I spend a lot of time talking to members of the “emerging growth” company space. (I use that phrase to cover small companies that are either, Crowdfund, VC, Angel, PE, or MicroCap.)
A lot of the people I talk to don’t know the Elio Story and I think it is a good one.
Elio is the brainchild of Paul Elio. He has designed a cost effective commuter vehicle that will get 78 mpg and cost only $7,300. He is using simple technologies that are proven to reduce cost. He will be making the cars in a plant that GM abandoned in Louisiana. We don’t need heavyhanded technologies to save the planet, lets just keep it simple.
Mr. Elio has crowd funded this project to the tune of 6000 investors raising about $20 million. He as also taken Elio public on the OTC Markets $ELIO. He has also taken orders for 60,000 cars.
Elio, is saving the planet, creating domestic jobs, and making a car that looks pretty fun to drive. I look forward to seeing him grow!
marcus laun 