Spot on. They would be lucky to average 50K per year in sales.

The language is not unsual but the numbers don’t lie. This ain’t gonna happen unless the DOE does something crazy in an election cycle and approves the ATVM loan. Probably not going to happen in the next couple of years if at all.

Not too mention they have zero infrastructure to build the engines (1000/per day needed at full production volume).

How is that new engine running?

This article is more “fact based” because the facts are finally out there. Now that the SEC is involved Elio Motors had to pull back the curtains and it isn’t pretty. This project is a ridiculous fantasy dependent on the DOE ATVM loan and the premise they will sell 250K a year. In a company of less than 20 employees…