TROY, MI – Elio Motors is confident it has a business plan in place that will allow its new 3-wheeled vehicle to establish a new segment in the U.S. market. The yet-to-be-named 3-wheeler, technically a motorcycle for regulatory purposes, is scheduled to begin production in June 2014, with sales commencing shortly thereafter. It will be priced at $6,800, achieve fuel economy of 49/84 mpg (4.8-2.8 L/100 km) city/highway and boast a 5-star crash rating, says Paul Elio, founder and ...

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