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| Elio engine hits ready to hit the dyno http://gemellocattivo.com/forum/viewtopic.php?f=15&t=26 |
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| Author: | mk e [ Wed Jan 14, 2015 8:09 pm ] | ||
| Post subject: | Elio engine hits ready to hit the dyno | ||
Some time back I made a $100 donation...I mean put a $100 deposit on an Elio. Well, they now have an engine, as in 1 engine (I'm pretty sure) which is 1 more than I have but there's is I think a 900cc, 55hp, 3 cylinder 2valve so they need 17 by hp, 8 by valve count, 6 by displacemnt, 4 by cylinder count so I think I'm still winning Hopefully they'll get into production and I'll get one. http://www.thestreet.com/story/13011720 ... en=RSSFeed "Elio Motors Becomes First Start-up Vehicle Manufacturer To Build Engine From The Ground Up In 60 Years; Engine To Debut At Media Event Feb. 6...."
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| Author: | mk e [ Wed Jan 14, 2015 9:38 pm ] |
| Post subject: | Re: Elio engine hits ready to hit the dyno |
Notice too that while they say the engine is done, the intake and exhaust are clearly 1 one fab jobs and I see quite a few billet parts so by done they mean they are far enough along with the design to build a prototype. |
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| Author: | Brian.G [ Wed Jan 14, 2015 10:02 pm ] |
| Post subject: | Re: Elio engine hits ready to hit the dyno |
They have a lot of money spent. They also have a lot more to spend yet How many do they plan on making? Looks interesting, was it a type of Kickstarter fundraiser?(kind of thing) Brian, |
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| Author: | mk e [ Thu Jan 15, 2015 9:05 am ] |
| Post subject: | Re: Elio engine hits ready to hit the dyno |
They are planning to sell 250k/yr at a retail price of $6800 so even pennies matter. They bought a closed GM plant and keep saying they are about ready to production...but they have WAY too little money. They need $230M and have about $30M so they are looking for a $185M loan from the US gov under the same gov program that Tesla used to get started. Part of the $30M they have came fro pre-sales similar to the kickstarer model. They have taken 38,408 orders so far, I'm about #25k. They have 100-1000 levels in refundable or "all in" and the first deliveries will be based on you level. I did $100 all in and got a T shirt |
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