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The beginning of this year, the Dalelio launch was pushed out from 2017 to 2018. Now they've pushed it out again to 2019. Elio Motors delays production until 2019
Yet, there are still die-hards who believe the company and its concept vehicle have validity... if only the government, a white knight or more reservation holders would step in/up their support to allow it to succeed. Where have all the millions of dollars gone? How much engineering and design is needed for a motorized tricycle? Why not use an existing engine instead of trying to design a new one? Tesla has designed and produced three car models from the ground up in the amount of time Dalelio has been tweaking its design (for the umpteenth time) for their now obsolete autocycle concept.
That an automotive startup flounders isn’t especially remarkable. When it drags a town along with it, it is. When it initially launched, Elio secured space in a former General Motors assembly plant in Shreveport, Louisiana, by promising more than 1,500 manufacturing jobs in the town by the end of 2015. Elio paid for its lease through stock in its company—stock that’s effectively worthless now—and raised more than $100 million to build its cars.