Elio Motors Inc. (ELIO) Offers Dramatic New Approach to Multi-Billion Dollar Automotive Market
Arizona-based startup company Elio Motors Inc. (OTCQX: ELIO) represents a refreshingly different take on the changing American automotive market. Instead of wrestling with untested, high-priced technologies aimed at elite consumer markets, Elio is focused on the essential consumer basics of price and operational efficiency, taken to the extreme. It’s a bit like the approach of Henry Ford, who was smart enough to recognize the potential of a mass automotive market while other car makers produced expensive toys for the rich. To Elio, the key to the marketplace is a set of parameters that, in spite of what the industry says,…