I'm not sure the Chinese will be interested in an Elio knock off, since the Elio is already a knock off itself. So many of the components of the Elio are already in use across a number of vehicles, heck the hood uses old school pins (no latch), and the washer fluid reservoir is the bottle the fluid comes in...
I've been all in since 2014, though following Elio for some time before. Best guess is Comau starts to set up the lines in October, and the first line starts in mid/late December. The first line will start at 70% capacity, and it will take 45 days to get to 100%, then they'll do the same with the second line, and within that time will be able to produce 19,000 vehicles. After 90 days, they'll be capable of running full capacity and be able to produce 500 vehicles on each line for a total of 1000 per day. The company has said that the first 120 vehicles will be reserved for special purposes. For all intentions, I think we won't see reservation holders behind the wheel and on the streets until early 2017. But I think technically they'll get into production this year.
I think the share price will correct big time down. However, if the ATVM loan comes through, which is critical to making it to production, the gloves will be off and $40/share will be remembered as peanuts.
Too bad you're not in to Harley's it's the only other American motorcycle company I can think of that has a virtually cult like following like Elio Motors does. Otherwise I find it hard to describe the intense fervor many of us reservation holders share for the company.
