The $6,800 Elio Motors three-wheeled vehicle took a step closer to reality on Thursday with word that the start-up company has agreed to buy a former General Motors assembly plant near Shreveport, Louisiana to build the vehicle.
Elio Motors said it expects to begin commercial vehicle production in mid-2014 “with significant hiring at the Shreveport facility to begin by the second quarter of 2014.”
Elio Motors said its quirky-looking car will achieve a highway mileage rating of more than 80 mpg.