Elio Motors(OTC) ELIO

Elio Motors, Inc. is an automotive enterprise focused on developing innovative vehicles, particularly a three-wheeled model designed for high fuel efficiency. The company aims to revolutionize personal transportation with a projected fuel economy of 84 miles per gallon, making it an attractive option for environmentally conscious consumers.

Products and Services

• Development of a three-wheeled vehicle for personal transportation
• Focus on high fuel efficiency and affordability
• Comprehensive vehicle creation process from design to sales

Growth Outlook

• Projected production of the Elio vehicle across the United States
• Increasing demand for fuel-efficient vehicles in the market
• Potential partnerships to enhance manufacturing capabilities

Financial Highlights

• Recent quarterly net income of -$5.2 million, indicating ongoing development costs
• Trailing twelve months (TTM) revenue remains at $0, reflecting pre-production phase
• Cash and short-term investments of $100,350 as of Q2 2021

Elio Motors, Inc. has established itself as a forward-thinking player in the automotive industry, particularly in the niche of fuel-efficient vehicles. The company's innovative approach to vehicle design and manufacturing aims to meet the growing consumer demand for sustainable transportation options. Despite facing financial challenges, including a recent net income loss, the focus on bringing the Elio vehicle to market presents significant growth potential. The automotive sector is increasingly leaning towards efficiency and sustainability, positioning Elio Motors favorably for future opportunities. Investors may find interest in the company's unique product offering and its commitment to revolutionizing personal transportation.