front of more than 200 automotive supplier executives and engineers who reportedly have key roles in the long-term development the company’s vehicles.  Elio’s founder… Read More

Elio Motors Appoints Jeffrey W. Johnstone Vice President of Engineering

Elio Motors, Inc. (OTCQX: ELIO), announced on Thursday that it has appointed automotive industry veteran, Jeffrey W. Johnston, as its new vice president of engineering   In his new role, Johnston will be responsible for all engineering of the full Elio vehicle, validation, safety, program management… Read More

Elio Motors Offers Up Details About Its Presence at the 2016 New York International Auto Show

Taking some time away from their duties at the 2016 New York International Auto Show, the team at Elio Motors, Inc. (OTCQX: ELIO) shared some details (and photos) of the annual event. The company shared on Wednesday: “Hello Elio’ers!  We’re right in the thick of the New… Read More

Elio Motors Founder & CEO Discusses ePlus Business Model at New York International Auto Show

On Thursday, Elio Motors, Inc. (OTCQX: ELIO) announced details about its new ePlus Business Model for mass personalization at New York International Auto Show.  As previously reported, the ePlus process will allow consumers to pick the options they want and have a personalized vehicle delivered within 24 hours after ordering…. Read More

Brief: Elio Motors to Announce Business Model for Mass Personalization at New York International Auto Show

This week, Elio Motors, Inc. (OTCQX: ELIO) announced it will be sharing details about its new ePlus Business Model for mass personalization at New York International Auto Show. This announcement comes just after the startup vehicle manufacturer revealed its plans to sell 100 pre-production vehicles built at its Shreveport,… Read More