Paul Elio, founder of Elio Motors, talks with reporters at a January 2013 press announcement at the Shreveport General Motors plant.
Detroit-based Elio Motors says it’s on track to begin producing its three-wheeled vehicle a little over a year from now in the former Shreveport General Motors plant. Founder Paul Elio told Red River Radio that 25 prototypes are under construction in Detroit as the company enters into the product testing phase. Elio said the main focus now is on engineering the vehicle.
Elio Motors executives placed a temporary sign outside the former General Motors plant in Shreveport. The Phoenix-based company plans to manufacture a three-wheeled vehicle in Shreveport.
Phoenix-based Elio Motors has formally announced its agreement to buy the former Shreveport General Motors plant, where it will build three-wheeled vehicles that it says will get more than 80 miles per gallon.
The startup car maker will use one-third of the 3 million acre plant site. Elio Motors said it will hire 1,500 workers by late 2015. Founder Paul Elio said at Thursday's news conference at the plant that he aims to create good-paying U.S. jobs, whether they’re unionized, he said, is up to his workforce.