Elio Motors’ ultra fuel efficient 84 mpg 3-wheeler

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Elio Motors’ ultra fuel efficient 84 mpg 3-wheeler

Elio Motors 3 wheeler

Elio Motors has purchased a former General Motors assembly plant near Shreveport, Louisiana. Elio—which produces fuel efficient three wheeled cars that can go at 84 mpg on a highway—will begin production at this new facility in mid-2014 and is speculated to hire 1,500 employees by 2015.

For those unaware, the Elio retails for a mere $6,800 and features three airbags, power windows and air conditioning, two seats, a central driving position, front wheel drive, 60 mpg average, and a three-year 36,000-mile warranty. What’s more, a preliminary test gives the vehicle a 5-star safety rating.

Reuters writes:

Elio, founded in 2008, will build its three-wheeled vehicles in the 1.8 million-square-foot factory that was built in 1981 and most recently expanded in 2002. The property also includes a paint shop, powerhouse and wastewater treatment facility, rail spur and 530 acres of land.

Elio said it expects to use about 1 million of the more than 3 million square feet available for its manufacturing operations.

Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio and lease portions to other tenants, state officials said. Lichter is president of Los Angeles-based Industrial Realty Group.

Elio will receive an incentive package from Louisiana Economic Development, Louisiana officials said. The Caddo Parish Commission also is negotiating potential incentives.

Susmita is a freelance writer and editor in the Greater New York City area with her own blog on natural beauty (Cherry Stained Lips). In her spare time, Susmita enjoys cooking, traveling, dappling in photography, art history and interior design, and moonlighting as a therapist for her loved ones.

  • Booksnboats

    I believe in America. I believe in American labor. I believe in entrepreneurial vision. I believe in American made components. I believe in American made prosperity. I believe in American manufacturing. I believe in what Paul Elio is attempting to accomplish in Shreveport, Louisiana .
    I wish him the best, but as Paul Elio says, wishes don’t get the job done, so I’m sending in my reservation for the transportation of the future! American action will surely help this man succeed.