Elio Motors Passes First Review Phase for U.S. Department of Energy (DOE) Advanced Technology Vehicles Manufacturing (ATVM) Loan

TROY, Mich., Oct. 23, 2014 /PRNewswire/ -- Elio Motors Inc., makers of the ultra-fuel efficient Elio, announced today that its application for a DOE ATVM loan has passed the first of three phases of review. Now deemed "substantially complete," the application will move to the due...